RGNX insider sale: 20,811 shares disposed under 10b5-1 plan
Rhea-AI Filing Summary
Simpson Curran, who is listed as both Chief Executive Officer and a Director of REGENXBIO Inc. (RGNX), reported an open-market sale of company common stock under a pre-existing trading plan. On 10/09/2025 the reporting person disposed of 20,811 shares at a weighted average price of $12.62 per share, with the filing noting the sale was effected pursuant to a Rule 10b5-1 trading plan and executed in multiple trades at prices ranging from $12.50 to $12.84.
Following this reported transaction the reporting person beneficially owned 216,162 shares. The Form 4 was signed via attorney-in-fact on 10/10/2025.
Positive
- Transaction executed under a Rule 10b5-1 plan, indicating pre-arranged compliance steps
- Filing discloses weighted average price range and affirms willingness to provide trade details upon request
- Reporting person retains material ownership with 216,162 shares beneficially owned after the sale
Negative
- Reported disposal of 20,811 shares reduced the reporting person's direct holdings
- Sale reported via Form 4, which may attract investor attention to insider liquidity
Insights
Insider sale under a 10b5-1 plan reduces reported holdings but follows an approved trading defense.
This sale of 20,811 shares at a weighted average of $12.62 was executed under a Rule 10b5-1 plan, which provides an affirmative defense to insider trading claims when properly established and operated. The filing explicitly states the trades occurred in multiple executions between $12.50 and $12.84.
The remaining beneficial ownership of 216,162 shares is disclosed, and the Form 4 was submitted by an attorney-in-fact on 10/10/2025. Monitor subsequent Form 4 filings for additional plan activity or changes in beneficial ownership over the next several reporting periods.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,811 | $12.62 | $263K |
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 $12.50 to $12.84. 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.