Evommune (EVMN) CSO sells 16,687 shares and exercises 13,512 options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Evommune, Inc. Chief Scientific Officer Jeegar Pravinkumar Patel reported an exercise-and-sale transaction in company stock. He exercised employee stock options to acquire 13,512 shares of common stock at a price of $3.84 per share, then sold 16,687 shares of common stock at a weighted average price of $22.74 per share in open-market transactions pursuant to a Rule 10b5-1 trading plan adopted on February 27, 2026. Following these transactions, he directly holds 46,403 shares of common stock and 29,330 employee stock options that remain outstanding and exercisable into common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 16,687 shares ($379,462)
Net Sell
3 txns
Insider
Patel Jeegar Pravinkumar
Role
Chief Scientific Officer
Sold
16,687 shs ($379K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 13,512 | $0.00 | -- |
| Exercise | Common Stock | 13,512 | $3.84 | $52K |
| Sale | Common Stock | 16,687 | $22.74 | $379K |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 29,330 shares (Direct, null);
Common Stock — 63,090 shares (Direct, null)
Footnotes (1)
- The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 27, 2026. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $22.50 to $23.35 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 securities sold at each separate price within the range set forth in this footnote. One fourth (1/4) of the shares subject to the option award shall vest on the first anniversary of the grant date and the remaining shares subject to the option shall vest in thirty-six (36) equal monthly installments thereafter, subject to the Reporting Person's continuous service through such vesting date.
Key Figures
Shares sold: 16,687 shares
Weighted average sale price: $22.74 per share
Sale price range: $22.50 to $23.35
+4 more
7 metrics
Shares sold
16,687 shares
Common stock sold in open-market transactions on June 1, 2026
Weighted average sale price
$22.74 per share
Common stock sale on June 1, 2026
Sale price range
$22.50 to $23.35
Range of prices for multiple sale transactions
Options exercised
13,512 shares
Employee stock options exercised into common stock
Option exercise price
$3.84 per share
Employee Stock Option (Right to Buy) exercise
Common shares held after
46,403 shares
Direct common stock ownership after transactions
Options remaining after
29,330 options
Employee stock options outstanding following exercise
Key Terms
Rule 10b5-1 trading plan, weighted average price, Employee Stock Option (Right to Buy), option award vest
4 terms
Rule 10b5-1 trading plan regulatory
"The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 27, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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.
Employee Stock Option (Right to Buy) financial
"Employee Stock Option (Right to Buy)"
option award vest financial
"One fourth (1/4) of the shares subject to the option award shall vest on the first anniversary of the grant date..."
FAQ
What insider transactions did Evommune (EVMN) report for its Chief Scientific Officer?
Evommune’s Chief Scientific Officer, Jeegar Pravinkumar Patel, exercised employee stock options for 13,512 common shares at $3.84 and sold 16,687 common shares at a weighted average price of $22.74, all on June 1, 2026.
Were the recent Evommune (EVMN) insider sales made under a Rule 10b5-1 plan?
Yes. The reported sales of 16,687 Evommune common shares were executed pursuant to a Rule 10b5-1 trading plan that Jeegar Pravinkumar Patel adopted on February 27, 2026, indicating the transactions were pre-arranged rather than timed discretionarily.
What stock options did the Evommune (EVMN) CSO exercise in this Form 4?
He exercised employee stock options covering 13,512 shares of Evommune common stock at an exercise price of $3.84 per share. The option vests over four years, with one quarter vesting after one year and the rest in 36 monthly installments.