Ionis Pharmaceuticals (IONS) CEO exercises options and sells 160,773 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ionis Pharmaceuticals Chief Executive Officer Brett P. Monia reported a series of option exercises and stock sales. On March 9–10, 2026, Monia exercised non-qualified stock options covering 148,454 shares of common stock at an exercise price of $60.89 per share.
Across the same two days, Monia sold 160,773 shares of common stock in open-market transactions at weighted average prices in the mid‑$70 range. These sales were made pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on December 8, 2025. Following the transactions, Monia directly owns 242,662 shares of Ionis Pharmaceuticals common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 160,773 shares ($12,114,155)
Net Sell
11 txns
Insider
Monia Brett P
Role
Chief Executive Officer
Sold
160,773 shs ($12.11M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (right to buy) | 34,103 | $0.00 | -- |
| Exercise | Common Stock | 34,103 | $60.89 | $2.08M |
| Sale | Common Stock | 16,512 | $75.4745 | $1.25M |
| Sale | Common Stock | 17,591 | $76.3407 | $1.34M |
| Exercise | Non-Qualified Stock Option (right to buy) | 40,822 | $0.00 | -- |
| Exercise | Non-Qualified Stock Option (right to buy) | 73,529 | $0.00 | -- |
| Exercise | Common Stock | 40,822 | $60.89 | $2.49M |
| Exercise | Common Stock | 73,529 | $60.89 | $4.48M |
| Sale | Common Stock | 7,382 | $74.111 | $547K |
| Sale | Common Stock | 117,604 | $75.258 | $8.85M |
| Sale | Common Stock | 1,684 | $75.583 | $127K |
Holdings After Transaction:
Non-Qualified Stock Option (right to buy) — 0 shares (Direct);
Common Stock — 276,765 shares (Direct)
Footnotes (1)
- Shares sold pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person on December 8, 2025 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.44 to $74.42 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.54 to $75.54 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 (3) on this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.55 to $75.63 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 (4) on this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.005 to $76.00 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 (5) on this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.02 to $76.70 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 (6) on this Form 4.
FAQ
What insider transactions did Ionis (IONS) CEO Brett Monia report?
Ionis CEO Brett P. Monia reported exercising non-qualified stock options for 148,454 common shares and selling 160,773 shares. The actions combined option exercise with partial share monetization while leaving him with a significant remaining direct ownership stake of 242,662 shares after the transactions.
Were the Ionis (IONS) CEO’s stock sales made under a Rule 10b5-1 plan?
Yes. The filing states that the reported share sales were executed under a Rule 10b5-1 trading plan adopted by Brett Monia on December 8, 2025. Such pre-arranged plans schedule trades in advance to systematize selling and reduce sensitivity to short-term market movements.
What type of securities did the Ionis (IONS) CEO exercise in this Form 4?
The CEO exercised non-qualified stock options with an exercise price of $60.89 per share, each option representing the right to buy Ionis common stock. These options were scheduled to expire on January 1, 2027, and the reported exercises removed the related derivative positions shown in the filing.