[144] Avidity Biosciences, Inc. SEC Filing
Rhea-AI Filing Summary
Avidity Biosciences (RNA) filing a Form 144 notifies the proposed sale of 20,000 common shares held by a person for whose account the sale is to be made. The shares were acquired on 09/11/2025 by exercise of stock options from the issuer and paid for in cash on the same date. The aggregate market value of the proposed sale is reported as $928,000.00 and the issuer's outstanding shares are listed as 128,653,337. The sale is expected to occur on or about 09/11/2025 through NASDAQ via Morgan Stanley Smith Barney LLC Executive Financial Services. The filing states there were no securities sold by the person in the past three months.
Positive
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Negative
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Insights
TL;DR: Routine insider sale notice for 20,000 shares following option exercise; limited immediate market impact.
The Form 144 documents a proposed sale by a person who acquired 20,000 common shares via option exercise on 09/11/2025 and intends to sell on or about that date through Morgan Stanley Smith Barney LLC. The filing includes the aggregate market value of $928,000 and reports no sales in the prior three months. This is a standard Rule 144 disclosure showing an insider meeting the required notice procedures before offering shares for sale.
TL;DR: Compliance-oriented disclosure; confirms exercise and planned sale but provides limited governance implications.
The notice indicates the securities were acquired from the issuer by exercise of stock options and paid in cash on 09/11/2025, with the seller representing no undisclosed material adverse information. The form lists the broker and exchange, fulfilling procedural requirements under Rule 144. No past three-month sales are reported, which simplifies aggregation rules. The filing is procedural and does not, by itself, indicate changes in management or control.