Nebius CIO sells 500K shares after option exercise
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Form Type
4/A
Rhea-AI Filing Summary
Nebius Group N.V. Chief Infrastructure Officer Andrey Korolenko reported combined option exercises and share sales in Class A Shares. He exercised stock options covering 500,000 Class A Shares at a $100.0000 exercise price and, on the same date, sold 500,000 Class A Shares in an open-market transaction at an average price of $203.2400 per share. Following these transactions, he directly holds 585,209 Class A Shares. The filing notes that the sales were made under a Rule 10b5-1 trading plan adopted on December 2, 2025, and that the options vested in quarterly installments beginning on March 31, 2025.
Insider Trade Summary 10b5-1
Exercise and Sale: 500,000 shares ($51.62M approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Korolenko Andrey
Role
Chief Infrastructure Officer
Sold
500,000 shs ($101.62M)
Approx. gross sale proceeds
$101.62M
Approx. exercise cost
$50.00M
Approx. pre-tax spread
$51.62M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options | 500,000 | $0.00 | $0.00 |
| Exercise | Class A Shares | 500,000 | $0.00 | $0.00 |
| Sale | Class A Shares | 500,000 | $203.24 | $101.62M |
Holdings After Transaction:
Stock Options — 1,500,000 contracts (Direct);
Class A Shares — 585,209 shares (Direct)
Footnotes (2)
- F1. The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 2, 2025.
- F2. The options vested in quarterly installments beginning on March 31, 2025.
Key Figures
Shares sold: 500,000 shares
Sale price: $203.2400 per share
Options exercised: 500,000 shares
+5 more
8 metrics
Shares sold
500,000 shares
Class A Shares sold at $203.2400 on May 13, 2026
Sale price
$203.2400 per share
Open-market sale of Class A Shares
Options exercised
500,000 shares
Stock options exercised into Class A Shares
Option exercise price
$100.0000 per share
Conversion price for stock options into Class A Shares
Post-transaction holdings
1,085,209 shares
Direct Class A Shares held after transactions
Net share change
-500,000 shares
Net-sell direction per transaction summary
Option expiration
April 10, 2035
Original expiration date for exercised stock options
10b5-1 plan adoption date
December 2, 2025
Rule 10b5-1 trading plan governing the sales
Key Terms
Rule 10b5-1 trading plan, stock options, derivative security, open-market sale, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted..."
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.
stock options financial
"The options vested in quarterly installments beginning on March 31, 2025."
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Nebius Group (NBIS) insider Andrey Korolenko report on this Form 4/A?
Andrey Korolenko reported exercising stock options for 500,000 Class A Shares and selling 500,000 Class A Shares in an open-market transaction, all on May 13, 2026, according to the Form 4/A disclosure.
What stock options did Andrey Korolenko exercise in Nebius Group (NBIS)?
He exercised stock options covering 500,000 Class A Shares with a $100.0000 per share exercise price. These options were reported as derivative securities with transaction code M, indicating an exercise or conversion event.
When did Andrey Korolenko’s Nebius Group (NBIS) options start vesting?
The options began vesting in quarterly installments starting on March 31, 2025. This vesting schedule is disclosed in a footnote accompanying the Form 4/A transaction details.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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