Evommune (EVMN) officer exercises options and sells 14,223 shares under 10b5-1 plan
Rhea-AI Filing Summary
Evommune, Inc. executive Gregory S. Moss reported an exercise-and-sale transaction in company stock. He exercised employee stock options for 14,223 shares of common stock at an exercise price of $1.71 per share and sold 14,223 shares in an open-market transaction at a weighted average price of $22.83 per share. These trades were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on February 26, 2026, indicating they were scheduled in advance. Following the transactions, Moss holds 60,835 shares of Evommune common stock directly and an additional 3,175 shares indirectly through a family trust, and he continues to hold 47,845 employee stock options with a $1.71 exercise price expiring in 2034.
Positive
- None.
Negative
- None.
Insights
Routine option exercise-and-sale under a 10b5-1 plan with remaining equity stake.
Chief Business & Legal Officer Gregory S. Moss exercised 14,223 employee stock options at $1.71 per share and sold 14,223 common shares at a weighted average of $22.83. This is a classic exercise-and-sell pattern, converting an option position into cash.
The filing notes that the trades occurred under a pre-arranged Rule 10b5-1 trading plan adopted on February 26, 2026, suggesting they were scheduled rather than opportunistic. After these transactions, Moss still holds 60,835 common shares directly, 3,175 shares via a family trust, and 47,845 remaining options at a $1.71 exercise price expiring in 2034.
This combination of ongoing direct ownership and unexercised options indicates continued equity exposure despite the net share sale. The plan-based nature of the sales and the remaining position make this a routine compensation-related event rather than a clear directional signal.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 14,223 | $0.00 | -- |
| Exercise | Common Stock | 14,223 | $1.71 | $24K |
| Sale | Common Stock | 14,223 | $22.83 | $325K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 26, 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 $23.42 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. The securities are held by a family trust, of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his proportionate pecuniary interest therein. 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.