Immunovant (IMVT) director’s 10b5-1 sale leaves 36,394 shares held
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Immunovant, Inc. director Robert Graham Susman reported an open-market sale of 2,502 shares of common stock at a weighted average price of $27.17 per share. The transaction was executed under a Rule 10b5-1 trading plan adopted on December 30, 2025.
Following this sale, he directly holds 36,394 shares of Immunovant common stock, so the filing reflects a partial reduction rather than an exit from his position.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,502 shares ($67,979)
Net Sell
1 txn
Insider
Susman Robert Graham
Role
null
Sold
2,502 shs ($68K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,502 | $27.17 | $68K |
Holdings After Transaction:
Common Stock — 36,394 shares (Direct, null)
Footnotes (1)
- The transaction reported on this Form 4 is made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 30, 2025. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.84 - $27.49 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
Key Figures
Shares sold: 2,502 shares
Weighted average sale price: $27.17 per share
Post-transaction holdings: 36,394 shares
+1 more
4 metrics
Shares sold
2,502 shares
Open-market sale of common stock
Weighted average sale price
$27.17 per share
Common stock sale on May 1, 2026
Post-transaction holdings
36,394 shares
Shares directly held after sale
Price range of trades
$26.84–$27.49 per share
Range of prices across multiple sale executions
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale
3 terms
Rule 10b5-1 trading plan regulatory
"The transaction reported on this Form 4 is made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
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.
weighted average price financial
"The price reported is a weighted average price. These shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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
What did Immunovant (IMVT) director Robert Graham Susman do in this Form 4 filing?
Robert Graham Susman reported an open-market sale of 2,502 Immunovant shares at a weighted average price of $27.17. This was a planned trade under a Rule 10b5-1 plan, rather than a spontaneous market decision.
Was the Immunovant (IMVT) insider sale part of a Rule 10b5-1 trading plan?
Yes. The filing states the sale was made under a Rule 10b5-1 trading plan adopted on December 30, 2025. Such plans pre-schedule trades, helping separate routine portfolio management from discretionary timing decisions.
What does the price range in the Immunovant (IMVT) Form 4 footnote mean?
The footnote explains the reported price is a weighted average of multiple trades executed between $26.84 and $27.49 per share. The director offers to provide exact share counts at each price level to the issuer, shareholders, or the SEC upon request.