Syndax Pharmaceuticals director sells 8,000 shares
The Rule 10b5-1 plan applied only to equity grants expiring before October 31, 2026, while 127,000 vested options remained immediately exercisable after the sale.
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Rhea-AI Filing Summary
Syndax Pharmaceuticals Inc director Dennis Podlesak exercised options for 8,000 common shares on October 29, 2026, at an $11.81 exercise price, then sold 8,000 shares at a reported $14.2145 per share; sale prices ranged from $14.00 to $14.59. The sales were made under a Rule 10b5-1 plan adopted by Podlesak, covering only equity grants expiring before October 31, 2026. After the sales, he had 127,000 options that were vested and immediately exercisable, and no unvested options.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to buy) F3 | 8,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,000 | $11.81 | $94K |
| Sale | Common Stock F1, F2 | 8,000 | $14.2145 | $114K |
Footnotes (3)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person solely covering equity grants with expiration dates prior to Octobre 31, 2026. Following the sales reported in this Form 4, the Reporting Person has a total of 127,000 options to purchase shares of common stock that are vested and immediately exercisable and no unvested options to purchase shares of common stock.
- F2. The sale prices ranged from $14.00 to $14.59.
- F3. This option is fully vested.
Key Figures
Key Terms
Rule 10b5-1 plan regulatory
fully vested technical
immediately exercisable financial
FAQ
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What happened to Dennis Podlesak's SNDX options?
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