STOCK TITAN

[Form 4] Halozyme Therapeutics, Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Helen Torley, President and CEO and a director of Halozyme Therapeutics (HALO), exercised a total of 60,000 stock options at an $8.11 exercise price and concurrently sold the resulting 60,000 common shares over three days. The sales were executed at weighted-average prices reported in ranges between $62.54 and $64.96 per share, and the Form reports 733,719 shares beneficially owned by the reporting person following these transactions.

The filings state the transactions were made under a written Rule 10b5-1 trading plan adopted March 21, 2025, and that the sold shares were acquired upon exercise of options with ten-year terms expiring in February 2026. The underlying options were originally granted February 3, 2016, with a four-year vesting schedule.

Helen Torley, Presidente e CEO e membro del consiglio di Halozyme Therapeutics (HALO), ha esercitato in totale 60.000 opzioni su azioni al prezzo di esercizio di $8,11 e, contemporaneamente, ha venduto le 60.000 azioni ordinarie risultanti nell'arco di tre giorni. Le vendite sono state eseguite a prezzi medi ponderati riportati in intervalli tra $62,54 e $64,96 per azione, e il modulo segnala che la persona che ha presentato la comunicazione deteneva 733.719 azioni a titolo beneficiario dopo queste operazioni.

Le dichiarazioni indicano che le operazioni sono state effettuate nell'ambito di un piano di trading ai sensi della Rule 10b5-1 scritto, adottato il 21 marzo 2025, e che le azioni vendute erano state acquisite mediante esercizio di opzioni con scadenza decennale a febbraio 2026. Le opzioni sottostanti erano state originariamente assegnate il 3 febbraio 2016, con un periodo di maturazione (vesting) di quattro anni.

Helen Torley, presidenta y CEO y directora de Halozyme Therapeutics (HALO), ejerció un total de 60.000 opciones sobre acciones a un precio de ejercicio de $8,11 y, simultáneamente, vendió las 60.000 acciones ordinarias resultantes a lo largo de tres días. Las ventas se realizaron a precios medios ponderados reportados en rangos entre $62,54 y $64,96 por acción, y el formulario informa que la persona que presentó la notificación poseía 733.719 acciones a título beneficiario tras estas operaciones.

Los documentos indican que las transacciones se realizaron conforme a un plan de negociación Rule 10b5-1 por escrito adoptado el 21 de marzo de 2025, y que las acciones vendidas se adquirieron al ejercer opciones con vencimiento a diez años en febrero de 2026. Las opciones subyacentes se concedieron originalmente el 3 de febrero de 2016, con un calendario de consolidación (vesting) de cuatro años.

헬렌 토클리(Helen Torley)는 Halozyme Therapeutics(HALO)의 사장 겸 CEO이자 이사로서 총 60,000주 옵션을 행사가격 $8.11에 행사하고, 그 결과 취득한 60,000주의 보통주를 사흘에 걸쳐 매도했습니다. 매도는 주당 $62.54~$64.96 범위로 보고된 가중평균 가격으로 이루어졌으며, 해당 보고서에는 이 거래 이후 보고인의 명의로 733,719주를 실질적으로 보유하고 있다고 기재되어 있습니다.

신고서에는 이 거래들이 2025년 3월 21일 채택된 서면 Rule 10b5-1 거래계획에 따라 이루어졌으며, 매도한 주식은 2026년 2월에 만료되는 10년 기한의 옵션 행사로 취득한 것이라고 명시되어 있습니다. 기초 옵션은 2016년 2월 3일에 최초로 부여되었고, 4년의 베스팅(권리확정) 일정이 적용되었습니다.

Helen Torley, présidente-directrice générale et administratrice de Halozyme Therapeutics (HALO), a exercé au total 60 000 options d'achat d'actions au prix d'exercice de 8,11 $ et a simultanément vendu les 60 000 actions ordinaires résultantes sur trois jours. Les ventes ont été réalisées à des prix moyens pondérés rapportés dans des fourchettes comprises entre 62,54 $ et 64,96 $ par action, et le formulaire indique que la personne déclarée détenait 733 719 actions à titre bénéficiaire après ces opérations.

Les documents indiquent que les opérations ont été effectuées dans le cadre d'un plan de négociation Rule 10b5-1 écrit adopté le 21 mars 2025, et que les actions vendues avaient été acquises lors de l'exercice d'options d'une durée de dix ans expirant en février 2026. Les options sous-jacentes avaient été initialement accordées le 3 février 2016, avec un calendrier d'acquisition (vesting) sur quatre ans.

Helen Torley, Präsidentin und CEO sowie Direktorin von Halozyme Therapeutics (HALO), übte insgesamt 60.000 Aktienoptionen zum Ausübungspreis von $8,11 aus und verkaufte gleichzeitig die daraus resultierenden 60.000 Stammaktien über drei Tage. Die Verkäufe wurden zu gemeldeten, gewogenen Durchschnittspreisen in Spannen zwischen $62,54 und $64,96 pro Aktie durchgeführt, und das Formular gibt an, dass die meldende Person nach diesen Transaktionen 733.719 Aktien wirtschaftlich besitzt.

