SOPHiA GENETICS (SOPH) president sells 2,800 shares under Rule 10b5-1 tax plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SOPHiA GENETICS SA President Ross Muken completed an open-market sale of 2,800 Ordinary Shares at a weighted average price of $4.9597 per share. After this transaction, he directly holds 682,432 shares. The sale was made to cover tax withholding obligations from restricted stock units that vested on April 2 and 3, 2026 and was executed under a pre-established Rule 10b5-1(c) trading plan, meaning it did not represent a discretionary trade.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,800 shares ($13,887)
Net Sell
1 txn
Insider
Muken Ross
Role
President
Sold
2,800 shs ($14K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 2,800 | $4.9597 | $14K |
Holdings After Transaction:
Ordinary Shares — 682,432 shares (Direct)
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 April 2 and 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 $4.75 to $5.16, 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: 2,800 shares
Weighted average sale price: $4.9597 per share
Post-transaction holdings: 682,432 shares
+2 more
5 metrics
Shares sold
2,800 shares
Open-market sale on April 14, 2026
Weighted average sale price
$4.9597 per share
Ordinary Shares sold in multiple transactions
Post-transaction holdings
682,432 shares
Directly owned by Ross Muken after sale
Price range of sales
$4.75–$5.16 per share
Range of individual trade prices for 2,800 shares
Net shares sold
2,800 shares
Net-sell direction per transaction summary
Key Terms
Rule 10b5-1(c) trading plan, tax withholding obligations, restricted stock units, weighted average price, +1 more
5 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.
tax withholding obligations financial
"sold ... in the open market to satisfy tax withholding obligations arising in connection with the vesting"
restricted stock units financial
"tax withholding obligations arising in connection with the vesting of restricted stock units on April 2 and 3, 2026"
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 sale financial
"Represents shares sold by the Reporting Person in the open market"
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.
FAQ
What insider transaction did SOPHiA GENETICS (SOPH) report for Ross Muken?
SOPHiA GENETICS reported that President Ross Muken sold 2,800 Ordinary Shares. The sale was an open-market transaction to cover tax withholding obligations tied to recently vested restricted stock units, and it was executed under a pre-established Rule 10b5-1(c) trading plan.
What does the Rule 10b5-1(c) trading plan note mean in the SOPHiA GENETICS (SOPH) Form 4?
The Form 4 states the sales were effected under a pre-established Rule 10b5-1(c) trading plan. Such plans allow insiders to schedule trades in advance, helping separate routine liquidity or tax-related transactions from discretionary decisions based on current market conditions.