CSO at NewAmsterdam Pharma (NAMS) exercises options and sells 300,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NewAmsterdam Pharma Co N.V. Chief Scientific Officer Johannes Jacob Pieter Kastelein, through Futurum B.V., exercised options for 300,000 Ordinary Shares at an exercise price of EUR 1.16392 and sold 300,000 shares in open-market transactions around $30 per share between March 5–9, 2026. The shares and options are held indirectly via Futurum and NAP PoolCo B.V. for his benefit, with the reporting person retaining sole voting and investment control.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 300,000 shares ($9,090,868)
Net Sell
9 txns
Insider
Kastelein Johannes Jacob Pieter
Role
Chief Scientific Officer
Sold
300,000 shs ($9.09M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option (right to buy) | 101,409 | $0.00 | -- |
| Exercise | Ordinary Shares | 101,409 | $0.00 | -- |
| Sale | Ordinary Shares | 101,409 | $30.29 | $3.07M |
| Exercise | Option (right to buy) | 94,124 | $0.00 | -- |
| Exercise | Ordinary Shares | 94,124 | $0.00 | -- |
| Sale | Ordinary Shares | 94,124 | $30.32 | $2.85M |
| Exercise | Option (right to buy) | 104,467 | $0.00 | -- |
| Exercise | Ordinary Shares | 104,467 | $0.00 | -- |
| Sale | Ordinary Shares | 104,467 | $30.30 | $3.17M |
Holdings After Transaction:
Option (right to buy) — 520,229 shares (Indirect, See footnote);
Ordinary Shares — 170,711 shares (Indirect, See footnote)
Footnotes (1)
- The exercise price of the option is EUR 1.16392. The Ordinary Shares are held by Futurum B.V. ("Futurum") for the benefit of the Reporting Person. The Reporting Person exercises sole voting and investment control over the Ordinary Shares held by Futurum. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.00 per share to $30.55 per share. 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 in each transaction. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.00 per share to $30.42 per share. 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 in each transaction. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.00 per share to $30.80 per share. 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 in each transaction. The option was granted on November 22, 2022 to replace an option originally granted on July 6, 2021 which was cancelled in connection with the consummation of NewAmsterdam Pharma Company N.V.'s business combination with Frazier Lifesciences Acquisition Corporation. 292,214 of the shares underlying the option immediately vested on the grant date. 25% of the remaining shares underlying the option vested on January 1, 2021, the one-year anniversary of vesting start date, with the remaining shares vesting in equal monthly installments thereafter for three years, subject to the Reporting Person's continued service through each such date. The option was granted to and is held by Futurum through NAP PoolCo B.V. ("PoolCo") for the benefit of the Reporting Person. The Reporting Person exercises sole voting and investment control over the securities held by Futurum through PoolCo. PoolCo has no voting or investment control or pecuniary interest in the securities held on behalf of Futurum. Upon exercise of the option, the Ordinary Shares were issued to Futurum directly, pursuant to a written agreement among Futurum, PoolCo and the Issuer.
FAQ
What insider transactions did NewAmsterdam Pharma (NAMS) report for its Chief Scientific Officer?
NewAmsterdam Pharma reported that Chief Scientific Officer Johannes Jacob Pieter Kastelein exercised options for 300,000 Ordinary Shares and sold 300,000 shares in open-market transactions. The trades occurred between March 5 and March 9, 2026, and were reported as indirect holdings through Futurum B.V. and NAP PoolCo B.V.
What option exercises did the NewAmsterdam Pharma (NAMS) Form 4 disclose for the CSO?
The filing discloses option exercises for a total of 300,000 shares, in blocks of 104,467, 94,124 and 101,409 shares. The option carried an exercise price of EUR 1.16392 per share and was originally granted in November 2022 as a replacement for an earlier canceled option.
Over what period did the NewAmsterdam Pharma (NAMS) insider transactions in this Form 4 occur?
The reported transactions occurred on three dates: March 5, March 6 and March 9, 2026. Each date shows an option exercise converting into Ordinary Shares followed by an open-market sale of an equal number of shares, all reported as indirect holdings associated with the Chief Scientific Officer.
What is notable about the pricing details in the NewAmsterdam Pharma (NAMS) Form 4 sales?
For each sale date, the Form 4 reports a single weighted average price, while footnotes clarify that shares were sold in multiple trades within price ranges around $30.00 to $30.80. The reporting person offers to provide full per-transaction details to the issuer, security holders or SEC staff upon request.