Halozyme (NASDAQ: HALO) CEO sells 50K shares after exercising 50K options
Rhea-AI Filing Summary
HALOZYME THERAPEUTICS, INC. President and CEO Helen Torley reported a series of insider trades in early June 2026. She sold 50,000 shares of common stock in open-market transactions at prices in the mid-to-high $60s per share, according to the Form 4 data.
On the same dates, she exercised 50,000 stock options with an exercise price of $12.07 per share that were due to expire in February 2027. After these transactions, she directly holds 777,780 shares of Halozyme common stock and retains 1,923 options with a $12.07 exercise price expiring in 2027.
The footnotes state that the option exercises and related sales were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on March 21, 2025, indicating the timing of these trades was set in advance.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option to Purchase Common Stock | 10,000 | $12.07 | $121K |
| Exercise | Common Stock | 10,000 | $12.07 | $121K |
| Sale | Common Stock | 400 | $66.368 | $27K |
| Sale | Common Stock | 1,500 | $67.675 | $102K |
| Sale | Common Stock | 2,000 | $68.736 | $137K |
| Sale | Common Stock | 6,100 | $69.692 | $425K |
| Exercise | Option to Purchase Common Stock | 20,000 | $12.07 | $241K |
| Exercise | Common Stock | 20,000 | $12.07 | $241K |
| Sale | Common Stock | 16,600 | $66.314 | $1.10M |
| Sale | Common Stock | 3,400 | $66.745 | $227K |
| Exercise | Option to Purchase Common Stock | 20,000 | $12.07 | $241K |
| Exercise | Common Stock | 20,000 | $12.07 | $241K |
| Sale | Common Stock | 1,610 | $66.388 | $107K |
| Sale | Common Stock | 12,989 | $67.41 | $876K |
| Sale | Common Stock | 5,401 | $68.346 | $369K |
Footnotes (1)
- The options exercised and sales reported on this Form 4 were made pursuant to a written trading plan adopted by the Reporting Person on March 21, 2025 in accordance with Rule 10b5-1. The sales of common shares reported on this Form 4 represent shares that were acquired following exercise of stock options with a ten-year term expiring in February 2027. Represents a weighted average sales price per share. The shares were sold at prices ranging from $65.840 to $66.830. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. Represents a weighted average sales price per share. The shares were sold at prices ranging from $66.840 to $67.830. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. Represents a weighted average sales price per share. The shares were sold at prices ranging from $67.840 to $68.820. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. Represents a weighted average sales price per share. The shares were sold at prices ranging from $65.630 to $66.625. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. Represents a weighted average sales price per share. The shares were sold at prices ranging from $66.630 to $67.180. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. Represents a weighted average sales price per share. The shares were sold at prices ranging from $66.000 to $66.770. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. Represents a weighted average sales price per share. The shares were sold at prices ranging from $67.090 to $68.000. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. Represents a weighted average sales price per share. The shares were sold at prices ranging from $68.100 to $69.080. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. Represents a weighted average sales price per share. The shares were sold at prices ranging from $69.120 to $70.050. The Reporting Person has provided to the issuer, and will provide to any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. Grant to Reporting Person of options, exercisable over a 4-year period measured from the date of grant, 25% after 12 months, then 1/48th of the Option Shares per month thereafter. The date of grant was February 22, 2017.