Structure Therapeutics (GPCR) CSO sells 3,939 ADS after option exercise
Rhea-AI Filing Summary
Structure Therapeutics chief scientific officer Xichen Lin exercised options for 11,817 Ordinary Shares at $0.34 per share on August 4, 2026, converted them into 3,939 American Depositary Shares, and sold all ADS in two trades at weighted average prices of $49.2857 and $50.0290 pursuant to a Rule 10b5-1 trading plan entered into on March 26, 2026. Following this partial exercise, a share option over 154,715 Ordinary Shares remains outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
15,756 shares exercised/converted
Exercise
6 txns
Insider
Lin Xichen
Role
CHIEF SCIENTIFIC OFFICER
Sold
3,939 shs ($195K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Share Option (right to buy) F1, F3, F4 | 11,817 | $0.00 | $0.00 |
| Conversion | American Depositary Shares F5, F6 | 3,939 | $0.00 | $0.00 |
| Sale | American Depositary Shares F5, F7, F8, F9 | 3,100 | $49.2857 | $153K |
| Sale | American Depositary Shares F5, F7, F8, F10 | 839 | $50.029 | $42K |
| Exercise | Ordinary Shares F1 | 11,817 | $0.34 | $4K |
| Conversion | Ordinary Shares F2 | 11,817 | $0.00 | $0.00 |
Holdings After Transaction:
Share Option (right to buy) — 154,715 shares (Direct);
American Depositary Shares — 0 shares (Direct);
Ordinary Shares — 228,960 shares (Direct)
Footnotes (10)
- F1. Reflects price per share in Ordinary Shares.
- F2. The Ordinary Shares were converted into American Depositary Shares as reported in Table II.
- F3. 1/4 of the Ordinary Shares vested one year after July 22, 2019 (the "Vesting Commencement Date"); the balance of the Ordinary Shares vested in a series of 36 successive equal monthly installments measured from the first anniversary of the Vesting Commencement Date.
- F4. This reflects the number of Ordinary Shares remaining under the share option following the partial exercise of the share option for 11,817 Ordinary Shares.
- F5. Each American Depositary Share is convertible at any time, at the holder's election, into three Ordinary Shares of the Issuer. The American Depositary Shares have no expiration date.
- F6. 11,817 Ordinary Shares, which were acquired upon exercise of a share option, were converted into 3,939 American Depositary Shares.
- F7. The American Depositary Shares were sold pursuant to a Rule 10b5-1 trading plan entered into on March 26, 2026.
- F8. Reflects price per share in American Depositary Shares.
- F9. The weighted average sale price for the transaction reported was $49.2857 and the range of prices were between $48.66 and $49.65. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of American Depositary Shares sold at each price will be provided.
- F10. The weighted average sale price for the transaction reported was $50.0290, and the range of prices were between $49.69 and $50.33. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of American Depositary Shares sold at each price will be provided.
Key Figures
Options exercised: 11,817 Ordinary Shares
Exercise price: $0.34 per Ordinary Share
ADS converted: 3,939 American Depositary Shares
+4 more
7 metrics
Options exercised
11,817 Ordinary Shares
Shares acquired on 2026-08-04 upon option exercise at $0.34 per share
Exercise price
$0.34 per Ordinary Share
Conversion or exercise price for the share option exercised on 2026-08-04
ADS converted
3,939 American Depositary Shares
ADS received by converting 11,817 Ordinary Shares on 2026-08-04
ADS sold (block 1)
3,100 American Depositary Shares
Sold at weighted average price $49.2857 per ADS on 2026-08-04
ADS sold (block 2)
839 American Depositary Shares
Sold at weighted average price $50.0290 per ADS on 2026-08-04
Options remaining
154,715 Ordinary Shares
Ordinary Shares remaining under the share option after partial exercise
ADS conversion ratio
3 Ordinary Shares per ADS
Each American Depositary Share is convertible into three Ordinary Shares
Key Terms
American Depositary Shares, Rule 10b5-1 trading plan, share option, Vesting Commencement Date, +1 more
5 terms
Rule 10b5-1 trading plan financial
"The American Depositary Shares were sold pursuant to a Rule 10b5-1 trading plan"
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.
Vesting Commencement Date financial
"1/4 of the Ordinary Shares vested one year after July 22, 2019, the Vesting Commencement Date"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
weighted average sale price financial
"The weighted average sale price for the transaction reported was $49.2857"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Structure Therapeutics (GPCR) report for Xichen Lin?
Structure Therapeutics reported that CSO Xichen Lin exercised 11,817 options at $0.34 per Ordinary Share, converted them into 3,939 ADS, and sold all ADS in two trades on August 4, 2026 under a Rule 10b5-1 plan.
How many Structure Therapeutics (GPCR) ADS did Xichen Lin sell and at what prices?
Xichen Lin sold 3,100 ADS at a weighted average price of $49.2857 and 839 ADS at a weighted average price of $50.0290. All 3,939 ADS sold came from the same option exercise and share conversion.
Were the GPCR insider sales by Xichen Lin under a Rule 10b5-1 trading plan?
Yes. The filing and related footnotes state that the American Depositary Shares were sold pursuant to a Rule 10b5-1 trading plan entered into on March 26, 2026, and the form’s Rule 10b5-1 checkbox is marked true.
What options remain for Structure Therapeutics (GPCR) CSO Xichen Lin after these trades?
After partially exercising a share option for 11,817 Ordinary Shares, Xichen Lin still holds an option over 154,715 Ordinary Shares. A footnote explains this is the number of Ordinary Shares remaining under the option following the partial exercise.
What vesting terms applied to the Structure Therapeutics (GPCR) options exercised by Xichen Lin?
The exercised share option vested 25% one year after the July 22, 2019 vesting commencement date, with the remaining 75% vesting in 36 equal monthly installments starting from that first anniversary, according to the footnote description.