Informatica (INFA) Director Exercises Options and Sells Shares on 09/02/2025
Rhea-AI Filing Summary
Gerald Held, a director of Informatica Inc. (INFA), reported option exercises and a sale on 09/02/2025. He exercised two stock option grants: one with a $10 exercise price for 55,319 shares and one with an $8.70 exercise price for 14,893 shares; the filing states those option shares were fully vested and exercisable. The filing also reports a sale of 70,212 Class A common shares at a weighted average price of $24.932 per share, reducing his beneficial ownership to 198,845 shares after the transactions. Following the reported acquisitions, his reported beneficial ownership was 269,057 Class A shares before the sale and 198,845 shares after.
Positive
- Options fully vested and exercisable as stated, enabling the reporting person to exercise 55,319 and 14,893 options respectively
- Complete disclosure of transaction dates, prices, and resulting beneficial ownership consistent with Section 16 requirements
Negative
- Sale of 70,212 shares at a weighted average price of $24.932 reduced the reporting person's beneficial ownership to 198,845 shares
- No checkbox marked indicating a Rule 10b5-1 trading plan on the form, so the sale is not presented as pre-planned in this filing
Insights
TL;DR: Insider exercised fully vested options and sold a portion of shares; disclosure is routine and appears administrative.
The Form 4 discloses the exercise of two option grants totaling 70,212 underlying shares (55,319 at $10 and 14,893 at $8.70) that were fully vested and exercisable on 09/02/2025. The reporting person then sold 70,212 Class A shares at a weighted average price of $24.932, which the filer explains is the weighted average of sales between $24.93 and $24.935. Beneficial ownership decreased to 198,845 shares after the sale. From a market-impact perspective, these transactions are material only to the extent they change an insider’s stake; the filing provides the key quantities and prices for investor review.
TL;DR: Transactions comply with Section 16 reporting norms; the filing documents vested-option exercises and a contemporaneous sale.
The Form 4 shows standard Section 16 reporting: identification of the reporting person as a director, the dates, option exercise details, and the sale with a specified weighted average price range. The filer notes the shares from the options were fully vested, and the signature is provided by an attorney-in-fact. There is no indication in the form of a Rule 10b5-1 plan checkbox being marked, so no affirmative defense is asserted on the form itself. The disclosure is adequate for regulatory and investor transparency.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 55,319 | $0.00 | -- |
| Exercise | Stock Option (right to buy) | 14,893 | $0.00 | -- |
| Exercise | Class A Common Stock | 55,319 | $10.00 | $553K |
| Exercise | Class A Common Stock | 14,893 | $8.70 | $130K |
| Sale | Class A Common Stock | 70,212 | $24.932 | $1.75M |
Footnotes (1)
- This sale price represents the weighted average sale price of the shares sold ranging from $24.93 to $24.935 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4. The shares subject to the option were fully vested and exercisable.