Die Unterlagen geben an, dass die Transaktionen im Rahmen eines schriftlichen Rule-10b5-1-Handelsplans getätigt wurden, der am 21. März 2025 angenommen wurde, und dass die verkauften Aktien beim Ausüben von Optionen mit einer zehnjährigen Laufzeit, die im Februar 2026 enden, erworben wurden. Die zugrunde liegenden Optionen wurden ursprünglich am 3. Februar 2016 gewährt und unterlagen einem vierjährigen Vesting-Zeitplan.

Positive
  • Trades executed under a Rule 10b5-1 plan, indicating pre-established, documented trading intent
  • Reporting person retains substantial ownership with 733,719 shares beneficially owned after the transactions
Negative
  • None.

Insights

TL;DR: Insider exercised and sold 60,000 shares under a pre-established plan; remaining ownership remains sizable at 733,719 shares.

The reporting shows sequential exercises of 20,000 options on each of three days at an $8.11 strike, immediately followed by sales of the same 20,000-share blocks at weighted-average prices within the $62.54–$64.96 range. Net effect: the CEO realized proceeds from option exercise and sale while ending with 733,719 shares beneficially owned. Transactions were executed under a documented 10b5-1 plan, which typically reduces the likelihood of opportunistic timing concerns. Overall, the activity is routine and not immediately material to Halozyme’s capital structure.

TL;DR: Trades were pre-planned under a Rule 10b5-1 plan; disclosure is complete and includes price ranges and option grant details.

The Form discloses that the sales were made pursuant to a written trading plan adopted March 21, 2025, and that the shares sold derived from option exercises of grants dated February 3, 2016. The filing includes explicit weighted-average price ranges for each sale block and shows post-transaction beneficial ownership of 733,719 shares. From a governance perspective, the documentation and level of disclosure align with standard compliance practices for insider transactions.

Helen Torley, Presidente e CEO e membro del consiglio di Halozyme Therapeutics (HALO), ha esercitato in totale 60.000 opzioni su azioni al prezzo di esercizio di $8,11 e, contemporaneamente, ha venduto le 60.000 azioni ordinarie risultanti nell'arco di tre giorni. Le vendite sono state eseguite a prezzi medi ponderati riportati in intervalli tra $62,54 e $64,96 per azione, e il modulo segnala che la persona che ha presentato la comunicazione deteneva 733.719 azioni a titolo beneficiario dopo queste operazioni.

Le dichiarazioni indicano che le operazioni sono state effettuate nell'ambito di un piano di trading ai sensi della Rule 10b5-1 scritto, adottato il 21 marzo 2025, e che le azioni vendute erano state acquisite mediante esercizio di opzioni con scadenza decennale a febbraio 2026. Le opzioni sottostanti erano state originariamente assegnate il 3 febbraio 2016, con un periodo di maturazione (vesting) di quattro anni.

Helen Torley, presidenta y CEO y directora de Halozyme Therapeutics (HALO), ejerció un total de 60.000 opciones sobre acciones a un precio de ejercicio de $8,11 y, simultáneamente, vendió las 60.000 acciones ordinarias resultantes a lo largo de tres días. Las ventas se realizaron a precios medios ponderados reportados en rangos entre $62,54 y $64,96 por acción, y el formulario informa que la persona que presentó la notificación poseía 733.719 acciones a título beneficiario tras estas operaciones.

Los documentos indican que las transacciones se realizaron conforme a un plan de negociación Rule 10b5-1 por escrito adoptado el 21 de marzo de 2025, y que las acciones vendidas se adquirieron al ejercer opciones con vencimiento a diez años en febrero de 2026. Las opciones subyacentes se concedieron originalmente el 3 de febrero de 2016, con un calendario de consolidación (vesting) de cuatro años.

헬렌 토클리(Helen Torley)는 Halozyme Therapeutics(HALO)의 사장 겸 CEO이자 이사로서 총 60,000주 옵션을 행사가격 $8.11에 행사하고, 그 결과 취득한 60,000주의 보통주를 사흘에 걸쳐 매도했습니다. 매도는 주당 $62.54~$64.96 범위로 보고된 가중평균 가격으로 이루어졌으며, 해당 보고서에는 이 거래 이후 보고인의 명의로 733,719주를 실질적으로 보유하고 있다고 기재되어 있습니다.

신고서에는 이 거래들이 2025년 3월 21일 채택된 서면 Rule 10b5-1 거래계획에 따라 이루어졌으며, 매도한 주식은 2026년 2월에 만료되는 10년 기한의 옵션 행사로 취득한 것이라고 명시되어 있습니다. 기초 옵션은 2016년 2월 3일에 최초로 부여되었고, 4년의 베스팅(권리확정) 일정이 적용되었습니다.

