Arcus Biosciences (RCUS) president trades 68,569 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arcus Biosciences president Juan C. Jaen reported open-market sales of 68,569 shares of common stock on July 9–10, 2026, executed indirectly through a trust. The trades, made under a Rule 10b5-1 trading plan, were at weighted-average prices around $28.61–$30.05 per share. He continues to hold substantial positions, including 378,291 shares held directly and more than 800,000 shares held indirectly via a trust.
Positive
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Negative
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 68,569 shares ($2,031,919)
Net Sell
4 txns
Insider
Jaen Juan C.
Role
President
Sold
68,569 shs ($2.03M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 19,799 | $28.608 | $566K |
| Sale | Common Stock | 268 | $29.397 | $8K |
| Sale | Common Stock | 48,502 | $30.053 | $1.46M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 822,508 shares (Indirect, By Trust);
Common Stock — 378,291 shares (Direct)
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.86 to $30.57, inclusive. 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 at each separate price within the ranges set forth in this footnote. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.17 to $29.01, inclusive. 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 at each separate price within the ranges set forth in this footnote. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.30 to $29.46, inclusive. 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 at each separate price within the ranges set forth in this footnote. Includes the unvested portion of the Reporting Person's RSU grants.
Key Figures
Total shares sold: 68,569 shares
Block sale price (48,502 shares): $30.0530 per share
Sale price (19,799 shares): $28.6080 per share
+3 more
6 metrics
Total shares sold
68,569 shares
Aggregate common shares sold indirectly via trust on 2026-07-09 and 2026-07-10
Block sale price (48,502 shares)
$30.0530 per share
Weighted-average price for 48,502 shares sold indirectly on 2026-07-09
Sale price (19,799 shares)
$28.6080 per share
Weighted-average price for 19,799 shares sold indirectly on 2026-07-10
Sale price (268 shares)
$29.3970 per share
Weighted-average price for 268 shares sold indirectly on 2026-07-10
Direct holdings
378,291 shares
Common stock held directly as shown in holding entry dated 2026-07-09
Indirect trust holdings (example)
822,240 shares
Common shares held indirectly by trust after a reported sale on 2026-07-10
Key Terms
Rule 10b5-1 trading plan, weighted average price, RSU grants
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
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 price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
RSU grants financial
"Includes the unvested portion of the Reporting Person's RSU grants."
FAQ
Were Juan C. Jaen’s Arcus Biosciences (RCUS) stock sales pre-planned under Rule 10b5-1?
Yes. A footnote states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. Such plans pre-schedule trades, reducing the significance of trade timing as an indicator of sentiment.
Do the Arcus Biosciences (RCUS) Form 4 footnotes disclose anything about RSUs?
Yes. One footnote explains that the reported share totals include the unvested portion of Juan C. Jaen’s RSU grants. This indicates part of his reported holdings consists of restricted stock units that have not yet fully vested.