Roivant executive sells 200K shares after option exercise
Roivant Sciences Ltd. reported insider transactions by President & Immunovant CEO Eric Venker involving both an option exercise and open-market sales of common shares.
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Form Type
4
Rhea-AI Filing Summary
Roivant Sciences Ltd. reported insider transactions by President & Immunovant CEO Eric Venker involving both an option exercise and open-market sales of common shares.
Venker exercised stock options for 200,000 Common Shares at a conversion price of $3.85 per share and received fully vested shares. On the same date, he sold 46,234 Common Shares at a weighted average price of $33.51 and 153,766 Common Shares at a weighted average price of $33.05 in multiple open-market transactions within disclosed price ranges. Following these moves, he directly held 1,613,063 Common Shares and 4,244,834 stock options to purchase additional shares.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Venker Eric
Role
President & Immunovant CEO
Sold
200,000 shs ($6.63M)
Approx. gross sale proceeds
$6.63M
Approx. exercise cost
$770K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 200,000 | $0.00 | $0.00 |
| Exercise | Common Shares | 200,000 | $3.85 | $770K |
| Sale | Common Shares | 153,766 | $33.05 | $5.08M |
| Sale | Common Shares | 46,234 | $33.51 | $1.55M |
Holdings After Transaction:
Stock Option (Right to Buy) — 4,244,834 contracts (Direct);
Common Shares — 1,613,063 shares (Direct)
Footnotes (3)
- F1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.23 to $33.22, 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.
- F2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.23 to $33.98, 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.
- F3. Reflects an award of stock options to purchase Common Shares that is fully vested.
Key Figures
Shares sold: 200,000 shares
Sale price (46,234 shares): $33.51 per share
Sale price (153,766 shares): $33.05 per share
+4 more
7 metrics
Shares sold
200,000 shares
Open-market sales of Common Shares on 2026-06-24
Sale price (46,234 shares)
$33.51 per share
Weighted average price for 46,234 Common Shares sold
Sale price (153,766 shares)
$33.05 per share
Weighted average price for 153,766 Common Shares sold
Options exercised
200,000 shares
Stock option exercise at $3.85 conversion price on 2026-06-24
Option exercise price
$3.85 per share
Conversion price for exercised stock options
Post-transaction common holdings
1,813,063 shares
Common Shares held directly after transactions
Remaining stock options
4,244,834 options
Stock options to purchase Common Shares after transactions
Key Terms
weighted average price, stock options, open-market sale, derivative security, +1 more
5 terms
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
stock options financial
"Reflects an award of stock options to purchase Common Shares that is fully vested."
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
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 security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
fully vested financial
"Reflects an award of stock options to purchase Common Shares that is fully vested."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did ROIV executive Eric Venker report?
Eric Venker reported exercising stock options for 200,000 Common Shares and selling 200,000 Common Shares in open-market trades. The transactions combined a derivative exercise with two weighted-average price share sales on the same date.
At what price did Eric Venker exercise ROIV stock options?
Eric Venker exercised stock options to acquire 200,000 Roivant Sciences Common Shares at a conversion price of $3.85 per share. The options related to these shares are fully vested and carried an expiration date in April 2032.
Are Eric Venker’s exercised ROIV stock options fully vested?
Yes. The filing notes that the award of stock options to purchase 200,000 Roivant Sciences Common Shares is fully vested. This means all those option rights were exercisable when he completed the reported option exercise transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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