Lexeo (LXEO) CEO sells 55,000 shares, keeps 340K including RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lexeo Therapeutics, Inc. Chief Executive Officer Richard Nolan reported an open-market sale of 55,000 shares of common stock at a weighted average price of $5.6934 per share. The sale on April 6, 2026 was made under a pre-arranged Rule 10b5-1 trading plan.
Following this transaction, Nolan directly holds 340,106 shares of Lexeo common stock, which includes 261,349 Restricted Stock Units that may convert into shares if vesting conditions are satisfied.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 55,000 shares ($313,137)
Net Sell
1 txn
Insider
Townsend Richard Nolan
Role
Chief Executive Officer
Sold
55,000 shs ($313K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 55,000 | $5.6934 | $313K |
Holdings After Transaction:
Common Stock — 340,106 shares (Direct)
Footnotes (1)
- The sales in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 13, 2025. This transaction was executed in multiple trades at prices ranging from $5.56 to $5.94. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price. Includes 261,349 Restricted Stock Units (RSU's). Each RSU represents a contingent right to receive one share of Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
Key Figures
Shares sold: 55,000 shares
Weighted average sale price: $5.6934 per share
Post-transaction holdings: 340,106 shares
+3 more
6 metrics
Shares sold
55,000 shares
Open-market sale on April 6, 2026
Weighted average sale price
$5.6934 per share
Common stock sale on April 6, 2026
Post-transaction holdings
340,106 shares
Directly held by CEO after transaction
Restricted Stock Units
261,349 RSUs
Included in CEO’s reported holdings
Price range of trades
$5.56 to $5.94
Multiple executions within the reported sale
Trading plan adoption date
November 13, 2025
Rule 10b5-1 plan governing the sale
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units (RSU's), weighted average sale price, open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"The sales in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted..."
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.
Restricted Stock Units (RSU's) financial
"Includes 261,349 Restricted Stock Units (RSU's). Each RSU represents a contingent right..."
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
open-market sale financial
"transaction_action": "open-market sale""
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.
FAQ
What insider transaction did Lexeo Therapeutics (LXEO) report for its CEO?
Lexeo Therapeutics reported that CEO Richard Nolan sold 55,000 shares of common stock. The shares were sold in an open-market transaction at a weighted average price of $5.6934 per share on April 6, 2026, according to a Form 4 filing.
Was the Lexeo (LXEO) CEO stock sale made under a trading plan?
Yes. The CEO’s sales were made under a Rule 10b5-1 trading plan adopted on November 13, 2025. Such plans pre-schedule trades, helping separate routine portfolio management from discretionary timing decisions, as described in the Form 4 footnotes.
What are the Restricted Stock Units (RSUs) held by the Lexeo (LXEO) CEO?
The CEO’s reported holdings include 261,349 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Lexeo common stock, subject to the specific vesting schedules and other conditions attached to each RSU grant.
Is the Lexeo (LXEO) CEO’s transaction an open-market sale or another type?
The filing identifies the transaction as an open-market sale of common stock, coded as “S” on Form 4. This indicates a sale in the market or a private transaction, distinct from option exercises, grants, gifts, or tax-withholding events.