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.
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.
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Insider Trade Summary 10b5-1
Net Seller: 1,000 shares
Net Sell
2 txns
Insider
ARNOLD FRANCES
Role
Director
Sold
1,000 shs ($16K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,000 | $16.002 | $16K |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 231,472 shares (Direct);
Common Stock — 232,472 shares (Indirect, By The Frances Arnold 2010 Irrevocable Trust)
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
Shares sold: 1,000 shares
Weighted average sale price: $16.002 per share
Sale price range: $16.00–$16.01 per share
+3 more
6 metrics
Shares sold
1,000 shares
Common Stock sale on September 1, 2026
Weighted average sale price
$16.002 per share
Sale of 1,000 shares on September 1, 2026
Sale price range
$16.00–$16.01 per share
Multiple transactions comprising the 1,000-share sale
Direct holdings after transaction
231,472 shares
Common Stock held directly by Frances Arnold after the sale
Indirect holdings via trust
232,472 shares
Common Stock held by The Frances Arnold 2010 Irrevocable Trust
Rule 10b5-1 plan adoption date
March 13, 2026
Trading plan under which the September 1, 2026 sale was effected
Key Terms
Rule 10b5-1 trading plan, weighted average price, beneficial ownership, pecuniary interest, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"transactions were effected by the Reporting Person pursuant to a Rule 10b5-1 trading plan"
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.
beneficial ownership regulatory
"The Reporting Person disclaims beneficial ownership of such shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of her pecuniary interest therein, if any."
indirect ownership financial
"indirectly by The Frances Arnold 2010 Irrevocable Trust"
FAQ
What insider transaction did GENB director Frances Arnold report?
Frances Arnold reported a sale of 1,000 shares of Generate Biomedicines common stock on September 1, 2026 at a weighted average price of $16.002 per share, with trades occurring between $16.00 and $16.01 per share.
Was the GENB stock sale by Frances Arnold under a Rule 10b5-1 plan?
Yes. The filing states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Frances Arnold on March 13, 2026, indicating the trades were pre-arranged under that plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.