908 Devices Inc. (MASS) director sells 20,000 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
908 Devices Inc. director Christopher D. Brown sold shares in a planned transaction. On May 6, 2026, he completed an open-market sale of 20,000 shares of common stock at a weighted average price of $7.23 per share, under a pre-arranged Rule 10b5-1 trading plan adopted on November 24, 2025.
After this sale, Brown directly holds 925,559 shares of 908 Devices common stock. The shares were sold in multiple trades at prices ranging from $7.00 to $7.49 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 20,000 shares ($144,600)
Net Sell
1 txn
Insider
Brown Christopher D.
Role
null
Sold
20,000 shs ($145K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,000 | $7.23 | $145K |
Holdings After Transaction:
Common Stock — 925,559 shares (Direct, null)
Footnotes (1)
- This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 24, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.00 to $7.49 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 set forth in this footnote.
Key Figures
Shares sold: 20,000 shares
Average sale price: $7.23 per share
Post-transaction holdings: 925,559 shares
+1 more
4 metrics
Shares sold
20,000 shares
Open-market sale on May 6, 2026
Average sale price
$7.23 per share
Weighted average across multiple trades
Post-transaction holdings
925,559 shares
Directly held after the sale
Sale price range
$7.00–$7.49 per share
Range of prices for individual trades
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction was 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.
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.
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did 908 Devices (MASS) report for Christopher D. Brown?
908 Devices reported that director Christopher D. Brown sold 20,000 shares of common stock. The sale was an open-market transaction executed under a Rule 10b5-1 trading plan, providing a structured, pre-arranged schedule for selling shares over time.
Was the 908 Devices (MASS) insider sale made under a Rule 10b5-1 plan?
Yes. The Form 4 states the transaction was made under a Rule 10b5-1 trading plan adopted on November 24, 2025. Such plans pre-schedule trades, helping separate routine portfolio management from discretionary, market-timing decisions by insiders.
What does the weighted average price disclosure mean in the 908 Devices (MASS) Form 4?
The Form 4 reports a weighted average sale price of $7.23 for the 20,000 shares. Footnotes explain the shares were sold in multiple trades between $7.00 and $7.49, and Brown can provide detailed trade-by-trade pricing information upon request to interested parties.