Roivant Sciences (ROIV) director exercises options, sells 10,000 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Roivant Sciences Ltd. director Meghan Fitzgerald reported an option exercise paired with an open-market sale of common shares. She exercised stock options to acquire 10,000 common shares at $8.80 per share and on the same date sold 10,000 common shares at an average price of $34.90 per share.
Following these transactions, Fitzgerald directly holds 42,963 common shares of Roivant Sciences. The derivative entry shows 38,578 stock options remaining after the exercise, indicating she continues to have a meaningful option position as well as a direct equity stake.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares ($349,000)
Net Sell
3 txns
Insider
Fitzgerald Meghan
Role
null
Sold
10,000 shs ($349K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 10,000 | $0.00 | -- |
| Exercise | Common Shares | 10,000 | $8.80 | $88K |
| Sale | Common Shares | 10,000 | $34.90 | $349K |
Holdings After Transaction:
Stock Option (Right to Buy) — 38,578 shares (Direct, null);
Common Shares — 52,963 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Common shares sold: 10,000 shares
Sale price: $34.90 per share
Options exercised: 10,000 shares
+3 more
6 metrics
Common shares sold
10,000 shares
Open-market sale at $34.90 per share
Sale price
$34.90 per share
Average price for 10,000 common shares sold
Options exercised
10,000 shares
Stock options exercised at $8.80 per share
Exercise price
$8.80 per share
Conversion or exercise price for stock options
Shares owned after
42,963 shares
Direct common share ownership following transactions
Options remaining
38,578 options
Stock Option (Right to Buy) balance after exercise
Key Terms
open-market sale, derivative exercise/conversion, Stock Option (Right to Buy), Common Shares
4 terms
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.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
FAQ
What insider transactions did Roivant Sciences (ROIV) director Meghan Fitzgerald report?
Meghan Fitzgerald reported an exercise-and-sell pattern. She exercised options to acquire 10,000 Roivant Sciences common shares at $8.80 per share, then sold 10,000 common shares in an open-market transaction at an average price of $34.90 per share.
What stock options did Meghan Fitzgerald exercise in Roivant Sciences (ROIV)?
She exercised a Stock Option (Right to Buy) for 10,000 underlying common shares at a conversion or exercise price of $8.80 per share. This derivative exercise converted part of her option holdings into common shares on the same reported date.
How many Roivant Sciences (ROIV) stock options remain for Meghan Fitzgerald after the exercise?
The derivative holdings table shows 38,578 stock options remaining following the exercise of 10,000 options. These options, described as Stock Option (Right to Buy), continue to provide additional potential exposure to Roivant Sciences common shares beyond her direct share ownership.