908 Devices (MASS) director sells 9,900 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
908 Devices Inc. director Christopher D. Brown reported an open-market sale of 9,900 shares of common stock at a weighted average price of $9.04 per share. The trades were executed at prices ranging from $9.00 to $9.08.
These transactions were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on November 24, 2025. After the sale, Brown directly holds 865,559 shares of 908 Devices common stock, indicating he retains a substantial equity position in the company.
Positive
- None.
Negative
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Insider Trade Summary 10b5-1
Net Seller: 9,900 shares ($89,496)
Net Sell
1 txn
Insider
Brown Christopher D.
Role
null
Sold
9,900 shs ($89K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,900 | $9.04 | $89K |
Holdings After Transaction:
Common Stock — 865,559 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 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.00 to $9.08 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: 9,900 shares
Weighted average sale price: $9.04 per share
Sale price range: $9.00–$9.08 per share
+3 more
6 metrics
Shares sold
9,900 shares
Open-market sale of common stock
Weighted average sale price
$9.04 per share
Sale of 9,900 shares
Sale price range
$9.00–$9.08 per share
Multiple transactions on same date
Shares owned after sale
865,559 shares
Direct holdings following transaction
Trading plan adoption date
November 24, 2025
Rule 10b5-1 plan governing this sale
Transaction date
June 23, 2026
Date of open-market sale
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 by the Reporting Person on November 24, 2025."
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 in multiple transactions..."
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 Christopher D. Brown report for 908 Devices (MASS)?
Christopher D. Brown reported selling 9,900 shares of 908 Devices common stock. The sale was an open-market transaction executed under a pre-arranged Rule 10b5-1 trading plan, providing a structured approach to gradually reducing a small portion of his holdings.
Was Christopher D. Brown’s MASS stock sale made under a Rule 10b5-1 plan?
Yes. The Form 4 specifies the transaction was made pursuant to a Rule 10b5-1 trading plan adopted on November 24, 2025. Such plans pre-schedule trades, helping separate routine portfolio management from discretionary, potentially market-timing-driven transactions.
What does the weighted average price disclosure mean in this MASS Form 4?
The weighted average price of $9.04 indicates Brown’s 9,900 shares were sold in multiple trades between $9.00 and $9.08. The average consolidates those executions, and he offers to provide detailed per-trade information to the issuer, shareholders, or SEC staff upon request.