Omeros director sells 7,500 shares after option exercise
Omeros Corp director Thomas J. Cable executed an options exercise-and-sale transaction involving 7,500 shares of common stock.
Rhea-AI Filing Summary
Omeros Corp director Thomas J. Cable executed an options exercise-and-sale transaction involving 7,500 shares of common stock. He exercised stock options to acquire 7,500 shares at $10.84 per share, then sold 7,500 shares in open-market trades at a weighted average price of $11.6052 per share.
The sales were made pursuant to a previously established Rule 10b5-1 trading plan adopted on June 14, 2024, with the trading schedule set at that time. Following these transactions, Cable directly holds 35,067 shares of Omeros common stock. The options exercised were scheduled to expire on June 9, 2026, and the sale trades ranged in price from $11.46 to $11.93 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 7,500 shares ($6K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Cable Thomas J.
Role
Director
Sold
7,500 shs ($87K)
Approx. gross sale proceeds
$87K
Approx. exercise cost
$81K
Approx. pre-tax spread
$6K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 7,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,500 | $10.84 | $81K |
| Sale | Common Stock | 7,500 | $11.6052 | $87K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 contracts (Direct);
Common Stock — 35,067 shares (Direct)
Footnotes (2)
- F1. Open market sale pursuant to a previously established Rule 10b5-1 trading plan adopted by the reporting person on June 14, 2024. The trading schedule, including sale periods and the number of shares to be sold, was established at the time of the trading plan's adoption in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. The shares sold were acquired upon the exercise of vested stock options scheduled to expire on June 9, 2026.
- F2. This transaction was executed in multiple trades at prices ranging from $11.46 to $11.93. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions referenced in this footnote were effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
Key Figures
Shares sold: 7,500 shares
Sale price: $11.6052 per share
Options exercise price: $10.84 per share
+2 more
5 metrics
Shares sold
7,500 shares
Open-market sale on May 22, 2026 at weighted avg price
Sale price
$11.6052 per share
Weighted average sale price; individual trades $11.46–$11.93
Options exercise price
$10.84 per share
Exercise of stock options for 7,500 shares
Post-transaction holdings
35,067 shares
Common stock directly owned after transactions
Option expiration date
June 9, 2026
Original expiration for exercised stock options
Key Terms
Rule 10b5-1 trading plan, weighted average sales price, Stock Option (Right to Buy), open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"Open market sale pursuant to a previously established Rule 10b5-1 trading plan adopted by the reporting person on June 14, 2024."
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.
weighted average sales price financial
"This transaction was executed in multiple trades at prices ranging from $11.46 to $11.93. The price reported above reflects the weighted average sales price."
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy)"
open-market sale financial
"Open market sale pursuant to a previously established Rule 10b5-1 trading plan"
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 insider transaction did OMER director Thomas J. Cable report on this Form 4?
Thomas J. Cable reported an exercise-and-sale transaction involving 7,500 Omeros common shares. He exercised options to acquire 7,500 shares, then sold 7,500 shares the same day in open-market trades under a pre-established Rule 10b5-1 trading plan.
At what price did Thomas J. Cable exercise his OMER stock options?
He exercised stock options covering 7,500 Omeros shares at an exercise price of $10.84 per share. These options were vested and scheduled to expire on June 9, 2026, prompting the derivative exercise reported in the Form 4 filing.
Was Thomas J. Cable’s OMER stock sale made under a Rule 10b5-1 plan?
Yes. The open-market sale was made under a previously established Rule 10b5-1 trading plan adopted on June 14, 2024. The plan set the trading schedule, including sale periods and the number of shares to be sold in advance.
What does the Form 4 reveal about remaining OMER stock options for Thomas J. Cable?
The filing shows a stock option for 7,500 shares labeled with zero remaining following the exercise. The exercised option had a $10.84 exercise price and an original expiration date of June 9, 2026, indicating that specific option grant has been fully exercised.
AI-generated analysis. How Rhea-AI works. Not financial advice.
