[Form 4] Dyne Therapeutics, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dyne Therapeutics, Inc. Chief Medical Officer Douglas Kerr reported an automatic sale of 1,564 shares of common stock. The shares were sold on May 13, 2026 at a weighted average price of $18.36 per share in multiple trades between $18.20 and $18.41.
The filing explains that these shares were automatically sold to satisfy tax withholding obligations related to the vesting of restricted stock units granted on February 12, 2026, under a restricted stock unit agreement described as a binding contract consistent with the affirmative defense under Rule 10b5-1. After this transaction, Kerr directly holds 170,042 shares of Dyne Therapeutics common stock, including 148,313 unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,564 shares ($28,715)
Net Sell
1 txn
Insider
Kerr Douglas
Role
Chief Medical Officer
Sold
1,564 shs ($29K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,564 | $18.36 | $29K |
Holdings After Transaction:
Common Stock — 170,042 shares (Direct, null)
Footnotes (1)
- Represents shares automatically sold by the Reporting Person to satisfy tax withholding obligations in connection with the vesting of restricted stock units granted to the Reporting Person on February 12, 2026. The automatic sale of the Reporting Person's shares is provided for in a restricted stock unit agreement constituting a "binding contract" consistent with the affirmative defense to liability under Rule 10b5-1 and the sale does not represent a discretionary trade by the Reporting Person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $18.20 to $18.41, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote of this Form 4. Includes 148,313 unvested RSUs.
Key Figures
Shares sold: 1,564 shares
Weighted average sale price: $18.36 per share
Shares held after transaction: 170,042 shares
+2 more
5 metrics
Shares sold
1,564 shares
Automatic sale on May 13, 2026
Weighted average sale price
$18.36 per share
Open-market sale range $18.20–$18.41
Shares held after transaction
170,042 shares
Direct holdings following sale
Unvested RSUs included
148,313 RSUs
Part of post-transaction total holdings
Net share change
-1,564 shares
Net-sell direction in transaction summary
Key Terms
restricted stock units, Rule 10b5-1, weighted average price
3 terms
restricted stock units financial
"vesting of restricted stock units granted to the Reporting Person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 10b5-1 regulatory
"binding contract consistent with the affirmative defense to liability under Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.