Nurix (NRIX) CSO executes pre-planned sale of 5,394 shares at $20
Rhea-AI Filing Summary
Nurix Therapeutics, Inc. Chief Scientific Officer Gwenn Hansen executed an open-market sale of 5,394 shares of Common Stock at $20.00 per share. The transaction was carried out under a previously adopted Rule 10b5-1 trading plan, indicating it was pre-scheduled rather than timed discretionarily. Following this sale, Hansen holds 115,005 shares directly, so the filing reflects a relatively small, planned reduction in her overall position.
Positive
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Negative
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Insights
Small pre-planned sale by Nurix CSO, routine in scale.
Chief Scientific Officer Gwenn Hansen sold 5,394 shares of Nurix Therapeutics Common Stock at $20.00 per share in an open-market transaction. After the sale, she continues to hold 115,005 shares directly, indicating she retains a substantial equity position.
The footnote states the sale was executed under a previously adopted Rule 10b5-1 trading plan. Such plans pre-schedule trades, reducing the informational value of the exact timing because transactions occur automatically according to preset instructions.
The number of shares sold is modest relative to the remaining holdings, and there are no derivative exercises or complex restructurings reported. Overall, this looks like a routine, pre-planned liquidity event rather than a signal of a major change in insider sentiment.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,394 | $20.00 | $108K |
Footnotes (1)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
open-market sale financial
Common Stock financial
Form 4 regulatory
FAQ
What insider transaction did Nurix Therapeutics (NRIX) report for Gwenn Hansen?
Was the NRIX insider sale by Gwenn Hansen part of a Rule 10b5-1 plan?
What was the price and size of the Nurix Therapeutics (NRIX) insider sale?
Does the Form 4 for Nurix Therapeutics show any option exercises or derivative transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.