COO of Monte Rosa (NASDAQ: GLUE) sells 2,176 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Monte Rosa Therapeutics Chief Operating Officer Jennifer Champoux reported an option exercise and related share sale under a pre-arranged plan. She exercised stock options for 2,176 shares of common stock at $3.98 per share and sold 2,176 shares in an open-market transaction at $19.00 per share, all on June 17, 2026 pursuant to a Rule 10b5-1 trading plan adopted on February 19, 2026. Following these transactions, she directly owns 62,371 common shares and holds 33,473 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,176 shares ($41,344)
Net Sell
3 txns
Insider
Champoux Jennifer
Role
Chief Operating Officer
Sold
2,176 shs ($41K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 2,176 | $0.00 | -- |
| Exercise | Common Stock | 2,176 | $3.98 | $9K |
| Sale | Common Stock | 2,176 | $19.00 | $41K |
Holdings After Transaction:
Stock Option (Right to Buy) — 33,473 shares (Direct, null);
Common Stock — 64,547 shares (Direct, null)
Footnotes (1)
- These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 19, 2026. 25% of this option vested on May 28, 2025, with the remainder vesting in 36 substantially equal monthly installments thereafter, subject to the Reporting Person's continued service on each such vesting date.
Key Figures
Shares sold: 2,176 shares
Sale price: $19.00 per share
Options exercised: 2,176 shares
+4 more
7 metrics
Shares sold
2,176 shares
Open-market sale of common stock on June 17, 2026
Sale price
$19.00 per share
Price for 2,176 common shares sold
Options exercised
2,176 shares
Stock options exercised into common stock
Option exercise price
$3.98 per share
Exercise price for stock options converted
Shares owned after transaction
62,371 shares
Direct common stock holdings post-transaction
Options remaining
33,473 options
Stock Option (Right to Buy) position after exercise
Option expiration date
June 3, 2034
Expiration of Stock Option (Right to Buy)
Key Terms
Rule 10b5-1 trading plan, Stock Option (Right to Buy, open-market sale, Exercise or conversion of derivative security, +1 more
5 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 19, 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.
Stock Option (Right to Buy financial
"Stock Option (Right to Buy), transaction_shares 2176.0000, underlying_security_title Common Stock"
open-market sale financial
"transaction_action open-market sale, transaction_code_description Sale in open market or private transaction"
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.
Exercise or conversion of derivative security financial
"transaction_code_description Exercise or conversion of derivative security"
vesting in 36 substantially equal monthly installments financial
"with the remainder vesting in 36 substantially equal monthly installments thereafter, subject to the Reporting Person's continued service"
FAQ
What did Monte Rosa Therapeutics (GLUE) COO Jennifer Champoux report on this Form 4?
She reported an option exercise and matching share sale. Champoux exercised stock options for 2,176 Monte Rosa common shares at $3.98 each and sold 2,176 shares at $19.00 each, all on June 17, 2026, under a Rule 10b5-1 plan.
What options did the Monte Rosa (GLUE) COO exercise in this filing?
She exercised stock options covering 2,176 shares of common stock at a $3.98 exercise price. These options are part of a grant where 25% vested on May 28, 2025, with the remaining portion vesting in 36 substantially equal monthly installments thereafter.
How many stock options does the Monte Rosa (GLUE) COO retain and when do they expire?
Following the exercise, she retains 33,473 stock options described as “Stock Option (Right to Buy).” These options relate to Monte Rosa common stock and carry an expiration date of June 3, 2034, as shown in the derivative transaction details.