Monte Rosa Therapeutics (GLUE) CSO sells 6,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Monte Rosa Therapeutics Chief Scientific Officer Sharon Townson reported a small, routine option exercise and share sale. She exercised stock options to acquire 6,000 shares of common stock at $6.14 per share, then sold 6,000 shares in an open-market transaction at a weighted average price of $19.87 per share.
The filing states these trades were made under a pre-arranged Rule 10b5-1 trading plan adopted on February 27, 2026. After the sale, Townson directly holds 67,845 shares of common stock and 209,290 stock options following the derivative transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 6,000 shares ($119,220)
Net Sell
3 txns
Insider
Townson Sharon
Role
Chief Scientific Officer
Sold
6,000 shs ($119K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 6,000 | $0.00 | -- |
| Exercise | Common Stock | 6,000 | $6.14 | $37K |
| Sale | Common Stock | 6,000 | $19.87 | $119K |
Holdings After Transaction:
Stock Option (Right to Buy) — 209,290 shares (Direct, null);
Common Stock — 73,845 shares (Direct, null)
Footnotes (1)
- These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 27, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.74 to $20.00, 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. This option is fully vested and exercisable.
Key Figures
Shares sold: 6,000 shares
Sale price: $19.87 per share
Options exercised: 6,000 shares
+3 more
6 metrics
Shares sold
6,000 shares
Common stock sold in open-market transaction on May 29, 2026
Sale price
$19.87 per share
Weighted average price for 6,000 shares sold; trades from $19.74–$20.00
Options exercised
6,000 shares
Common shares acquired via stock option exercise on May 29, 2026
Option exercise price
$6.14 per share
Conversion or exercise price for Stock Option (Right to Buy)
Shares held after sale
67,845 shares
Direct common stock ownership following the reported transactions
Options remaining
209,290 options
Stock Option (Right to Buy) position following the derivative transaction
Key Terms
Rule 10b5-1 trading plan, weighted average price, Stock Option (Right to Buy), open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 27, 2026."
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.
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy) listed as a derivative security with underlying common stock."
open-market sale financial
"transaction_action is described as an open-market sale for the 6,000 common shares."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transactions did Monte Rosa Therapeutics (GLUE) report for Sharon Townson?
Monte Rosa Therapeutics reported that Chief Scientific Officer Sharon Townson exercised options for 6,000 shares at $6.14 and sold 6,000 common shares at a weighted average price of $19.87 on May 29, 2026, according to a Form 4 filing.
At what prices did Sharon Townson trade Monte Rosa Therapeutics (GLUE) stock?
Sharon Townson exercised stock options at an exercise price of $6.14 per share and sold 6,000 Monte Rosa Therapeutics common shares at a weighted average price of $19.87, with individual sale prices ranging from $19.74 to $20.00 per share.
Were Sharon Townson’s Monte Rosa Therapeutics (GLUE) stock sales pre-planned?
Yes. The Form 4 footnotes state that the transactions were effected under a Rule 10b5-1 trading plan adopted on February 27, 2026, indicating the sales were pre-arranged rather than discretionary trades based on short-term market developments.
What type of derivative security did Sharon Townson exercise at Monte Rosa Therapeutics (GLUE)?
She exercised a “Stock Option (Right to Buy)” covering 6,000 underlying shares of Monte Rosa Therapeutics common stock, at a conversion or exercise price of $6.14 per share, as disclosed in the derivative section of the Form 4 filing.