908 Devices (NASDAQ: MASS) director sells 40,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
908 Devices Inc. director Christopher D. Brown reported open-market sales of 40,000 shares of Common Stock. The transactions occurred over three days at prices around $7 per share, under a Rule 10b5-1 trading plan adopted on November 24, 2025.
Brown sold 15,030 shares at a weighted average price of $7.05 on April 8, 7,392 shares at $7.04 on April 9, and 17,578 shares at $7.07 on April 10. After these sales, he continues to hold 945,559 shares directly, indicating he retains a substantial equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 40,000 shares ($282,278)
Net Sell
3 txns
Insider
Brown Christopher D.
Role
Director
Sold
40,000 shs ($282K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 17,578 | $7.07 | $124K |
| Sale | Common Stock | 7,392 | $7.04 | $52K |
| Sale | Common Stock | 15,030 | $7.05 | $106K |
Holdings After Transaction:
Common Stock — 945,559 shares (Direct)
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 $7.25 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). 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 $7.10 inclusive. 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 $7.14 inclusive.
Key Figures
Total shares sold: 40,000 shares
Sale on April 8, 2026: 15,030 shares at $7.05/share
Sale on April 9, 2026: 7,392 shares at $7.04/share
+3 more
6 metrics
Total shares sold
40,000 shares
Aggregate open-market sales reported in April 2026
Sale on April 8, 2026
15,030 shares at $7.05/share
Weighted average price for that day’s transactions
Sale on April 9, 2026
7,392 shares at $7.04/share
Weighted average price for that day’s transactions
Sale on April 10, 2026
17,578 shares at $7.07/share
Weighted average price for that day’s transactions
Shares held after transactions
945,559 shares
Direct ownership after April 10, 2026 sale
Net share change
40,000 shares sold
transactionSummary net-sell shares
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Common Stock
4 terms
Rule 10b5-1 trading plan financial
"This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
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.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did 908 Devices (MASS) director Christopher D. Brown report in this Form 4?
Christopher D. Brown reported selling 40,000 shares of 908 Devices Common Stock in open-market transactions. The sales took place over three days in April 2026 at prices around $7 per share, under a pre-arranged Rule 10b5-1 trading plan.
Were the 908 Devices (MASS) insider sales made under a Rule 10b5-1 plan?
Yes. A footnote states the transactions were made under a Rule 10b5-1 trading plan adopted by Christopher D. Brown on November 24, 2025. Such plans pre-schedule trades, which can make the timing of sales less indicative of short-term views.