Helen Torley, présidente-directrice générale et administratrice de Halozyme Therapeutics (HALO), a exercé au total 60 000 options d'achat d'actions au prix d'exercice de 8,11 $ et a simultanément vendu les 60 000 actions ordinaires résultantes sur trois jours. Les ventes ont été réalisées à des prix moyens pondérés rapportés dans des fourchettes comprises entre 62,54 $ et 64,96 $ par action, et le formulaire indique que la personne déclarée détenait 733 719 actions à titre bénéficiaire après ces opérations.

Les documents indiquent que les opérations ont été effectuées dans le cadre d'un plan de négociation Rule 10b5-1 écrit adopté le 21 mars 2025, et que les actions vendues avaient été acquises lors de l'exercice d'options d'une durée de dix ans expirant en février 2026. Les options sous-jacentes avaient été initialement accordées le 3 février 2016, avec un calendrier d'acquisition (vesting) sur quatre ans.

Helen Torley, Präsidentin und CEO sowie Direktorin von Halozyme Therapeutics (HALO), übte insgesamt 60.000 Aktienoptionen zum Ausübungspreis von $8,11 aus und verkaufte gleichzeitig die daraus resultierenden 60.000 Stammaktien über drei Tage. Die Verkäufe wurden zu gemeldeten, gewogenen Durchschnittspreisen in Spannen zwischen $62,54 und $64,96 pro Aktie durchgeführt, und das Formular gibt an, dass die meldende Person nach diesen Transaktionen 733.719 Aktien wirtschaftlich besitzt.

Die Unterlagen geben an, dass die Transaktionen im Rahmen eines schriftlichen Rule-10b5-1-Handelsplans getätigt wurden, der am 21. März 2025 angenommen wurde, und dass die verkauften Aktien beim Ausüben von Optionen mit einer zehnjährigen Laufzeit, die im Februar 2026 enden, erworben wurden. Die zugrunde liegenden Optionen wurden ursprünglich am 3. Februar 2016 gewährt und unterlagen einem vierjährigen Vesting-Zeitplan.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Torley Helen

(Last) (First) (Middle)
C/O HALOZYME THERAPEUTICS, INC.
12390 EL CAMINO REAL

(Street)
SAN DIEGO CA 92130

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HALOZYME THERAPEUTICS, INC. [ HALO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
PRESIDENT AND CEO
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/11/2025 M(1) 20,000 A $8.11 753,719 D
Common Stock 08/11/2025 S(1) 18,717 D $63.008(2) 735,002 D
Common Stock 08/11/2025 S(1) 1,283 D $63.598(3) 733,719 D
Common Stock 08/12/2025 M(1) 20,000 A $8.11 753,719 D
Common Stock 08/12/2025 S(1) 13,042 D $63.242(4) 740,677 D
Common Stock 08/12/2025 S(1) 6,958 D $64.001(5) 733,719 D
Common Stock 08/13/2025 M(1) 20,000 A $8.11 753,719 D
Common Stock 08/13/2025 S(1) 14,948 D $64.145(6) 738,771 D
Common Stock 08/13/2025 S(1) 5,052 D $64.828(7) 733,719 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to Purchase Common Stock $8.11 08/11/2025 M(1) 20,000 (8) 02/03/2026 Common Stock 20,000 $8.11 236,569 D
Option to Purchase Common Stock $8.11 08/12/2025 M(1) 20,000 (8) 02/03/2026 Common Stock 20,000 $8.11 216,569 D
Option to Purchase Common Stock $8.11 08/13/2025 M(1) 20,000 (8) 02/03/2026 Common Stock 20,000 $8.11 196,569 D
Explanation of Responses:
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 less than one year in February 2026.
2. Represents a weighted average sales price per share. The shares were sold at prices ranging from $62.54 to $63.53. 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.
3. Represents a weighted average sales price per share. The shares were sold at prices ranging from $63.54 to $63.63. 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.
4. Represents a weighted average sales price per share. The shares were sold at prices ranging from $62.68 to $63.67. 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.
5. Represents a weighted average sales price per share. The shares were sold at prices ranging from $63.745 to $64.24. 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.
6. Represents a weighted average sales price per share. The shares were sold at prices ranging from $63.70 to $64.69. 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.
7. Represents a weighted average sales price per share. The shares were sold at prices ranging from $64.70 to $64.96. 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.
8. 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 3, 2016.
/s/ James R. Oehler, Attorney-in-Fact 08/13/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who reported the insider transactions for HALO?

Helen Torley, President and CEO and a director of Halozyme Therapeutics, is the reporting person.

How many options were exercised and at what strike price?

A total of 60,000 options were exercised at a strike price of $8.11 per share.

How many shares were sold and at what prices?

60,000 common shares were sold over three days at weighted-average prices within reported ranges from $62.54 to $64.96 per share.

Were the sales part of a 10b5-1 trading plan?

Yes. The Form states the transactions were made pursuant to a written Rule 10b5-1 plan adopted March 21, 2025.

What is the reporting person's ownership after these transactions?

The filing reports 733,719 shares beneficially owned following the reported transactions.
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Biotechnology
Biological Products, (no Disgnostic Substances)
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United States
SAN DIEGO