Evommune (EVMN) exec sells 20K shares after exercising stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Evommune, Inc. Chief of Development Operations Janice Suzann Drew exercised stock options and sold shares in a planned trade. On June 22, 2026, she exercised options to acquire a total of 20,000 shares of common stock at exercise prices of $2.99 and $3.84 per share, then sold 20,000 shares in an open-market transaction at a weighted average price of $22.63 per share.
The filing notes that these transactions were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on March 9, 2026, indicating they were scheduled in advance. Footnotes also describe a standard multi-year vesting schedule for the underlying employee stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 20,000 shares ($452,600)
Net Sell
5 txns
Insider
Drew Janice Suzann
Role
Chief of Dev. Operations
Sold
20,000 shs ($453K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 3,839 | $0.00 | -- |
| Exercise | Employee Stock Option (Right to Buy) | 16,161 | $0.00 | -- |
| Exercise | Common Stock | 3,839 | $3.84 | $15K |
| Exercise | Common Stock | 16,161 | $2.99 | $48K |
| Sale | Common Stock | 20,000 | $22.63 | $453K |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 53,795 shares (Direct, null);
Common Stock — 71,633 shares (Direct, null)
Footnotes (1)
- The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 9, 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 $23.12 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: 20,000 shares
Sale price: $22.63 per share
Options exercised at $2.99: 16,161 shares
+2 more
5 metrics
Shares sold
20,000 shares
Open-market sale of common stock on June 22, 2026
Sale price
$22.63 per share
Weighted average sale price for 20,000 shares
Options exercised at $2.99
16,161 shares
Employee stock option exercise price $2.99 per share
Options exercised at $3.84
3,839 shares
Employee stock option exercise price $3.84 per share
Net buy/sell shares
-20,000 shares
Transaction summary net buy/sell direction net-sell
Key Terms
Rule 10b5-1 trading plan, weighted average price, Employee Stock Option (Right to Buy), vesting, +1 more
5 terms
Rule 10b5-1 trading plan financial
"The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
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
"security_title: "Employee Stock Option (Right to Buy)""
vesting financial
"shares subject to the option shall vest in thirty-six (36) equal monthly installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion""
