SOPHiA GENETICS (SOPH) chair sells 22,486 shares under 10b5-1 tax plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SOPHiA GENETICS SA Executive Chairman Jurgi Camblong reported an open-market sale of 22,486 Ordinary Shares at a weighted average price of $5.255 per share. According to the filing, the sale was made to satisfy tax withholding obligations from restricted stock unit vesting and was executed under a pre-established Rule 10b5-1(c) trading plan, described as non-discretionary. After this transaction, he directly holds 3,558,807 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 22,486 shares ($118,164)
Net Sell
1 txn
Insider
Camblong Jurgi
Role
Executive Chairman
Sold
22,486 shs ($118K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 22,486 | $5.255 | $118K |
Holdings After Transaction:
Ordinary Shares — 3,558,807 shares (Direct, null)
Footnotes (1)
- Represents shares sold by the Reporting Person in the open market to satisfy tax withholding obligations arising in connection with the vesting of restricted stock units on July 2 and July 3, 2026. These sales were effected pursuant to a pre-established Rule 10b5-1(c) trading plan adopted by the Reporting Person and do not represent discretionary trades. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $4.97 to $5.43, 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 written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 22,486 shares
Weighted average sale price: $5.255 per share
Post-transaction holdings: 3,558,807 shares
+1 more
4 metrics
Shares sold
22,486 shares
Open-market sale on July 6, 2026
Weighted average sale price
$5.255 per share
Open-market sale to satisfy tax withholding
Post-transaction holdings
3,558,807 shares
Ordinary Shares directly held after the sale
Sale price range
$4.97 to $5.43
Multiple transactions within this price range
Key Terms
Rule 10b5-1(c) trading plan, restricted stock units, weighted average price, open market
4 terms
Rule 10b5-1(c) trading plan regulatory
"These sales were effected pursuant to a pre-established Rule 10b5-1(c) trading plan"
A Rule 10b5-1(c) trading plan is a legally defined, pre-set schedule that lets company insiders automatically buy or sell stock at specified times or under set formulas when they are not in possession of undisclosed, sensitive information. Think of it like an automatic payment plan for trades: because the instructions are written in advance, trades under the plan help protect insiders from allegations of trading on secret information and give investors clearer expectations about when insiders will transact, which can affect liquidity and perceived transparency.
restricted stock units financial
"tax withholding obligations arising in connection with the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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.
open market financial
"shares sold by the Reporting Person in the open market to satisfy tax withholding obligations"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
FAQ
What insider transaction did SOPHiA GENETICS (SOPH) report for Jurgi Camblong?
SOPHiA GENETICS reported that Executive Chairman Jurgi Camblong sold 22,486 Ordinary Shares. The shares were sold in an open-market transaction at a weighted average price of $5.255 per share to cover tax withholding obligations from restricted stock unit vesting.
Was the SOPHiA GENETICS (SOPH) insider sale by Jurgi Camblong discretionary?
No. The filing explains the transactions were executed under a pre-established Rule 10b5-1(c) trading plan. It specifically notes that the sales do not represent discretionary trades, meaning the timing and mechanics were set in advance.