Ionis (NASDAQ: IONS) EVP sells 362 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IONIS PHARMACEUTICALS INC EVP and Chief Development Officer Holly B. Kordasiewicz sold 362 shares of common stock in an open-market transaction at $84.30 per share on July 7, 2026. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 13, 2026, and she now holds 22,096 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 362 shares ($30,517)
Net Sell
1 txn
Insider
Kordasiewicz Holly B.
Role
EVP, Chief Development Officer
Sold
362 shs ($31K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 362 | $84.30 | $31K |
Holdings After Transaction:
Common Stock — 22,096 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 362 shares
Sale price: $84.30 per share
Shares owned after transaction: 22,096 shares
3 metrics
Shares sold
362 shares
Open-market sale on July 7, 2026
Sale price
$84.30 per share
Common Stock transaction
Shares owned after transaction
22,096 shares
Direct ownership following sale
Key Terms
Rule 10b5-1 Trading Plan, open-market sale, Common Stock
3 terms
Rule 10b5-1 Trading Plan regulatory
"Shares sold pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person"
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.
open-market sale financial
"transaction_action is described as an open-market sale of Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"The security title for the reported transaction is Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Ionis (IONS) report for Holly B. Kordasiewicz?
Ionis reported that EVP Holly B. Kordasiewicz sold 362 common shares. The transaction was an open-market sale at $84.30 per share, completed on July 7, 2026, and categorized as a routine disposition rather than a large ownership change.
Was the Ionis (IONS) insider sale made under a Rule 10b5-1 trading plan?
Yes, the insider sale was made under a Rule 10b5-1 trading plan. A footnote explains the shares were sold pursuant to a trading plan adopted by Holly B. Kordasiewicz on March 13, 2026, indicating the transaction was pre-arranged rather than opportunistic.
Who is Holly B. Kordasiewicz in relation to Ionis (IONS)?
Holly B. Kordasiewicz serves as EVP and Chief Development Officer at Ionis. Her role is disclosed in the Form 4, which identifies her as an executive officer rather than a director or 10% owner, providing context for the scale and significance of her reported share sale.