Disc Medicine (NASDAQ: IRON) CMO sells 7,378 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Disc Medicine, Inc. Chief Medical Officer William Jacob Savage reported two open-market sales of common stock. On March 2, he sold 4,392 shares at a weighted average price of $65.5218 per share, and 2,986 shares at a weighted average price of $66.4090 per share, totaling 7,378 shares sold. These transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on October 2, 2025. After the sales, he continued to hold 85,211 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,378 shares ($486,069)
Net Sell
2 txns
Insider
Savage William Jacob
Role
Chief Medical Officer
Sold
7,378 shs ($486K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,392 | $65.5218 | $288K |
| Sale | Common Stock | 2,986 | $66.409 | $198K |
Holdings After Transaction:
Common Stock — 88,197 shares (Direct)
Footnotes (1)
- These transactions were effected by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted on October 2, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.00 to $65.98, 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) and (3) 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 $66.03 to $66.88, inclusive.
FAQ
What insider transaction did Disc Medicine (IRON) disclose in this Form 4?
Disc Medicine reported that Chief Medical Officer William Jacob Savage sold 7,378 shares of common stock in open-market transactions. The sales occurred on March 2 at weighted average prices around the mid-$60s per share, and he retained a significant remaining direct shareholding afterward.
Does the Disc Medicine (IRON) Form 4 indicate a trading plan for these sales?
Yes. The filing states these sales were made under a Rule 10b5-1 trading plan adopted on October 2, 2025. Such plans pre-schedule trades, helping insiders systematically sell shares without making real-time trading decisions based on nonpublic information.
Were the Disc Medicine (IRON) insider sales single trades or multiple transactions?
Each reported line reflects a weighted average price across multiple individual trades. The first block sold between $65.00 and $65.98 per share, while the second sold between $66.03 and $66.88, according to the detailed price range disclosures in the footnotes.
Who executed the Disc Medicine (IRON) stock sales reported in this Form 4?
The sales were executed by William Jacob Savage, Chief Medical Officer of Disc Medicine, Inc. He is the reporting person on the Form 4 and held the shares directly, with the transactions classified as open-market sales of common stock.