Structure Therapeutics (GPCR) exec sells 3,939 ADSs under plan
Rhea-AI Filing Summary
Structure Therapeutics Inc. (GPCR) reported insider activity by Chief Scientific Officer Xichen Lin involving option exercises, ADS conversions, and sales on 2026-08-18. Lin exercised options for 11,817 Ordinary Shares at $0.34 per share, which were converted into 3,939 American Depositary Shares (ADSs). All 3,939 ADSs were then sold in three tranches at weighted average prices of $53.133, $54.197, and $55.05 per ADS under a Rule 10b5-1 trading plan adopted on March 26, 2026. Following the partial exercise, 142,898 Ordinary Shares remain subject to the option.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
15,756 shares exercised/converted
Exercise
7 txns
Insider
Lin Xichen
Role
CHIEF SCIENTIFIC OFFICER
Sold
3,939 shs ($211K)
| 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 | 3,020 | $53.133 | $160K |
| Sale | American Depositary Shares F5, F7, F8, F10 | 519 | $54.197 | $28K |
| Sale | American Depositary Shares F5, F7, F8, F11 | 400 | $55.05 | $22K |
| 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) — 142,898 shares (Direct);
American Depositary Shares — 0 shares (Direct);
Ordinary Shares — 228,960 shares (Direct)
Footnotes (11)
- 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 $53.133 and the range of prices were between $52.77 and $53.70. 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 $54.1970, and the range of prices were between $53.80 and $54.7950. 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.
- F11. The weighted average sale price for the transaction reported was $55.05 and the range of prices were between $54.85 and $55.15. 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 Conversion Ratio: 1 ADS : 3 Ordinary Shares
+5 more
8 metrics
Options Exercised
11,817 Ordinary Shares
Shares acquired by Lin on 2026-08-18 through option exercise
Exercise Price
$0.34 per Ordinary Share
Exercise price for the 11,817 Ordinary Shares
ADS Conversion Ratio
1 ADS : 3 Ordinary Shares
Each ADS is convertible into three Ordinary Shares of the issuer
ADSs Sold
3,939 ADSs
Total ADSs sold by Lin on 2026-08-18
Sale Price Tranche 1
$53.133 per ADS
Weighted average price; range $52.77–$53.70 for 3,020 ADSs
Sale Price Tranche 2
$54.1970 per ADS
Weighted average price; range $53.80–$54.7950 for 519 ADSs
Sale Price Tranche 3
$55.05 per ADS
Weighted average price; range $54.85–$55.15 for 400 ADSs
Remaining Option Shares
142,898 Ordinary Shares
Ordinary Shares remaining under the option after partial exercise
Key Terms
Rule 10b5-1 trading plan, American Depositary Shares, Ordinary Shares, Vesting Commencement Date
4 terms
Rule 10b5-1 trading plan regulatory
"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.
FAQ
What insider transactions did GPCR executive Xichen Lin report on August 18, 2026?
Xichen Lin reported exercising options for 11,817 Ordinary Shares, converting them into 3,939 ADSs, and selling all 3,939 ADSs in three transactions on August 18, 2026, while retaining a substantial remaining option position.
Does the GPCR Form 4 indicate a Rule 10b5-1 trading plan for Xichen Lin’s sales?
Yes. The filing indicates the sales of ADSs were made under a Rule 10b5-1 trading plan entered into on March 26, 2026, and the plan-status checkbox is affirmed, indicating pre-arranged trading instructions.
What option position does GPCR’s Xichen Lin retain after these transactions?
After partially exercising his option, Lin still has 142,898 Ordinary Shares remaining under the same share option. The footnotes clarify this balance reflects the position following the 11,817-share partial exercise reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.