Generate Biomedicines director sells 1,000 shares
Director Frances Arnold reports a small planned sale of GENB shares while retaining sizeable direct and trust-related holdings.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Generate Biomedicines, Inc. (GENB) director Frances Arnold reported a sale of 1,000 shares of common stock on September 1, 2026 at a weighted average price of $16.002 per share, effected under a Rule 10b5-1 trading plan adopted on March 13, 2026. After this sale, she holds 231,472 shares directly and an additional 232,472 shares are held indirectly by The Frances Arnold 2010 Irrevocable Trust, for which she disclaims beneficial ownership except to the extent of any pecuniary interest.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,000 | $16.002 | $16K |
| holding | Common Stock F3 | -- | -- | -- |
Footnotes (3)
- F1. These transactions were effected by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2026.
- F2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $16.00 to $16.01 per share, 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 shares sold at each separate price within the range set forth in this footnote.
- F3. The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of her pecuniary interest therein, if any. This report shall not be deemed an admission that she is a beneficial owner of such shares for the purpose of Section 16 of the Exchange Act, or for any other purpose.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average price financial
beneficial ownership regulatory
pecuniary interest financial
indirect ownership financial
FAQ
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What insider transaction did GENB director Frances Arnold report?
Was the GENB stock sale by Frances Arnold under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.