IONS insider proposes sale of 45,000 shares valued at $2.66M
Rhea-AI Filing Summary
Ionis Pharmaceuticals (IONS) submitted a Form 144 notifying the proposed sale of 45,000 shares of common stock through Stifel Nicolaus & Company, with an aggregate market value of $2,658,996.00. The filing lists 159,391,229 shares outstanding and names Nasdaq as the exchange with an approximate sale date of 09/03/2025.
The securities were acquired by the seller on 01/31/2022 via an option exercise for 60,000 shares. The planned method of payment on sale is cash. The filing reports no securities sold by the person in the past three months and contains the standard attestation about absence of undisclosed material adverse information.
Positive
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Negative
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Insights
TL;DR: Routine insider sale notice: 45,000 shares (~$2.66M) planned to be sold on 09/03/2025; acquired by option exercise in 2022.
This Form 144 is a procedural disclosure required when an affiliate proposes an off-exchange sale that exceeds the Rule 144 thresholds. Key facts: the insider acquired 60,000 shares via option exercise on 01/31/2022 and now proposes to sell 45,000 shares through Stifel Nicolaus with an aggregate stated market value of $2,658,996. The filing indicates no sales in the prior three months, and identifies Nasdaq as the exchange. As presented, the notice contains no performance metrics, company financials, or additional context about intent or trading plans.
TL;DR: Compliance-level disclosure only; the filing documents an insider's planned sale but provides no material governance concerns.
The document fulfills the Rule 144 notice requirement by disclosing the amount, acquisition date and nature (option exercise) of the securities, broker information, and the intended sale date. It includes the customary representation that the seller is not aware of undisclosed material adverse information. There are no statements of trading-plan adoption dates or indications of Rule 10b5-1 reliance in the visible fields.