Halozyme (HALO) director sells 1,625 shares in 10b5-1 trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HALOZYME THERAPEUTICS, INC. director Bernadette Connaughton reported open-market sales of a total of 1,625 shares of common stock. The trades were executed at weighted average prices of about $76 to $77 per share across two price ranges.
The sales were made under a pre-arranged written trading plan adopted on May 29, 2025 in accordance with Rule 10b5-1, indicating these transactions were scheduled in advance as part of ongoing portfolio management rather than discretionary timing decisions.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,625 shares ($124,651)
Net Sell
2 txns
Insider
Connaughton Bernadette
Role
null
Sold
1,625 shs ($125K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $76.395 | $76K |
| Sale | Common Stock | 625 | $77.209 | $48K |
Holdings After Transaction:
Common Stock — 42,669 shares (Direct, null)
Footnotes (1)
- The sales reported on this Form 4 were made pursuant to a written trading plan adopted by the Reporting Person on May 29, 2025 in accordance with Rule 10b5-1. Represents a weighted average sales price per share. The shares were sold at prices ranging from $75.930 to $76.850. 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 $76.950 to $77.710. 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.
Key Figures
Shares sold: 1,625 shares
Weighted average price 1: $76.395/share
Weighted average price 2: $77.209/share
+2 more
5 metrics
Shares sold
1,625 shares
Total common stock sold in two transactions
Weighted average price 1
$76.395/share
First sale tranche weighted average price
Weighted average price 2
$77.209/share
Second sale tranche weighted average price
Price range tranche 1
$75.930–$76.850
Range of individual trade prices in first tranche
Price range tranche 2
$76.950–$77.710
Range of individual trade prices in second tranche
Key Terms
Rule 10b5-1, weighted average sales price per share, open-market sale
3 terms
Rule 10b5-1 regulatory
"written trading plan adopted by the Reporting Person on May 29, 2025 in accordance with Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open-market sale financial
"transaction_action": "open-market sale""
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.
FAQ
Were the HALOZYME (HALO) insider sales made under a 10b5-1 trading plan?
Yes. The filing states the sales were made under a written Rule 10b5-1 trading plan adopted on May 29, 2025. Such plans pre-schedule trades, reducing the significance of day-to-day market timing decisions by the reporting person.
What type of transactions did the HALOZYME (HALO) Form 4 report?
The Form 4 reports two open-market sale transactions in HALOZYME common stock, both coded “S” for sale. These are non-derivative trades, meaning they involve direct share sales rather than options or other derivative securities.