Ionis legal chief buys 63 shares in stock plan
Ionis’s EVP and general counsel increased his direct holdings via the employee stock purchase plan, with the new shares subject to a lock-up period.
Rhea-AI Filing Summary
IONIS PHARMACEUTICALS INC (IONS) reported that executive vice president, chief legal officer and general counsel Patrick R. O'Neil acquired 63 shares of common stock on August 31, 2026 through the company’s employee stock purchase plan at $51.306 per share. Following this purchase, he directly holds 59,205 shares. According to the plan terms described, these 63 shares may not be sold until February 28, 2027, and the filing does not indicate that the transaction was made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 63 shares
Other
1 txn
Insider
O'NEIL PATRICK R.
Role
EVP CLO & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 63 | $51.306 | $3K |
Holdings After Transaction:
Common Stock — 59,205 shares (Direct)
Footnotes (1)
- F1. Reporting shares purchased under the Ionis Pharmaceuticals, Inc. Amended and Restated 2000 Employee Stock Purchase Plan on August 31, 2026. These shares may not be sold until February 28, 2027.
Key Figures
Shares acquired: 63 shares
Purchase price per share: $51.306 per share
Total direct holdings after transaction: 59,205 shares
+2 more
5 metrics
Shares acquired
63 shares
Common stock purchased by Patrick R. O'Neil on August 31, 2026
Purchase price per share
$51.306 per share
Price paid for 63 Ionis common shares under the employee stock purchase plan
Total direct holdings after transaction
59,205 shares
Ionis common stock directly held by Patrick R. O'Neil after the purchase
Transaction date
August 31, 2026
Date of purchase under the employee stock purchase plan
Earliest sale date for acquired shares
February 28, 2027
Lock-up period end for the 63 shares purchased under the employee stock purchase plan
Key Terms
Employee Stock Purchase Plan, Rule 10b5-1 trading plan, lock-up period
3 terms
Employee Stock Purchase Plan financial
"purchased under the Ionis Pharmaceuticals, Inc. Amended and Restated 2000 Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rule 10b5-1 trading plan regulatory
"the transaction was not reported as being made under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
lock-up period financial
"These shares may not be sold until February 28, 2027"
A lock-up period is a fixed time after a stock offering during which company insiders and early investors are legally barred from selling their shares. It matters because when that restriction expires a large block of previously locked-up shares can enter the market at once, potentially lowering the stock price or spiking trading volume—like opening a floodgate—so investors monitor these dates to anticipate price moves and manage risk.
FAQ
What insider transaction did IONS report for Patrick R. O'Neil?
Patrick R. O'Neil acquired 63 shares of Ionis common stock on August 31, 2026 through the company’s employee stock purchase plan at $51.306 per share, increasing his direct holdings to 59,205 shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
