Disc Medicine (NASDAQ: IRON) legal chief exercises options, sells 1,000 shares
Rhea-AI Filing Summary
Disc Medicine, Inc.'s Chief Legal Officer, Rahul Khara, reported an option exercise and share sale in company stock. On January 20, 2026, he exercised a stock option for 1,000 shares of common stock at an exercise price of $13.5 per share, converting derivative securities into common shares. On the same day, he sold 1,000 shares of common stock at a price of $69.74 per share, leaving him with 37,793 shares of common stock held directly and 21,270 stock options remaining.
The filing states that these transactions were carried out under a Rule 10b5-1 trading plan adopted on September 23, 2025, which is a pre-arranged plan designed to allow insiders to trade shares according to preset instructions. The underlying option shares vest in 48 equal monthly installments following December 29, 2022, conditioned on his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 1,000 | $0.00 | -- |
| Exercise | Common Stock | 1,000 | $13.50 | $14K |
| Sale | Common Stock | 1,000 | $69.74 | $70K |
Footnotes (1)
- The transactions reported by the Reporting Person were effected pursuant to a Rule 10b5-1 trading plan adopted on September 23, 2025. The shares underlying this option vest in 48 equal monthly installments following December 29, 2022, subject to the Reporting Person's continued service on each such vesting date.
FAQ
What insider transaction did Disc Medicine (IRON) report for Rahul Khara?
The Chief Legal Officer, Rahul Khara, reported exercising a stock option for 1,000 shares of common stock at $13.5 per share on January 20, 2026, and selling 1,000 shares of common stock at $69.74 per share on the same date.
Was the Disc Medicine (IRON) insider trade made under a Rule 10b5-1 plan?
Yes. The filing states that the transactions were effected under a Rule 10b5-1 trading plan adopted on September 23, 2025, which allows pre-scheduled trades by insiders.
What is the vesting schedule for Rahul Khara’s Disc Medicine (IRON) stock option?
The shares underlying the reported stock option vest in 48 equal monthly installments following December 29, 2022, subject to Rahul Khara’s continued service on each vesting date.
What types of securities were involved in this Disc Medicine (IRON) Form 4?
The Form 4 reports a stock option (right to buy) with an exercise price of $13.5 per share and the related common stock acquired upon exercise and then sold.
Is this Disc Medicine (IRON) Form 4 filed by one reporting person or a group?
The Form 4 is marked as filed by one reporting person, identifying Rahul Khara as an officer with the title Chief Legal Officer.