Relay Therapeutics (RLAY) R&D chief exercises options and sells 93K shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Relay Therapeutics, Inc. President of R&D Donald A. Bergstrom reported an exercise-and-sale transaction in company stock. On June 22, 2026, he exercised stock options covering 93,456 shares of common stock at $4.12 per share and sold the same number of shares in the open market at a weighted average price of $16.94.
The sale was carried out under a Rule 10b5-1 trading plan adopted on October 30, 2025, indicating it was pre-arranged. Following these transactions, Bergstrom directly holds 512,013 shares of common stock, including 15,037 shares underlying restricted stock units. The exercised option, which had fully vested under a multi-year schedule, now shows 0 derivative shares remaining.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 93,456 shares ($1,583,145)
Net Sell
3 txns
Insider
Bergstrom Donald A
Role
President, R&D
Sold
93,456 shs ($1.58M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 93,456 | $0.00 | -- |
| Exercise | Common Stock | 93,456 | $4.12 | $385K |
| Sale | Common Stock | 93,456 | $16.94 | $1.58M |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct, null);
Common Stock — 512,013 shares (Direct, null)
Footnotes (1)
- The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 30, 2025. Includes 15,037 shares underlying restricted stock units. This transaction was executed in multiple trades at prices ranging from $16.15 to $17.39. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. Twenty-five percent (25%) of the shares underlying this option vested on April 2, 2019 and the remainder vested in equal quarterly installments over the remaining thirty-six (36) months.
Key Figures
Shares sold: 93,456 shares
Weighted average sale price: $16.94 per share
Option exercise price: $4.12 per share
+4 more
7 metrics
Shares sold
93,456 shares
Common stock sold in open market on June 22, 2026
Weighted average sale price
$16.94 per share
Open-market sale range $16.15–$17.39
Option exercise price
$4.12 per share
Stock Option (Right to Buy) underlying 93,456 shares
Shares held after transaction
512,013 shares
Direct common stock holdings following transactions
Restricted stock units included
15,037 shares
Shares underlying restricted stock units within post-transaction holdings
Rule 10b5-1 plan adoption date
October 30, 2025
Date Bergstrom adopted pre-arranged trading plan
Option expiration
April 9, 2028
Expiration date of exercised stock option grant
Key Terms
Rule 10b5-1 trading plan, restricted stock units, Stock Option (Right to Buy), weighted average sale price, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 30, 2025."
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.
restricted stock units financial
"Includes 15,037 shares underlying restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy) with 93,456 underlying Common Stock shares and a $4.12 exercise price."
weighted average sale price financial
"This transaction was executed in multiple trades at prices ranging from $16.15 to $17.39. The price reported above reflects the weighted average sale price."
derivative security financial
"Transaction code M is described as Exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did Relay Therapeutics (RLAY) report for Donald Bergstrom?
Donald A. Bergstrom reported exercising options for 93,456 Relay Therapeutics shares at $4.12 each and selling the same 93,456 shares at a weighted average price of $16.94 per share in an open-market transaction on June 22, 2026.
Was the Relay Therapeutics (RLAY) insider sale by Donald Bergstrom pre-planned?
Yes. The filing states the sale was effected under a Rule 10b5-1 trading plan adopted by Donald A. Bergstrom on October 30, 2025, indicating the trade timing was pre-arranged rather than decided spontaneously in response to short-term market movements.
What prices were involved in Donald Bergstrom’s Relay Therapeutics (RLAY) transactions?
Donald A. Bergstrom exercised stock options at $4.12 per share and sold 93,456 Relay Therapeutics shares at a weighted average sale price of $16.94 per share, with individual trade prices ranging from $16.15 to $17.39 according to the detailed footnote disclosure.
What happened to Donald Bergstrom’s Relay Therapeutics (RLAY) stock options in this filing?
Bergstrom exercised stock options labeled "Stock Option (Right to Buy)" for 93,456 underlying Relay Therapeutics shares at a $4.12 exercise price. After this exercise, the option position reported in the filing shows zero derivative shares remaining, indicating that grant was fully exercised.
How were Donald Bergstrom’s Relay Therapeutics (RLAY) option awards structured before this exercise?
The filing notes that 25% of the shares underlying the option vested on April 2, 2019, with the remaining 75% vesting in equal quarterly installments over 36 months. This schedule means the option was fully vested before the June 22, 2026 exercise and sale.