EXAS insider files Form 144 to sell 2,000 shares valued $120,000
Rhea-AI Filing Summary
Exact Sciences (EXAS) filing a Form 144 notifies a proposed sale of 2,000 common shares held by an insider through Fidelity Brokerage Services LLC with an aggregate market value of $120,000.00. The shares represent part of outstanding common stock of 189,319,110 shares and the planned approximate sale date is 10/09/2025 on NASDAQ. The filer reports the shares were acquired on 03/17/2022 via a stock option exercise and paid in cash.
The filing also discloses a sale of 1,485 shares on 08/13/2025 that generated gross proceeds of $62,399.70. The notice includes the standard representation that the seller does not possess undisclosed material adverse information and references Rule 10b5-1 timing language if applicable.
Positive
- None.
Negative
- None.
Insights
Insider intends to sell a small block of 2,000 EXAS shares; prior small sale on 08/13/2025 noted.
The filing shows the insider acquired the shares by stock option exercise on 03/17/2022 and plans to sell 2,000 shares via Fidelity with an indicated aggregate market value of $120,000.00 and a planned sale date of 10/09/2025. A prior disposition of 1,485 shares on 08/13/2025 produced $62,399.70 in gross proceeds.
The transaction size is small relative to total shares outstanding (189,319,110), reducing direct market impact; primary dependency is timely execution on 10/09/2025. Monitor filings for any additional insider sales or a Rule 10b5-1 adoption date if provided, which would clarify whether sales follow a pre-established plan.
FAQ
What transaction does Exact Sciences (EXAS) report on Form 144?
What statement does the seller make about material nonpublic information?