MacroGenics (MGNX) counsel sells 31K shares, now holds none
Rhea-AI Filing Summary
MACROGENICS INC (MGNX) reported that officer Jeffrey Stuart Peters, Senior VP, GC, and Secretary, sold 31,105 shares of common stock on 2026-08-19 in an open-market or private transaction. The sale, effected under a Rule 10b5-1 trading plan adopted on May 20, 2026, was executed in multiple trades at prices ranging from $4.12 to $4.24 per share, with a reported per-share price of $4.15. Following this transaction, Peters reported holding 0 shares of MacroGenics common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 31,105 shares
Net Sell
1 txn
Insider
Peters Jeffrey Stuart
Role
Senior VP, GC, and Secretary
Sold
31,105 shs ($129K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 31,105 | $4.15 | $129K |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Footnotes (2)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 20, 2026.
- F2. This transaction was executed in multiple trades at prices ranging from $4.12 to $4.24. The reporting person undertakes to provide to MacroGenics, Inc., any security holder of MacroGenics, Inc., 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.
Key Figures
Shares sold: 31,105 shares of Common Stock
Reported transaction price: $4.15 per share
Trade price range: $4.12–$4.24 per share
+2 more
5 metrics
Shares sold
31,105 shares of Common Stock
Non-derivative sale on 2026-08-19 by officer Jeffrey Stuart Peters
Reported transaction price
$4.15 per share
Per-share price reported for the 31,105-share sale
Trade price range
$4.12–$4.24 per share
Multiple trades executed within this range on 2026-08-19
Shares owned after transaction
0 shares
Direct common stock holdings reported following the sale
Rule 10b5-1 plan adoption date
May 20, 2026
Date the reporting person adopted the trading plan used for these sales
Key Terms
Rule 10b5-1 trading plan, open market or private transaction, non-derivative
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported ... were effected pursuant to 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.
open market or private transaction market
"transaction_code_description: Sale in open market or private transaction"
non-derivative financial
"transaction_type: non-derivative"
FAQ
What insider transaction did MGNX disclose in this Form 4?
MacroGenics disclosed that officer Jeffrey Stuart Peters sold 31,105 shares of common stock on 2026-08-19 in an open-market or private transaction, reporting a per-share price of $4.15 and post-transaction direct holdings of 0 shares.
Did the MGNX insider sale occur under a Rule 10b5-1 trading plan?
Yes. The Form 4 states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Jeffrey Stuart Peters on May 20, 2026, indicating the trades were pre-arranged under that plan.
What is the role of Jeffrey Stuart Peters at MACROGENICS INC (MGNX)?
Jeffrey Stuart Peters is identified as an officer of MacroGenics, serving as Senior VP, GC, and Secretary. His Form 4 reports his status as an officer but not as a director or 10% owner.
AI-generated analysis. How Rhea-AI works. Not financial advice.