Disc Medicine (NASDAQ: IRON) COO exercises options and sells 300 shares
Rhea-AI Filing Summary
Disc Medicine Chief Operating Officer Jonathan Yu reported a small, pre-planned insider transaction in Disc Medicine, Inc. common stock. On June 26, 2026, he exercised stock options to acquire 300 shares of common stock at $13.50 per share, then sold 300 shares of common stock at an average price of $72.50 per share in an open-market transaction.
The filing notes these trades were executed under a previously adopted Rule 10b5-1 trading plan, indicating they were scheduled in advance rather than timed discretionarily. A related footnote explains that the option grant vests in 48 equal monthly installments starting from December 29, 2022, contingent on Yu’s continued service.
Positive
- None.
Negative
- None.
Insights
Routine option exercise and sale under a pre-set plan.
The Form 4 shows Disc Medicine’s COO Jonathan Yu exercising options for 300 shares at $13.50 and selling 300 shares at $72.50. This is a classic exercise-and-sell pattern that converts an existing option award into cash.
The filing specifies these trades occurred under a Rule 10b5-1 trading plan adopted on March 17, 2026. Such plans are arranged in advance, so the timing gives limited insight into management’s current view of the stock. The option grant itself vests monthly over four years starting December 29, 2022, reflecting standard long-term incentive design.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 300 | $0.00 | -- |
| Exercise | Common Stock | 300 | $13.50 | $4K |
| Sale | Common Stock | 300 | $72.50 | $22K |
Footnotes (1)
- These transactions were effected by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted on March 17, 2026. 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.