ARS Pharmaceuticals (SPRY) legal chief sells 3,355 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ARS Pharmaceuticals Chief Legal Officer Alexander A. Fitzpatrick reported an open-market sale of 3,355 shares of common stock at $10.00 per share. The trade was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 5, 2025 and leaves him holding 90,910 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,355 shares ($33,550)
Net Sell
1 txn
Insider
Fitzpatrick Alexander A
Role
Chief Legal Officer
Sold
3,355 shs ($34K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,355 | $10.00 | $34K |
Holdings After Transaction:
Common Stock — 90,910 shares (Direct, null)
Footnotes (1)
- The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 5, 2025. Includes 2,907 shares acquired under the Issuer's 2020 Employee Stock Purchase Plan (the "ESPP") on June 30, 2025 and 1,745 shares acquired under the ESPP on December 31, 2025.
Key Figures
Shares sold: 3,355 shares
Sale price: $10.00 per share
Shares held after transaction: 90,910 shares
+2 more
5 metrics
Shares sold
3,355 shares
Open-market sale of common stock
Sale price
$10.00 per share
Reported transaction price
Shares held after transaction
90,910 shares
Direct ownership following sale
ESPP acquisition June 2025
2,907 shares
Acquired under 2020 ESPP on June 30, 2025
ESPP acquisition December 2025
1,745 shares
Acquired under 2020 ESPP on December 31, 2025
Key Terms
Rule 10b5-1 trading plan, Employee Stock Purchase Plan, Common Stock
3 terms
Rule 10b5-1 trading plan financial
"The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 5, 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.
Employee Stock Purchase Plan financial
"Includes 2,907 shares acquired under the Issuer's 2020 Employee Stock Purchase Plan (the "ESPP") on June 30, 2025 and 1,745 shares acquired under the ESPP on December 31, 2025."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did ARS Pharmaceuticals (SPRY) report for Alexander A. Fitzpatrick?
ARS Pharmaceuticals reported that Chief Legal Officer Alexander A. Fitzpatrick sold 3,355 shares of common stock in an open-market transaction at $10.00 per share. After this sale, he directly holds 90,910 shares of ARS Pharmaceuticals common stock.
Was the SPRY insider stock sale by Alexander A. Fitzpatrick pre-planned under Rule 10b5-1?
Yes. The 3,355-share sale by Alexander A. Fitzpatrick was made pursuant to a Rule 10b5-1 trading plan adopted on December 5, 2025. Such plans allow insiders to schedule trades in advance, helping separate transactions from day-to-day market timing decisions.