RNA CMO exercises at $10.16 and sells 2,209 shares at $47.5394
Rhea-AI Filing Summary
Avidity Biosciences (RNA) reported insider activity by its Chief Medical Officer. On October 22, 2025, the officer exercised a stock option for 2,209 shares at $10.16 and sold 2,209 shares at a weighted-average price of $47.5394, executed under a Rule 10b5-1 trading plan adopted on June 12, 2024.
Following these transactions, the officer held 38,867 shares of common stock directly and 68,458 derivative securities (stock options). The referenced option was granted on January 20, 2024 and vests in equal monthly installments of 2,208 shares until fully vested and exercisable on January 20, 2028.
Positive
- None.
Negative
- None.
Insights
Routine Form 4: option exercise and sale under a 10b5-1 plan.
The CMO exercised an option at $10.16 for 2,209 shares and sold the same number at a weighted-average $47.5394 on October 22, 2025. The filing states these were executed pursuant to a Rule 10b5-1 plan adopted on June 12, 2024, indicating pre-arranged trading parameters.
Post-transaction holdings are 38,867 common shares and 68,458 derivative securities. The option referenced was granted on January 20, 2024 and vests monthly in 2,208-share increments until fully vested by January 20, 2028. Actual market impact depends on overall float and trading volume, which are not detailed here.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 2,209 | $0.00 | -- |
| Exercise | Common Stock | 2,209 | $10.16 | $22K |
| Sale | Common Stock | 2,209 | $47.5394 | $105K |
Footnotes (1)
- The exercises and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person on June 12, 2024. This represents a weighted-average price. These shares were sold in multiple transactions at prices ranging from $46.83 to $49.30. The Reporting Person undertakes to provide the Issuer, any securityholder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. This option was granted on January 20, 2024 and vests in equal installments of 2,208 shares on each monthly anniversary of such grant date, until it is fully vested and exercisable on January 20, 2028.