CFO at Relay Therapeutics (RLAY) sells shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Relay Therapeutics, Inc. Chief Financial Officer Thomas Catinazzo sold 17,717 shares of common stock in open-market transactions on July 6, 2026 at a weighted average price of $18.69 per share. The trades were executed under a pre-arranged Rule 10b5-1 trading plan adopted on October 30, 2025, meaning the sales were scheduled in advance.
The sale was completed in multiple trades at prices ranging from $18.39 to $19.38 per share. After these transactions, Catinazzo directly owns 159,744 shares of Relay Therapeutics common stock, which includes 9,807 shares underlying restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 17,717 shares ($331,131)
Net Sell
1 txn
Insider
Catinazzo Thomas
Role
Chief Financial Officer
Sold
17,717 shs ($331K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 17,717 | $18.69 | $331K |
Holdings After Transaction:
Common Stock — 159,744 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. This transaction was executed in multiple trades at prices ranging from $18.39 to $19.38. 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. Includes 9,807 shares underlying restricted stock units.
Key Figures
Shares sold: 17,717 shares
Weighted average sale price: $18.69 per share
Post-transaction holdings: 159,744 shares
+3 more
6 metrics
Shares sold
17,717 shares
Open-market sale on July 6, 2026
Weighted average sale price
$18.69 per share
Common stock sale
Post-transaction holdings
159,744 shares
Direct ownership after sale
RSUs included in holdings
9,807 shares
Shares underlying restricted stock units
Trade price range
$18.39–$19.38 per share
Multiple executions on July 6, 2026
10b5-1 plan adoption date
October 30, 2025
Governing the reported sale
Key Terms
Rule 10b5-1 trading plan, restricted stock units, open-market sale, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted..."
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 9,807 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.
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.
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 Relay Therapeutics (RLAY) disclose for its CFO?
Relay Therapeutics reported that CFO Thomas Catinazzo sold 17,717 shares of common stock in open-market transactions at a weighted average price of $18.69 per share on July 6, 2026, according to a Form 4 insider trading filing.
Was the Relay Therapeutics (RLAY) CFO’s stock sale pre-planned?
Yes. The Form 4 states the reported transaction was executed under a Rule 10b5-1 trading plan adopted by CFO Thomas Catinazzo on October 30, 2025, indicating the sale was scheduled in advance rather than being a discretionary, same-day trading decision.
What type of security did the Relay Therapeutics (RLAY) CFO sell?
CFO Thomas Catinazzo sold shares of Relay Therapeutics’ Common Stock. The Form 4 classifies the transaction as a non-derivative, open-market sale, distinguishing it from option exercises or other derivative security transactions.
Does the Relay Therapeutics (RLAY) Form 4 mention restricted stock units for the CFO?
Yes. A Form 4 footnote states that the CFO’s post-transaction holdings of 159,744 shares include 9,807 shares underlying restricted stock units, indicating a portion of his position is tied to equity-based compensation awards.