4D Molecular Therapeutics (NASDAQ: FDMT) legal chief sells 3,270 shares
Rhea-AI Filing Summary
4D Molecular Therapeutics, Inc. executive Scott Bizily, Chief Legal Officer, reported paired option exercises and stock sales in FDMT. On August 13, 2026 and August 17, 2026, Bizily exercised stock options covering 1,635 shares of common stock on each date at an exercise price of $4.14 per share, converting a total of 3,270 stock option rights into common shares. On each of those dates, he then sold 1,635 shares of common stock in open-market or private transactions at per-share prices of $12.00 and $12.20, respectively. These sales were made pursuant to a Rule 10b5-1 trading plan adopted on January 13, 2026. The exercised options relate to an award that vests monthly, with 1/48th of the underlying shares vesting each month starting on March 6, 2025 until fully vested on the fourth anniversary, while Bizily remains a service provider.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F2 | 1,635 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,635 | $4.14 | $7K |
| Sale | Common Stock F1 | 1,635 | $12.20 | $20K |
| Exercise | Stock Option (Right to Buy) F2 | 1,635 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,635 | $4.14 | $7K |
| Sale | Common Stock F1 | 1,635 | $12.00 | $20K |
Footnotes (2)
- F1. Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on January 13, 2026.
- F2. The shares underlying the stock option award shall vest and become exercisable as to 1/48th of the underlying shares on each monthly anniversary of March 6, 2025 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date, while the grantee remains a service provider to the Company.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
Stock Option (Right to Buy financial
Vesting Commencement Date financial
service provider other
FAQ
What did FDMT executive Scott Bizily report in this Form 4?
What stock options did Scott Bizily exercise in FDMT according to this Form 4?
Were Scott Bizily’s FDMT stock sales under a Rule 10b5-1 plan?
How do Scott Bizily’s FDMT stock options vest?
What is the expiration date of Scott Bizily’s exercised FDMT stock options?
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