Form 144 Notice: IONS insider plans to sell 49,800 shares for $3.25M
Rhea-AI Filing Summary
Form 144 filing by Ionis Pharmaceuticals (IONS) reports a proposed sale of 49,800 shares of common stock through Stifel Nicolaus & Company, with an aggregate market value of $3,249,734.00. The shares are listed on Nasdaq and the filing lists 159,391,229 shares outstanding for the issuer. The securities were acquired on 01/02/2019 by option exercise from the issuer and the intended sale is scheduled for 09/30/2025 with payment in cash. The filer reports no sales in the past three months and includes the standard representation that the seller does not possess undisclosed material adverse information.
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Insights
TL;DR: Routine insider sale notice: 49,800 shares, $3.25M value, scheduled 09/30/2025.
This Form 144 documents a planned sale under Rule 144 by a person who acquired the shares via option exercise on 01/02/2019. The sale is to be executed through Stifel Nicolaus & Company on Nasdaq with cash payment. The filing indicates no securities sold by this person in the prior three months and reiterates the signer’s representation about lack of undisclosed material adverse information. The notice is procedural and provides transaction timing and dealer details required for compliance.
TL;DR: Compliance-focused disclosure; standard attestation and broker details included.
The filing includes required issuer and transaction details: class of securities, broker name and address, number of shares, aggregate value, outstanding shares figure, acquisition date and nature (option exercise), and intended sale date. It contains the customary signature attestation about material information and a warning regarding false statements. No additional governance actions or plan-adoption dates (e.g., 10b5-1) are disclosed in the form.