Veradermics (MANE) CEO sells shares under preset trading plan
Rhea-AI Filing Summary
Veradermics, Inc (MANE) reported insider activity by Chief Executive Officer Reid Alexander Waldman. On 2026-08-17 he exercised 3,452 stock options to acquire an equal number of common shares at an exercise price of $12.19 per share from a fully vested option. On the same date, he reported open-market sales totaling 67,500 common shares in multiple tranches at reported weighted-average prices between $106.07 and $111.28 per share, executed pursuant to a Rule 10b5-1 trading plan.
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Insights
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Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
7 txns
Insider
Waldman Reid Alexander
Role
Chief Executive Officer
Sold
67,500 shs ($7.28M)
Approx. gross sale proceeds
$7.28M
Approx. exercise cost
$42K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F5 | 3,452 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,452 | $12.19 | $42K |
| Sale | Common Stock F1 | 11,527 | $106.72 | $1.23M |
| Sale | Common Stock F2 | 25,234 | $107.53 | $2.71M |
| Sale | Common Stock F3 | 27,490 | $108.45 | $2.98M |
| Sale | Common Stock F4 | 3,000 | $109.38 | $328K |
| Sale | Common Stock | 249 | $111.28 | $28K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 170,824 shares (Direct)
Footnotes (5)
- F1. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $106.07 to $107.00, 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 range.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $107.00 to $108.00, 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 range.
- F3. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $108.00 to $108.99, 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 range.
- F4. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $109.02 to $109.84, 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 range.
- F5. This option is fully vested and exercisable as of the date hereof.
Key Figures
Options Exercised: 3,452 shares
Exercise Price: $12.19 per share
Shares Sold: 67,500 shares
+5 more
8 metrics
Options Exercised
3,452 shares
Stock Option (Right to Buy) exercised into common stock on 2026-08-17
Exercise Price
$12.19 per share
Exercise price of stock option converted into 3,452 common shares
Shares Sold
67,500 shares
Total common shares sold across reported sale transactions on 2026-08-17
Sale Price Tranche 1
$106.72 per share
Weighted-average price for sale of 11,527 common shares (range $106.07–$107.00)
Sale Price Tranche 2
$107.53 per share
Weighted-average price for sale of 25,234 common shares (range $107.00–$108.00)
Sale Price Tranche 3
$108.45 per share
Weighted-average price for sale of 27,490 common shares (range $108.00–$108.99)
Sale Price Tranche 4
$109.38 per share
Weighted-average price for sale of 3,000 common shares (range $109.02–$109.84)
Sale Price Tranche 5
$111.28 per share
Price for sale of 249 common shares
Key Terms
Rule 10b5-1 trading plan, weighted average price, Stock Option (Right to Buy), fully vested and exercisable
4 terms
Rule 10b5-1 trading plan regulatory
"transactions were effected under 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 is a weighted average price. These shares were sold"
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)""
fully vested and exercisable financial
"This option is fully vested and exercisable as of the date hereof"
FAQ
What insider transactions did MANE CEO Reid Alexander Waldman report on August 17, 2026?
Reid Alexander Waldman reported exercising 3,452 stock options at an exercise price of $12.19 per share and selling 67,500 common shares in multiple open-market tranches on 2026-08-17, according to the Form 4 for Veradermics, Inc (MANE).
Were the Veradermics (MANE) insider sales made under a Rule 10b5-1 trading plan?
Yes. The filing indicates the transactions were effected under a Rule 10b5-1 trading plan. Such plans pre-schedule trades, which can reduce the informational value of the timing of these insider sales for outside investors.
What stock option activity did the MANE CEO report in this Form 4?
He reported exercising a Stock Option (Right to Buy) for 3,452 shares of common stock at an exercise price of $12.19 per share. A footnote states this option was fully vested and exercisable as of the transaction date.
Is this MANE Form 4 mainly a buy or a sell from the CEO’s perspective?
The Form 4 reflects a net sale position. While 3,452 shares were acquired through option exercise, the CEO reported selling 67,500 common shares, resulting in net shares disposed according to the transaction summary.
AI-generated analysis. How Rhea-AI works. Not financial advice.