Sagimet Biosciences (SGMT) director sells 18,844 shares under 10b5-1 plan
Rhea-AI Filing Summary
George Kemble, a director of Sagimet Biosciences Inc., sold 18,844 shares of Series A Common Stock on July 20, 2026, at a weighted average price of $7.4575 per share in open-market or private transactions under a Rule 10b5-1 trading plan adopted on August 21, 2025. After these sales, he directly holds 62,161 shares. The reported trades occurred at prices ranging from $7.17 to $7.97 per share.
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Insider Trade Summary 10b5-1
Net Seller: 18,844 shares
Net Sell
1 txn
Insider
Kemble George
Role
Director
Sold
18,844 shs ($141K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Series A Common Stock F1, F2 | 18,844 | $7.4575 | $141K |
Holdings After Transaction:
Series A Common Stock — 62,161 shares (Direct)
Footnotes (2)
- F1. These sales were effected by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted on August 21, 2025.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.17 to $7.97, 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 shares sold at each separate price within the range.
Key Figures
Shares sold: 18,844 shares
Weighted average sale price: $7.4575 per share
Sale price range: $7.17 to $7.97 per share
+2 more
5 metrics
Shares sold
18,844 shares
Series A Common Stock sold by director George Kemble on July 20, 2026
Weighted average sale price
$7.4575 per share
Aggregate price for 18,844 shares sold on July 20, 2026
Sale price range
$7.17 to $7.97 per share
Multiple transactions within this range on July 20, 2026
Shares owned after sale
62,161 shares
Direct holdings of George Kemble following the reported sale
Rule 10b5-1 plan adoption date
August 21, 2025
Adoption date of trading plan used for these sales
Key Terms
Rule 10b5-1 trading plan, weighted average price, Series A Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"These sales were effected ... pursuant to a Rule 10b5-1 trading plan adopted on August 21, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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.
Series A Common Stock financial
"security title: Series A Common Stock reported for this transaction"
Series A common stock is a specific class of a company’s ordinary shares issued during an early formal funding round, carrying the ownership rights and voting power tied to that class. For investors it signals an early-stage equity claim with potential upside if the business grows, but also greater risk and typically less liquidity than shares in mature, publicly traded firms—imagine buying a seat on a startup’s team before the company has proven itself.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Sagimet Biosciences (SGMT) report for director George Kemble?
Director George Kemble reported selling 18,844 shares of Sagimet Biosciences Series A Common Stock on July 20, 2026. The transaction was executed as open-market or private sales under a pre-established Rule 10b5-1 trading plan adopted on August 21, 2025.
Was George Kemble’s SGMT stock sale made under a Rule 10b5-1 trading plan?
Yes, the sales were made under a Rule 10b5-1 trading plan adopted on August 21, 2025. The company also affirms the Rule 10b5-1 status, indicating these trades were pre-arranged rather than discretionary at the time of execution.
What type of security did George Kemble sell in Sagimet Biosciences (SGMT)?
George Kemble sold Series A Common Stock of Sagimet Biosciences Inc., totaling 18,844 shares. The sales were reported as non-derivative transactions, meaning they involved actual common shares rather than options or other derivative securities.