Monte Rosa (NASDAQ: GLUE) CSO sells 3,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Monte Rosa Therapeutics Chief Scientific Officer Sharon Townson exercised options for 3,000 shares of common stock at $6.14 per share and on the same day sold 3,000 shares at $19.00 per share in an open-market transaction. These trades were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on February 27, 2026. Following the sale, Townson directly holds 67,845 common shares, along with 206,290 stock options that remain outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,000 shares ($57,000)
Net Sell
3 txns
Insider
Townson Sharon
Role
Chief Scientific Officer
Sold
3,000 shs ($57K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 3,000 | $0.00 | -- |
| Exercise | Common Stock | 3,000 | $6.14 | $18K |
| Sale | Common Stock | 3,000 | $19.00 | $57K |
Holdings After Transaction:
Stock Option (Right to Buy) — 206,290 shares (Direct, null);
Common Stock — 70,845 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. This option is fully vested and exercisable.
Key Figures
Shares sold: 3,000 shares
Sale price: $19.00 per share
Options exercised: 3,000 shares
+3 more
6 metrics
Shares sold
3,000 shares
Open-market sale of common stock on June 17, 2026
Sale price
$19.00 per share
Price for 3,000 common shares sold
Options exercised
3,000 shares
Stock options converted into common shares on June 17, 2026
Option exercise price
$6.14 per share
Strike price for exercised stock options
Common shares held after
67,845 shares
Direct non-derivative holdings following transactions
Options outstanding after
206,290 options
Derivative holdings following reported exercise
Key Terms
Rule 10b5-1 trading plan, open-market sale, derivative exercise/conversion, Stock Option (Right to Buy), +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 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.
open-market sale financial
"transaction_action: "open-market sale" for the 3,000-share common stock 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.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" describes the option exercises reported."
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)" for the derivative security exercised."
fully vested and exercisable financial
"This option is fully vested and exercisable."
FAQ
What did Monte Rosa Therapeutics (GLUE) CSO Sharon Townson do in this Form 4?
Sharon Townson exercised stock options for 3,000 Monte Rosa Therapeutics shares and sold 3,000 shares in an open-market transaction. Both actions occurred on the same date and were part of a disclosed trading plan.
What stock options did the Monte Rosa Therapeutics (GLUE) CSO exercise?
Townson exercised stock options covering 3,000 shares of Monte Rosa Therapeutics common stock at an exercise price of $6.14 per share. The options are fully vested and exercisable, according to the filing footnotes.
Were the GLUE insider transactions made under a Rule 10b5-1 trading plan?
Yes, the filing states these transactions were effected under a Rule 10b5-1 trading plan adopted on February 27, 2026. Such plans pre-schedule trades, making their timing more routine and less discretionary.
What derivative holdings remain for the Monte Rosa Therapeutics (GLUE) CSO?
Following the option exercise, Townson has 206,290 stock options reported as outstanding. These options relate to rights to buy Monte Rosa Therapeutics common stock under previously granted equity awards.