Immunovant (IMVT) director sells 1,500 shares after option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Immunovant, Inc. director Atul Pande exercised stock options and sold shares in a routine, pre-planned transaction. He exercised 1,500 stock options at $8.43 per share and sold 1,500 common shares at an average price of $38.01 per share pursuant to a Rule 10b5-1 plan adopted on December 26, 2025.
Following these transactions, he holds 116,731 common shares directly, 20,000 common shares indirectly through a trust, and 68,181 stock options (right to buy) remaining.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,500 shares ($57,015)
Net Sell
4 txns
Insider
Pande Atul
Role
null
Sold
1,500 shs ($57K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 1,500 | $0.00 | -- |
| Exercise | Common Stock | 1,500 | $8.43 | $13K |
| Sale | Common Stock | 1,500 | $38.01 | $57K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 68,181 shares (Direct, null);
Common Stock — 118,231 shares (Direct, null);
Common Stock — 20,000 shares (Indirect, By Trust)
Footnotes (1)
- Reported transaction occurred pursuant to a Rule 10b5-1 Plan adopted by the reporting person on December 26, 2025. Reflects an award of stock options to purchase Common Shares that is fully vested.
Key Figures
Shares sold: 1,500 shares
Sale price: $38.01 per share
Option exercise size: 1,500 shares
+5 more
8 metrics
Shares sold
1,500 shares
Common Stock open-market sale on June 26, 2026
Sale price
$38.01 per share
Average price for 1,500 common shares sold
Option exercise size
1,500 shares
Stock Option (right to buy) exercised into common stock
Option strike price
$8.43 per share
Exercise price of stock options converted to common stock
Direct common holdings
116,731 shares
Common Stock held directly after transactions
Indirect common holdings
20,000 shares
Common Stock held indirectly by trust after transactions
Remaining stock options
68,181 options
Stock Option (right to buy) balance after exercise
Rule 10b5-1 plan adoption date
December 26, 2025
Date pre-planned trading arrangement was adopted
Key Terms
Rule 10b5-1 Plan, Stock Option (right to buy), open-market sale, derivative exercise/conversion, +1 more
5 terms
Rule 10b5-1 Plan financial
"Reported transaction occurred pursuant to a Rule 10b5-1 Plan adopted"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy) with 1,500 shares"
open-market sale financial
"transaction_action: open-market sale of 1,500 Common Stock shares"
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.
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion of stock options"
fully vested financial
"Reflects an award of stock options to purchase Common Shares that is fully vested"
FAQ
What insider transactions did Immunovant (IMVT) director Atul Pande report?
Immunovant director Atul Pande exercised 1,500 stock options and sold 1,500 common shares. The sale was reported as an open-market transaction at an average price of $38.01 per share, paired with option exercises at a strike price of $8.43 per share.
What type of derivative security did Atul Pande exercise in Immunovant (IMVT)?
He exercised stock options described as a “Stock Option (right to buy)” covering 1,500 underlying common shares at a conversion or exercise price of $8.43 per share. The filing notes this option award is fully vested.