Sionna CLO Exercises Options, Sells 10,250 Shares
Sionna Therapeutics, Inc. Chief Legal Officer Jennifer Fitzpatrick reported an option exercise and share sale.
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Rhea-AI Filing Summary
Sionna Therapeutics, Inc. Chief Legal Officer Jennifer Fitzpatrick reported an option exercise and share sale. On March 5, 2026, she exercised a non-qualified stock option for 10,250 shares of common stock at $6.11 per share and immediately sold the same number of shares in an open-market transaction at a weighted average price of $33.8555 per share.
The sale was automatically executed under a Rule 10b5-1 trading plan adopted on June 5, 2025. The shares were sold in multiple trades at prices ranging from $32.56 to $34.83. Following these transactions, she reported 50,935 option shares remaining from this grant and no directly held common shares from this transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (right to buy) | 10,250 | $0.00 | $0.00 |
| Exercise | Common Stock | 10,250 | $6.11 | $63K |
| Sale | Common Stock | 10,250 | $33.8555 | $347K |
Footnotes (3)
- F1. This transaction was automatically executed pursuant to a Rule 10b5-1 trading plan adopted on June 5, 2025.
- F2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $32.56 to $34.83, inclusive. The Reporting Person undertakes to provide to 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 at which the transactions were effected.
- F3. 25% of the shares underlying this option vested on June 3, 2025, with the remainder vesting in thirty-six equal monthly installments thereafter, subject to the Reporting Person's continued service on each such vesting date.
FAQ
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