REGENXBIO (RGNX) CMO 10b5-1 sale, still holding 232,617 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
REGENXBIO Inc. Chief Medical Officer Steve Pakola reported an open-market sale of 15,309 shares of common stock on May 11, 2026 at a weighted average price of $11.02 per share. The transaction was executed under a Rule 10b5-1 trading plan, and he continues to hold 232,617 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 15,309 shares ($168,705)
Net Sell
1 txn
Insider
PAKOLA STEVE
Role
Chief Medical Officer
Sold
15,309 shs ($169K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 15,309 | $11.02 | $169K |
Holdings After Transaction:
Common Stock — 232,617 shares (Direct, null)
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan. This transaction was executed in multiple trades at prices ranging from $11.00 to $11.10. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Key Figures
Shares sold: 15,309 shares
Weighted average sale price: $11.02 per share
Post-transaction holdings: 232,617 shares
+3 more
6 metrics
Shares sold
15,309 shares
Open-market sale on May 11, 2026
Weighted average sale price
$11.02 per share
Common stock sale on May 11, 2026
Post-transaction holdings
232,617 shares
Shares directly held after sale
Transaction code
S (sale)
Open-market or private transaction code on Form 4
Trading plan
Rule 10b5-1
Sale effected pursuant to a trading plan
Price range
$11.00–$11.10 per share
Individual trades’ execution range noted in footnote
Key Terms
Rule 10b5-1 trading plan, open-market sale, weighted average sale price, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction was 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.
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.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did REGENXBIO (RGNX) report for Steve Pakola?
REGENXBIO reported that Chief Medical Officer Steve Pakola sold 15,309 shares of common stock. The sale occurred on May 11, 2026, as an open-market transaction executed under a Rule 10b5-1 trading plan, according to the Form 4 filing details.
Was the REGENXBIO (RGNX) insider sale made under a Rule 10b5-1 plan?
Yes, the filing notes the sale was executed under a Rule 10b5-1 trading plan. Such plans allow pre-arranged trades according to preset instructions, indicating this transaction was scheduled in advance rather than being a spontaneous market-timing decision by the executive.
What type of transaction did REGENXBIO (RGNX) report for its CMO on Form 4?
The Form 4 describes the transaction as an open-market sale of common stock. It is coded as a “S” transaction, representing a sale in the open market or a private transaction, with pricing details and trading range disclosed in the accompanying footnotes.