RGNX Form 144 Filed for 15,358 RSU Shares Sale on NASDAQ
Rhea-AI Filing Summary
REGENXBIO Inc. (RGNX) filed a Form 144 notifying the proposed sale of 15,358 shares of its common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $151,890.62 and an approximate planned sale date of 09/10/2025 on NASDAQ.
The shares were acquired as Restricted Stock Units from the issuer on 01/01/2023 and total outstanding shares are reported as 50,514,216, making the planned sale approximately 0.03% of outstanding stock. The filing affirms the signer does not possess undisclosed material adverse information and indicates no securities were sold in the past three months by the reporting person.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small insider sale disclosed; immaterial to capitalization but relevant for disclosure transparency.
The Form 144 reports a proposed sale of 15,358 shares valued at $151,890.62 scheduled for 09/10/2025 through Morgan Stanley Smith Barney LLC. Given the issuer's reported 50,514,216 shares outstanding, the position represents roughly 0.03% of the float, which is not material to company valuation or liquidity. The shares originated as Restricted Stock Units issued on 01/01/2023, indicating this is likely a planned monetization of compensation rather than a change in control or unexpected divestiture. No shares were sold in the prior three months according to the filing, and the filer affirms absence of undisclosed material information.
TL;DR: Proper disclosure of an insider RSU sale; governance process appears followed.
The notice documents compliance with Rule 144 procedures by disclosing the broker, number of shares, acquisition as RSUs, and planned sale date. The representation that the signer has no undisclosed material adverse information aligns with statutory attestation requirements. The small size of the sale reduces governance concerns about insider signaling, but the filing does not state whether a 10b5-1 plan applies; the form provides space for such a date but leaves it blank, so no explicit trading-plan protection is declared within this notice.