ImmunityBio director sells 75,000 shares in Form 4
ImmunityBio director Barry J. Simon reported an open-market sale of common stock.
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Rhea-AI Filing Summary
ImmunityBio director Barry J. Simon reported an open-market sale of common stock. On this Form 4, he sold 75,000 shares of ImmunityBio, Inc. common stock in an open-market transaction at a weighted average price of $12.0105 per share.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 4, 2024. After this sale, Simon directly holds 2,850,821 shares of ImmunityBio common stock, according to the filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 75,000 | $12.0105 | $901K |
Footnotes (2)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 4, 2024.
- F2. Represents the weighted average share price of an aggregate total of 75,000 shares sold in the price range of $12.00 to $12.025 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Commission staff, ImmunityBio, Inc. (the "Issuer") or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
FAQ
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What insider transaction did ImmunityBio (IBRX) disclose in this Form 4?
Was the ImmunityBio (IBRX) insider sale under a Rule 10b5-1 plan?
Who is the insider involved in this ImmunityBio (IBRX) Form 4 transaction?
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