Relay Therapeutics (RLAY) CEO sells 48K shares in plan trade
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.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 48,199 shares
Net Sell
3 txns
Insider
Patel Sanjiv
Role
President and CEO
Sold
48,199 shs ($980K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 48,199 | $20.33 | $980K |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 567,699 shares (Direct);
Common Stock — 199,548 shares (Indirect, By The Patel Family Irrevocable Trust of 2019);
Common Stock — 687,355 shares (Indirect, By The SSP Irrevocable Trust of 2020)
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
Shares sold: 48,199 shares
Weighted average sale price: $20.33 per share
Sale price range: $19.56 to $20.73 per share
+4 more
7 metrics
Shares sold
48,199 shares
Common stock sale on August 17, 2026
Weighted average sale price
$20.33 per share
Open-market sale of common stock on August 17, 2026
Sale price range
$19.56 to $20.73 per share
Multiple trades comprising the August 17, 2026 sale
Direct holdings after sale
567,699 shares
Directly held Relay Therapeutics common stock following the transaction
Patel Family Irrevocable Trust of 2019 holdings
199,548 shares
Shares held in irrevocable trust for family members; beneficial ownership disclaimed
SSP Irrevocable Trust of 2020 holdings
687,355 shares
Shares held in irrevocable trust for family members; beneficial ownership disclaimed
10b5-1 plan adoption date
October 30, 2025
Date Sanjiv Patel adopted the Rule 10b5-1 trading plan governing this sale
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, irrevocable trusts, beneficial ownership
4 terms
Rule 10b5-1 trading plan regulatory
"The reported 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.
weighted average sale price financial
"The price reported above reflects the weighted average sale price"
irrevocable trusts financial
"These shares are held in irrevocable trusts for the benefit of the reporting person's family members"
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did RLAY CEO Sanjiv Patel report on this Form 4?
Sanjiv Patel reported a sale of 48,199 shares of Relay Therapeutics common stock on August 17, 2026 at a weighted average price of $20.33 per share, described as an open-market transaction.
Was the RLAY CEO’s August 17, 2026 stock sale under a 10b5-1 plan?
Yes. The filing states the transaction was effected pursuant to a Rule 10b5-1 trading plan that Sanjiv Patel adopted on October 30, 2025, indicating the sale followed a pre-established trading arrangement.
What price range did the RLAY CEO’s August 17, 2026 trades execute within?
The trades were executed in multiple transactions at prices ranging from $19.56 to $20.73 per share. The reported per-share figure of $20.33 represents the weighted average sale price across those trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.