Relay Therapeutics CEO sells 48K shares at $18.94
Relay Therapeutics’ CEO sold shares under a pre-arranged Rule 10b5-1 plan but continues to hold a substantial direct and indirect equity position.
Rhea-AI Filing Summary
Relay Therapeutics, Inc. (RLAY) President and CEO Sanjiv Patel reported a sale of 48,199 shares of common stock on September 8, 2026 at a weighted average price of $18.94 per share, executed pursuant to a Rule 10b5-1 trading plan adopted on October 30, 2025.
After this sale, he holds 519,500 shares directly and additional shares indirectly through family irrevocable trusts, for which he disclaims beneficial ownership.
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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 ($913K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 48,199 | $18.94 | $913K |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 519,500 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 $18.33 to $19.25. 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: $18.94 per share
Sale price range: $18.33–$19.25 per share
+4 more
7 metrics
Shares sold
48,199 shares
Common stock sale reported for September 8, 2026
Weighted average sale price
$18.94 per share
Open market or private sale on September 8, 2026
Sale price range
$18.33–$19.25 per share
Multiple trades making up the reported transaction
Direct holdings after transaction
519,500 shares
Common stock held directly by Sanjiv Patel after the sale
Patel Family Irrevocable Trust holdings
199,548 shares
Common stock held indirectly via The Patel Family Irrevocable Trust of 2019
SSP Irrevocable Trust holdings
687,355 shares
Common stock held indirectly via The SSP Irrevocable Trust of 2020
Rule 10b5-1 plan adoption date
October 30, 2025
Date the CEO adopted the trading plan used for this sale
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, irrevocable trusts, beneficial ownership, +1 more
5 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"
beneficial ownership regulatory
"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.
independent trustee financial
"An independent trustee is trustee of the trusts"
FAQ
What did RLAY CEO Sanjiv Patel report in this Form 4 transaction?
He reported a sale of 48,199 shares of Relay Therapeutics common stock on September 8, 2026 at a weighted average price of $18.94 per share, classified as a sale in an open market or private transaction.
How was the sale price range for the RLAY CEO’s transaction described?
The sale was executed in multiple trades at prices ranging from $18.33 to $19.25 per share, with the reported $18.94 figure representing the weighted average sale price.
AI-generated analysis. How Rhea-AI works. Not financial advice.