Monte Rosa (NASDAQ: GLUE) director exercises options, sells 10,000 shares at $23.11
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Monte Rosa Therapeutics director Anthony M. Manning reported an exercise-and-sale transaction in the company’s common stock. He exercised stock options to acquire 10,000 shares of common stock at an exercise price of $4.16 per share, then completed an open-market sale of 10,000 shares at $23.11 per share on the same date.
Following these transactions, his reported direct common stock holdings were 0 shares, while a stock option position for 2,100 shares remained outstanding, with an expiration date in 2034. The filing characterizes the stock transaction as an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($231,100)
Net Sell
3 txns
Insider
Manning Anthony M.
Role
null
Sold
10,000 shs ($231K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 10,000 | $0.00 | -- |
| Exercise | Common Stock | 10,000 | $4.16 | $42K |
| Sale | Common Stock | 10,000 | $23.11 | $231K |
Holdings After Transaction:
Stock Option (Right to Buy) — 2,100 shares (Direct, null);
Common Stock — 10,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 10,000 shares
Sale price: $23.11 per share
Shares exercised: 10,000 shares
+5 more
8 metrics
Shares sold
10,000 shares
Open-market sale of common stock at $23.11 per share
Sale price
$23.11 per share
Price for 10,000 common shares sold
Shares exercised
10,000 shares
Common stock from option exercise at $4.16
Exercise price
$4.16 per share
Conversion or exercise price for stock option
Common shares after transaction
0 shares
Direct common stock holdings reported after transactions
Remaining option position
2,100 shares
Stock option (right to buy) following exercise
Option expiration
2034-06-12
Expiration date of remaining stock option
Net share change
-10,000 shares
Net buy/sell direction reported as net-sell
Key Terms
open-market sale, derivative exercise/conversion, Stock Option (Right to Buy), net-sell
4 terms
open-market sale financial
"Transaction action is described as an open-market sale of common stock."
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.
derivative exercise/conversion financial
"The Form 4 labels the M-code transaction as a derivative exercise/conversion."
Stock Option (Right to Buy) financial
"One transaction involves a Stock Option (Right to Buy) security."
net-sell financial
"The transaction summary reports a net-sell direction of -10,000 shares."
FAQ
What insider transaction did GLUE director Anthony M. Manning report?
Anthony M. Manning reported exercising options and selling common stock. He exercised options for 10,000 Monte Rosa Therapeutics shares at $4.16, then sold 10,000 shares in an open-market transaction at $23.11, leaving no directly held common shares reported.
What are Anthony M. Manning’s GLUE holdings after this Form 4 transaction?
After the reported transactions, his direct common stock holdings were 0 shares. However, a stock option position for 2,100 underlying common shares remained outstanding, with the option scheduled to expire in 2034 according to the reported derivative transaction details.