Relay Therapeutics (NASDAQ: RLAY) CFO logs 19,517-share sale under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Relay Therapeutics, Inc. Chief Financial Officer Thomas Catinazzo reported option exercises and share sales. On April 9, 2026, he exercised a stock option to acquire 1,800 shares of common stock at $5.22 per share and then sold 1,800 shares at $15.00 per share.
On April 7, 2026, he sold an additional 17,717 shares of common stock at a weighted average price of $13.01 per share, with trades executed between $12.42 and $13.46. The filing states these transactions were made under a Rule 10b5-1 trading plan. After these transactions, he directly owns 213,867 shares, including 13,075 shares underlying restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 19,517 shares ($257,498)
Net Sell
4 txns
Insider
Catinazzo Thomas
Role
Chief Financial Officer
Sold
19,517 shs ($257K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 1,800 | $0.00 | -- |
| Exercise | Common Stock | 1,800 | $5.22 | $9K |
| Sale | Common Stock | 1,800 | $15.00 | $27K |
| Sale | Common Stock | 17,717 | $13.01 | $230K |
Holdings After Transaction:
Stock Option (Right to Buy) — 61,563 shares (Direct);
Common Stock — 215,667 shares (Direct)
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 $12.42 to $13.46. 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 13,075 shares underlying restricted stock units. On March 2, 2020, the reporting person was granted an option to purchase 63,363 shares of common stock, subject to determination by the Board of Directors of the Issuer (the "Board") that the Issuer met, in whole or in part, certain milestones (the "2020 Option Grant Criteria"). On June 23, 2020, the Board determined that the 2020 Option Grant Criteria related to 25% of the option had been achieved, and the shares underlying 25% of this option, or 15,841 shares, commenced vesting in sixteen (16) equal quarterly installments following September 23, 2020. On December 11, 2020, the Board determined that the 2020 Option Grant Criteria related to the remaining 75% of the option had been achieved. The shares underlying 75% of this option, or 47,522 shares, vested in sixteen (16) equal quarterly installments following March 11, 2021.
Key Figures
Option exercise shares: 1,800 shares
Option exercise price: $5.22/share
Shares sold at $15.00: 1,800 shares
+5 more
8 metrics
Option exercise shares
1,800 shares
Stock option exercise into common stock on April 9, 2026
Option exercise price
$5.22/share
Exercise price for 1,800-share stock option
Shares sold at $15.00
1,800 shares
Common stock sale on April 9, 2026
Shares sold at $13.01 avg
17,717 shares
Weighted average sale price on April 7, 2026
Total shares sold
19,517 shares
Net sell shares in this Form 4
Post-transaction holdings
213,867 shares
Directly owned Relay Therapeutics common stock after transactions
RSUs included in holdings
13,075 shares
Shares underlying restricted stock units within total holdings
Option expiration
March 1, 2030
Expiration date of the original stock option grant
Key Terms
Rule 10b5-1 trading plan, restricted stock units, weighted average sale price, Stock Option (Right to Buy), +2 more
6 terms
Rule 10b5-1 trading plan financial
"The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
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 13,075 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.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
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.
milestones financial
"the Issuer met, in whole or in part, certain milestones (the "2020 Option Grant Criteria")"
Milestones are specific, measurable progress points a company aims to reach during a project—like completing a clinical trial step, securing a regulatory approval, or hitting a sales target. They matter to investors because each checkpoint reduces uncertainty about the business plan, can trigger payments or changes in valuation, and often signals whether future revenue or growth is likely, similar to passing checkpoints on a racecourse that show how close you are to the finish line.
FAQ
What insider transactions did Relay Therapeutics (RLAY) CFO report?
Relay Therapeutics CFO Thomas Catinazzo exercised options for 1,800 shares at $5.22 and sold a total of 19,517 common shares. The sales occurred at $15.00 and at a weighted average of $13.01, according to the Form 4 filing.
What option exercise did the Relay Therapeutics (RLAY) CFO report?
He exercised a stock option covering 1,800 underlying shares of common stock at an exercise price of $5.22 per share. The option was originally part of a larger grant that vested over time upon the company meeting specified milestone-based criteria.
At what prices were the Relay Therapeutics (RLAY) CFO’s April 7 sales executed?
The April 7, 2026 sale of 17,717 shares used a weighted average price of $13.01 per share. Individual trades occurred within a price range from $12.42 to $13.46, as disclosed in the transaction footnote.