Eric Venker of Roivant Sciences (ROIV) exercises options and sells 200,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Roivant Sciences Ltd. President & Immunovant CEO Eric Venker reported exercising stock options and selling shares on the same day. He exercised options for 200,000 Common Shares at an exercise price of $3.85 per share, then sold 200,000 Common Shares in open-market transactions at a weighted average price of $26.49 per share, with individual sale prices ranging from $26.35 to $26.69. Following these transactions, he directly owned 1,654,597 Common Shares and held 5,044,834 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 200,000 shares ($5,298,000)
Net Sell
3 txns
Insider
Venker Eric
Role
President & Immunovant CEO
Sold
200,000 shs ($5.30M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 200,000 | $0.00 | -- |
| Exercise | Common Shares | 200,000 | $3.85 | $770K |
| Sale | Common Shares | 200,000 | $26.49 | $5.30M |
Holdings After Transaction:
Stock Option (Right to Buy) — 5,044,834 shares (Direct);
Common Shares — 1,854,597 shares (Direct)
Footnotes (1)
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.35 to $26.69, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Shares sold at each separate price within the range. Award of stock options to purchase Common Shares with a vesting commencement date of April 20, 2022. These options vest and become exercisable (i) 25% on the first anniversary of the applicable vesting commencement date and (ii) in 36 equal monthly installments thereafter, subject generally to the reporting person's continuous service through each vesting date (unless otherwise provided in the applicable award documentation).
FAQ
What insider transactions did Eric Venker report for Roivant Sciences (ROIV)?
Eric Venker reported an option exercise and a share sale. He exercised options for 200,000 Roivant Sciences Common Shares at $3.85 per share, then sold 200,000 Common Shares in open-market trades at a weighted average price of $26.49 per share.
What was the exercise price of Eric Venker’s Roivant Sciences stock options?
The exercised Roivant Sciences stock options had an exercise price of $3.85 per Common Share. Venker converted 200,000 options into 200,000 Common Shares, then sold 200,000 Common Shares in the open market on the same reported transaction date.
What role does Eric Venker hold at Roivant Sciences (ROIV)?
Eric Venker serves as President & Immunovant CEO at Roivant Sciences Ltd. His Form 4 filing details personal equity-based compensation activity, including option exercises and related share sales, reflecting how part of his compensation is tied to company stock performance.