ICON director sells 3,255 shares after exercise
A director of ICON PLC exercised 3,255 options and sold the resulting shares in a same‑day transaction, leaving no options from that grant outstanding.
Rhea-AI Filing Summary
ICON PLC (ICLR) director Eugene Pacelli McCague exercised stock options for 3,255 Ordinary Shares on September 17, 2026 at an exercise price of $125.74 per share and sold the same 3,255 shares at $175.00 per share the same day. The underlying options were fully vested and, after the exercise, 0 options from this grant remained outstanding.
The company notes that as a foreign private issuer, these equity transactions are exempt from Sections 16(b) and 16(c) of the Securities Exchange Act of 1934.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 3,255 shares ($160K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
McCague Eugene Pacelli
Role
Director
Sold
3,255 shs ($570K)
Approx. gross sale proceeds
$570K
Approx. exercise cost
$409K
Approx. pre-tax spread
$160K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options F1, F2 | 3,255 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 3,255 | $125.74 | $409K |
| Sale | Ordinary Shares | 3,255 | $175.00 | $570K |
Holdings After Transaction:
Stock Options — 0 contracts (Direct);
Ordinary Shares — 3,811 shares (Direct)
Footnotes (2)
- F1. Fully vested.
- F2. The stock options expire on the eighth anniversary of the grant date, May 18, 2018, subject to automatic extension until the 30th trading day following any period during which exercise is prohibited under the Issuer's Share Trading Policy or applicable law, but in no event later than the tenth anniversary of the grant date.
Key Figures
Options exercised: 3,255 shares
Exercise price: $125.74 per share
Shares sold: 3,255 shares
+3 more
6 metrics
Options exercised
3,255 shares
Stock options converted into Ordinary Shares on September 17, 2026
Exercise price
$125.74 per share
Price to exercise 3,255 stock options on September 17, 2026
Shares sold
3,255 shares
Ordinary Shares sold on September 17, 2026 following option exercise
Sale price
$175.00 per share
Price for sale of 3,255 Ordinary Shares on September 17, 2026
Options remaining from this grant
0 options
Total stock options following transaction for this grant
Grant date
May 18, 2018
Original grant date for the exercised stock options
Key Terms
foreign private issuer, Sections 16(b) and 16(c), derivative security, Ordinary Shares, +1 more
5 terms
foreign private issuer regulatory
"Due to the issuer's status as a foreign private issuer pursuant to Rule 3a12-3(b)"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
Sections 16(b) and 16(c) regulatory
"transactions in the issuer's equity securities are exempt from Sections 16(b) and 16(c)"
derivative security financial
"transaction code description states Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
stock options financial
"security title is Stock Options and a footnote notes Fully vested"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ICON PLC (ICLR) report for September 17, 2026?
ICON PLC reported that director Eugene Pacelli McCague exercised stock options for 3,255 Ordinary Shares at $125.74 per share and sold the resulting 3,255 shares at $175.00 per share on September 17, 2026.
How many ICON PLC (ICLR) options did the director exercise and at what price?
The director exercised 3,255 stock options relating to ICON PLC Ordinary Shares at an exercise price of $125.74 per share on September 17, 2026, converting them into the same number of Ordinary Shares.
Does the ICON PLC (ICLR) director still hold options from this grant after the transaction?
No. After the September 17, 2026 option exercise, the filing shows 0 stock options from this specific grant remaining, meaning all 3,255 options tied to these Ordinary Shares were fully exercised.
Were the ICON PLC (ICLR) options fully vested before exercise?
Yes. A footnote states that the stock options exercised for the 3,255 Ordinary Shares were fully vested when exercised on September 17, 2026.
Are ICON PLC (ICLR) insider transactions subject to Sections 16(b) and 16(c)?
The company states that, due to ICON PLC’s status as a foreign private issuer under Rule 3a12-3(b), the reporting person’s transactions in its equity securities are exempt from Sections 16(b) and 16(c) of the Securities Exchange Act of 1934.
AI-generated analysis. How Rhea-AI works. Not financial advice.
