Ionis HR chief Devers sells 1,357 shares for taxes
The sale covered required tax withholding, and the restricted stock units vest in four equal annual installments.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Shannon L. Devers, EVP, Chief Human Resources Ofc at Ionis Pharmaceuticals Inc. (IONS), acquired 2,820 common shares when restricted stock units vested and were released on October 15, 2026. On October 16, she sold 1,357 common shares at a weighted average price of $43.5386 per share through an automatic sale to cover required tax withholding; no Rule 10b5-1 plan is reported. Her reported post-transaction RSU position was 49,884 units.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Devers Shannon L.
Role
EVP, Chief Human Resources Ofc
Sold
1,357 shs ($59K)
Approx. gross sale proceeds
$59K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2, F3 | 1,357 | $43.5386 | $59K |
| Exercise | Restricted Stock Unit F4, F5 | 2,820 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 2,820 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 49,884 contracts (Direct);
Common Stock — 17,811 shares (Direct)
Footnotes (5)
- F1. Acquired pursuant to vesting and release of shares in accordance with a Restricted Stock Unit award.
- F2. The sale was made pursuant to an automatic sale to cover the required tax withholding obligations pursuant to the 2011 Equity Incentive Plan Restricted Stock Unit Agreement and Grant Notice.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.1383 to $43.538918 inclusive. The reporting person undertakes to provide to Ionis Pharmaceuticals, Inc. any security holder of Ionis Pharmaceuticals, Inc. 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 ranges set forth in footnote (2) on this Form 4.
- F4. Each Restricted Stock Unit represents a contingent right to receive one share of Ionis common stock, or its equivalent cash value.
- F5. Restricted Stock Units vest in four equal annual installments. Upon vesting, the restricted stock units will be paid out in whole shares of Ionis common stock or cash as may be determined by the Company.
Key Figures
Common shares sold: 1,357 shares
Weighted average sale price: $43.5386 per share
Restricted stock units vested and released: 2,820 units
+4 more
7 metrics
Common shares sold
1,357 shares
October 16, 2026; automatic sale to cover required tax withholding
Weighted average sale price
$43.5386 per share
Sale on October 16, 2026
Restricted stock units vested and released
2,820 units
October 15, 2026
Reported RSUs after transaction
49,884 units
Following the October 15, 2026 transaction
Sale price range
$43.1383 to $43.538918 per share
Shares sold in multiple transactions on October 16, 2026
RSU vesting schedule
4 equal annual installments
Restricted Stock Units
Common shares represented by each RSU
1 common share, or its equivalent cash value
Contingent right under each Restricted Stock Unit
Key Terms
Restricted Stock Unit, weighted average price, tax withholding obligations, 2011 Equity Incentive Plan
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
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.
tax withholding obligations financial
"automatic sale to cover the required tax withholding obligations"
2011 Equity Incentive Plan financial
"pursuant to the 2011 Equity Incentive Plan Restricted Stock Unit Agreement"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How do the IONS restricted stock units vest?
The restricted stock units vest in four equal annual installments. Upon vesting, they are paid in whole shares of Ionis common stock or cash, as the company may determine.
AI-generated analysis. How Rhea-AI works. Not financial advice.
