Metagenomi director buys 20,000 shares
Metagenomi Therapeutics, Inc. (MGX) director Reid Laurence reported open-market purchases of a total of 20,000 shares of common stock on September 9, 2026.
Rhea-AI Filing Summary
Metagenomi Therapeutics, Inc. (MGX) director Reid Laurence reported open-market purchases of a total of 20,000 shares of common stock on September 9, 2026. The purchases included 19,883 shares at a weighted average price of $1.17 per share and 117 shares at $1.18 per share. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,000 shares
Net Buy
2 txns
Insider
Reid Laurence
Role
Director
Bought
20,000 shs ($23K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 19,883 | $1.17 | $23K |
| Purchase | Common Stock | 117 | $1.18 | $138.06 |
Holdings After Transaction:
Common Stock — 20,000 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $1.165 to $1.175. Full information regarding the number of shares purchased at each separate price can be furnished to the SEC staff upon request.
Key Figures
Total shares purchased: 20,000 shares
Shares in weighted-average trade: 19,883 shares
Weighted average purchase price: $1.17 per share
+2 more
5 metrics
Total shares purchased
20,000 shares
Common stock bought by director on September 9, 2026
Shares in weighted-average trade
19,883 shares
Purchased at weighted average price on September 9, 2026
Weighted average purchase price
$1.17 per share
For 19,883-share transaction; individual prices $1.165–$1.175
Second trade price
$1.18 per share
For 117-share purchase on September 9, 2026
Number of purchase transactions
2 transactions
Open-market or private purchases of common stock
Key Terms
weighted average price, Rule 10b5-1, open market or private transaction
3 terms
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.
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for these transactions."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open market or private transaction financial
"Purchase in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did MGX director Reid Laurence report on this Form 4?
He reported open-market purchases totaling 20,000 shares of Metagenomi Therapeutics common stock on September 9, 2026, split between two separate transactions.
Were the September 9, 2026 MGX insider purchases under a Rule 10b5-1 plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported for these transactions.
What type of security did the MGX insider purchase on September 9, 2026?
The reporting person purchased common stock of Metagenomi Therapeutics, Inc. in open-market or private transactions, as described in the Form 4.
How many separate purchase transactions did MGX report on this Form 4?
The Form 4 shows two separate purchase transactions in Metagenomi Therapeutics common stock on September 9, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.