Monte Rosa Therapeutics (NASDAQ: GLUE) COO exercises options and sells 2,175 shares
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 in Common Stock. She exercised stock options for 2,175 shares at $3.98 per share and sold 2,175 shares in an open-market transaction at $20.00 per share.
After these transactions, she directly holds 62,371 shares of Common Stock and 35,649 stock options. The filing notes that the transactions were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on February 19, 2026, indicating a scheduled liquidity event rather than a discretionary trade.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,175 shares ($43,500)
Net Sell
3 txns
Insider
Champoux Jennifer
Role
Chief Operating Officer
Sold
2,175 shs ($44K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 2,175 | $0.00 | -- |
| Exercise | Common Stock | 2,175 | $3.98 | $9K |
| Sale | Common Stock | 2,175 | $20.00 | $44K |
Holdings After Transaction:
Stock Option (Right to Buy) — 35,649 shares (Direct, null);
Common Stock — 64,546 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: 2,175 shares
Sale price: $20.00/share
Shares acquired via option: 2,175 shares
+4 more
7 metrics
Shares sold
2,175 shares
Common Stock open-market sale on May 27, 2026
Sale price
$20.00/share
Price for 2,175 Common Stock shares sold
Shares acquired via option
2,175 shares
Common Stock acquired through option exercise
Option exercise price
$3.98/share
Strike price for exercised stock option
Shares held after transactions
62,371 shares
Direct Common Stock ownership following trades
Options remaining
35,649 options
Stock options outstanding after reported exercise
Option expiration
June 3, 2034
Expiration date of the option grant exercised
Key Terms
Rule 10b5-1 trading plan, open-market sale, Stock Option (Right to Buy), 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.
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.
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy) with underlying security title Common Stock"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
non-derivative financial
"transaction_type: non-derivative for Common Stock entries"
FAQ
What insider transaction did Monte Rosa Therapeutics (GLUE) report for COO Jennifer Champoux?
Monte Rosa Therapeutics reported that COO Jennifer Champoux exercised options for 2,175 shares and sold 2,175 shares of Common Stock. These transactions occurred on May 27, 2026 and were executed under a pre-arranged Rule 10b5-1 trading plan.
What stock options did the Monte Rosa Therapeutics (GLUE) COO exercise in this Form 4?
Jennifer Champoux exercised stock options covering 2,175 shares of Monte Rosa Therapeutics Common Stock at an exercise price of $3.98 per share. These options are part of a grant that began vesting in May 2025 and expire on June 3, 2034.
Were the Monte Rosa Therapeutics (GLUE) insider transactions made under a Rule 10b5-1 trading plan?
Yes. The Form 4 footnotes state that the reported transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Jennifer Champoux on February 19, 2026. Such plans pre-schedule trades, reducing the significance of short-term market timing.
When do the Monte Rosa Therapeutics (GLUE) COO’s exercised options expire?
The stock options involved in the reported exercise expire on June 3, 2034. According to the footnotes, 25% vested on May 28, 2025 and the remainder vests in 36 substantially equal monthly installments, subject to continued service.