Oruka Therapeutics (ORKA) SVP sells 1,587 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Oruka Therapeutics, Inc. Senior Vice President of Finance Arjun Agarwal reported selling 1,587 shares of Common Stock in open-market transactions. The sales occurred at prices of about $82.15 and $80.01 per share. These trades were executed under a pre-arranged Rule 10b5-1 trading plan entered into on February 11, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,587 shares ($128,468)
Net Sell
2 txns
Insider
Agarwal Arjun
Role
Senior Vice President, Finance
Sold
1,587 shs ($128K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 888 | $80.01 | $71K |
| Sale | Common Stock | 699 | $82.145 | $57K |
Holdings After Transaction:
Common Stock — 16,011 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold total: 1,587 shares
First sale size: 699 shares
First sale price: $82.145 per share
+2 more
5 metrics
Shares sold total
1,587 shares
Total Common Stock sold in reported transactions
First sale size
699 shares
Common Stock sold on June 22, 2026
First sale price
$82.145 per share
Price for 699-share sale of Common Stock
Second sale size
888 shares
Common Stock sold on June 22, 2026
Second sale price
$80.010 per share
Price for 888-share sale of Common Stock
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock
3 terms
Rule 10b5-1 trading plan financial
"These sales were effected pursuant to a Rule 10b5-1 trading plan entered into on February 11, 2026."
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.
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.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Oruka Therapeutics (ORKA) disclose in this Form 4?
Oruka Therapeutics disclosed that Senior Vice President of Finance Arjun Agarwal sold 1,587 shares of Common Stock in open-market transactions. The reported sales took place on June 22, 2026 at prices around $80–$82 per share under a trading plan.
Who is the insider involved in the Oruka Therapeutics (ORKA) Form 4 filing?
The insider is Arjun Agarwal, Senior Vice President, Finance of Oruka Therapeutics. He is reported as an officer but not a director or 10% owner. The Form 4 lists his trades as direct ownership transactions in the company’s Common Stock.
Were the Oruka Therapeutics (ORKA) insider sales part of a Rule 10b5-1 plan?
Yes. A footnote states the sales were effected pursuant to a Rule 10b5-1 trading plan entered into on February 11, 2026. Such plans pre-schedule trades, indicating these sales were planned in advance rather than discretionary timing decisions.
What type of transactions are reported in this Oruka Therapeutics (ORKA) Form 4?
The Form 4 reports two non-derivative transactions coded “S,” meaning open-market or private sales of Common Stock. Both are classified as open-market sales and reduce the insider’s directly owned share position by a net 1,587 shares.