Disc Medicine (NASDAQ: IRON) CEO exercises options and sells 33,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Disc Medicine, Inc. Chief Executive Officer and director John D. Quisel reported option-related trades on July 13, 2026. He exercised stock options for 33,000 shares of common stock at strike prices of $13.50 and $9.86, and sold 33,000 shares in open-market transactions at weighted-average prices of $76.0520, $74.9469 and $74.2729, with individual trades ranging from $73.62 to $76.29. These sales were made under a Rule 10b5-1 trading plan adopted on March 12, 2026. Following the transactions, he holds 226,064 common shares directly and retains stock options covering 124,586 and 15,791 underlying shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 33,000 shares ($2,473,780)
Net Sell
7 txns
Insider
Quisel John D
Role
Chief Executive Officer
Sold
33,000 shs ($2.47M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 25,584 | $0.00 | -- |
| Exercise | Stock Option (Right to Buy) | 7,416 | $0.00 | -- |
| Exercise | Common Stock | 25,584 | $9.86 | $252K |
| Exercise | Common Stock | 7,416 | $13.50 | $100K |
| Sale | Common Stock | 9,704 | $74.2729 | $721K |
| Sale | Common Stock | 16,896 | $74.9469 | $1.27M |
| Sale | Common Stock | 6,400 | $76.052 | $487K |
Holdings After Transaction:
Stock Option (Right to Buy) — 15,791 shares (Direct);
Common Stock — 251,648 shares (Direct)
Footnotes (1)
- These transactions were effected by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted on March 12, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.62 to $74.60, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer 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 footnotes (2), (3) and (4) to 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 $74.62 to $75.50, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.83 to $76.29, inclusive. The shares underlying this option are fully vested and exercisable as of the date hereof. 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.
Key Figures
Shares sold: 33,000 shares
Sale price tranche 1: $76.0520 per share
Sale price tranche 2: $74.9469 per share
+5 more
8 metrics
Shares sold
33,000 shares
Common stock sold in open-market transactions on July 13, 2026
Sale price tranche 1
$76.0520 per share
Weighted-average price for 6,400-share sale tranche
Sale price tranche 2
$74.9469 per share
Weighted-average price for 16,896-share sale tranche
Sale price tranche 3
$74.2729 per share
Weighted-average price for 9,704-share sale tranche
Shares acquired via option exercise
33,000 shares
Common stock obtained by exercising options on July 13, 2026
Option exercise price 1
$13.50 per share
Strike price for 7,416-share stock option grant expiring December 28, 2032
Option exercise price 2
$9.86 per share
Strike price for 25,584-share stock option grant expiring September 13, 2031
Common shares held after transactions
226,064 shares
Direct ownership of Disc Medicine common stock following reported trades
Key Terms
Rule 10b5-1 trading plan, weighted average price, Stock Option (Right to Buy), derivative security, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"These transactions were effected ... pursuant to 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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vest in 48 equal monthly installments financial
"shares underlying this option vest in 48 equal monthly installments"
FAQ
What insider transactions did Disc Medicine (IRON) CEO John D. Quisel report?
John D. Quisel reported exercising options for 33,000 shares and selling 33,000 shares of Disc Medicine common stock on July 13, 2026. The trades reflect option exercises at $13.50 and $9.86 per share and open-market sales executed the same day.
What stock options did the Disc Medicine (IRON) CEO exercise in this Form 4?
He exercised options for 7,416 shares at $13.50 and 25,584 shares at $9.86 per share. The $13.50 grant is fully vested, while the $9.86 grant vests in 48 equal monthly installments following December 29, 2022, subject to continued service.