ImmunityBio (IBRX) director trades 131K shares, exercises 55,979 options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ImmunityBio, Inc. director Cheryl Cohen reported an exercise-and-sale transaction involving the company’s common stock. On 2026-07-02, she sold 131,210 shares in an open‑market transaction at a weighted average price of $9.5034 per share, under a pre‑arranged Rule 10b5-1 trading plan.
On the same date, Cohen exercised stock options to acquire 55,979 common shares at an exercise price of $2.98 per share, reducing her option position while increasing her direct shareholdings before the sale. Following these transactions, she directly holds 125,386 common shares and 111,958 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 131,210 shares ($1,246,941)
Net Sell
3 txns
Insider
Cohen Cheryl
Role
null
Sold
131,210 shs ($1.25M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 55,979 | $0.00 | -- |
| Exercise | Common Stock | 55,979 | $2.98 | $167K |
| Sale | Common Stock | 131,210 | $9.5034 | $1.25M |
Holdings After Transaction:
Stock Option (right to buy) — 111,958 shares (Direct, null);
Common Stock — 256,596 shares (Direct, null)
Footnotes (1)
- The sale of shares reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on February 27, 2026. Represents the weighted average share price of an aggregate total of 131,210 shares sold in the price range of $9.50 to $9.52 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.
Key Figures
Shares sold: 131,210 shares
Sale price: $9.5034 per share
Options exercised: 55,979 shares
+4 more
7 metrics
Shares sold
131,210 shares
Open-market sale of common stock on July 2, 2026
Sale price
$9.5034 per share
Weighted average sale price, trades between $9.50 and $9.52
Options exercised
55,979 shares
Common stock acquired via option exercise on July 2, 2026
Option exercise price
$2.98 per share
Stock option (right to buy) exercise price
Shares held after
125,386 shares
Direct ImmunityBio common stock holding after transactions
Remaining options
111,958 options
Stock options outstanding after exercise, expiring June 14, 2032
10b5-1 plan date
February 27, 2026
Date Rule 10b5-1 trading plan was entered into
Key Terms
Rule 10b5-1 trading plan, open-market sale, Stock Option (right to buy), weighted average share price, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sale of shares reported ... was effected pursuant to a Rule 10b5-1 trading plan entered into..."
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.
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.
Stock Option (right to buy) financial
""security_title": "Stock Option (right to buy)""
derivative exercise/conversion financial
""transaction_action": "derivative exercise/conversion""
FAQ
What insider transactions did ImmunityBio (IBRX) director Cheryl Cohen report?
Cheryl Cohen reported an exercise-and-sale transaction. She exercised options for 55,979 ImmunityBio shares at $2.98, then sold 131,210 shares in open-market trades at a weighted average price of $9.5034, all on July 2, 2026, under a Rule 10b5-1 plan.
Were Cheryl Cohen’s ImmunityBio (IBRX) stock sales pre-planned?
Yes. The filing states the 131,210-share sale was executed under a Rule 10b5-1 trading plan entered into on February 27, 2026. Such plans schedule trades in advance, indicating the timing of sales was pre-arranged rather than a spontaneous market decision.
What stock options did Cheryl Cohen exercise for ImmunityBio (IBRX)?
Cohen exercised stock options covering 55,979 ImmunityBio shares at an exercise price of $2.98 per share. These options, originally exercisable from June 12, 2023 and expiring June 14, 2032, converted into common stock as part of her July 2, 2026 transactions.
What is the nature of Cheryl Cohen’s remaining ImmunityBio (IBRX) option position?
Following the option exercise, Cohen holds 111,958 remaining stock options, each with a $2.98 exercise price and a June 14, 2032 expiration. These options represent rights to buy additional ImmunityBio shares, potentially expanding her equity stake if she chooses to exercise them later.