Relay CEO sells 48K shares at $20.33 average
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Rhea-AI Filing Summary
Relay Therapeutics, Inc. (RLAY) reported that President and CEO Sanjiv Patel sold 48,199 shares of common stock on August 17, 2026 in an open-market transaction at a weighted average price of $20.33 per share, effected pursuant to a Rule 10b5-1 trading plan adopted on October 30, 2025. Following this sale, he directly held 567,699 shares of common stock. Additional shares totaling 199,548 and 687,355 are held in separate irrevocable trusts for the benefit of his family members, with an independent trustee; Patel disclaims beneficial ownership of those trust-held securities.
Insights
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 48,199 | $20.33 | $980K |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Footnotes (3)
- F1. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 30, 2025.
- F2. This transaction was executed in multiple trades at prices ranging from $19.56 to $20.73. 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.
- F3. These shares are held in irrevocable trusts for the benefit of the reporting person's family members. An independent trustee is trustee of the trusts. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average sale price financial
irrevocable trusts financial
beneficial ownership financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RLAY CEO Sanjiv Patel report on this Form 4?
Was the RLAY CEO’s August 17, 2026 stock sale under a 10b5-1 plan?
What price range did the RLAY CEO’s August 17, 2026 trades execute within?
AI-generated analysis. How Rhea-AI works. Not financial advice.