Evommune (EVMN) CEO Luis C. Pena sells 16,787 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Evommune, Inc. President & CEO Luis C. Pena reported an open-market sale of common stock. On June 1, 2026, he sold 16,787 shares of Evommune common stock at a weighted average price of $22.74 per share in multiple transactions. These trades were made pursuant to a pre-arranged Rule 10b5-1 trading plan. After the sale, Pena directly holds 637,896 shares of Evommune common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 16,787 shares ($381,736)
Net Sell
1 txn
Insider
Pena Luis C.
Role
President & CEO
Sold
16,787 shs ($382K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 16,787 | $22.74 | $382K |
Holdings After Transaction:
Common Stock — 637,896 shares (Direct, null)
Footnotes (1)
- The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 2, 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 $23.34 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.
Key Figures
Shares sold: 16,787 shares
Weighted average sale price: $22.74 per share
Post-transaction holdings: 637,896 shares
+1 more
4 metrics
Shares sold
16,787 shares
Open-market sale of common stock on June 1, 2026
Weighted average sale price
$22.74 per share
Common stock sale on June 1, 2026
Post-transaction holdings
637,896 shares
Direct ownership after June 1, 2026 sale
Price range of trades
$22.50–$23.34 per share
Range for multiple executions included in the sale
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale
3 terms
Rule 10b5-1 trading plan regulatory
"The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 2, 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.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Evommune (EVMN) CEO Luis C. Pena report?
Evommune President & CEO Luis C. Pena reported an open-market sale of 16,787 shares of common stock. The Form 4 shows this was a planned transaction executed under a Rule 10b5-1 trading plan, rather than a discretionary one-time trade.
When did the Evommune (EVMN) CEO’s latest stock sale occur?
The stock sale by Evommune CEO Luis C. Pena occurred on June 1, 2026. This date is listed as the transaction date on the Form 4 and applies to the full 16,787-share open-market sale of common stock reported.
Was the Evommune (EVMN) CEO’s stock sale under a Rule 10b5-1 plan?
Yes. The Form 4 footnotes state the transactions were executed under a Rule 10b5-1 trading plan adopted on March 2, 2026. Such plans are pre-arranged trading programs that schedule trades in advance, reducing the role of day-to-day discretion.
What does the weighted average price mean in the Evommune (EVMN) Form 4?
The reported $22.74 weighted average price reflects multiple trade executions between $22.50 and $23.34. The filing explains that individual trades occurred at different prices within this range and that detailed breakdowns are available to investors upon request.