Scholar Rock (SRRK) director Reed sells 3,053 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Scholar Rock Holding Corp director Joshua Reed sold 3,053 shares of common stock in open-market transactions. The sales on July 1, 2026 were executed at weighted average prices of $53.4958 and $54.2814 per share under a pre-arranged Rule 10b5-1 trading plan. The filing notes the plan was adopted to cover tax obligations tied to the vesting and settlement of restricted stock units, indicating these are largely tax-related, scheduled sales. Following the transactions, Reed holds 20,466 equity-linked units, consisting of 12,679 shares of common stock and 6,839 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,053 shares ($164,067)
Net Sell
2 txns
Insider
Reed Joshua
Role
null
Sold
3,053 shs ($164K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,105 | $53.4958 | $113K |
| Sale | Common Stock | 948 | $54.2814 | $51K |
Holdings After Transaction:
Common Stock — 20,466 shares (Direct, null)
Footnotes (1)
- This sale was effected pursuant to a Rule 10b-5-1 trading plan adopted on March 21, 2026 to cover tax obligations upon the vesting and settlement of restricted stock units (RSUs). The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $53.050 to $54.030, inclusive. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request. Consists of 13,627 shares of common stock and 6,839 RSUs. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $54.040 to $54.795, inclusive. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request. Consists of 12,679 shares of common stock and 6,839 RSUs.
Key Figures
Total shares sold: 3,053 shares
Sale price block 1: $53.4958 per share
Sale price block 2: $54.2814 per share
+5 more
8 metrics
Total shares sold
3,053 shares
Open-market sales on July 1, 2026
Sale price block 1
$53.4958 per share
2,105 shares of common stock sold
Sale price block 2
$54.2814 per share
948 shares of common stock sold
Post-transaction holdings
20,466 equity-linked units
Consists of 12,679 common shares and 6,839 RSUs
Common stock held after
12,679 shares
Component of total 20,466 units following transactions
RSUs held after
6,839 RSUs
Restricted stock units remaining after tax-related sales
10b5-1 plan adoption date
March 21, 2026
Plan used to execute tax-related share sales
Price range block 1
$54.040–$54.795
Weighted average price $54.2814 for 948-share sale
Key Terms
Rule 10b5-1 trading plan, restricted stock units (RSUs), weighted average price, open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"This sale was effected pursuant to a Rule 10b5-1 trading plan adopted on March 21, 2026"
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.
restricted stock units (RSUs) financial
"to cover tax obligations upon the vesting and settlement of restricted stock units (RSUs)"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
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
"transaction_action: "open-market sale""
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 Scholar Rock (SRRK) disclose for Joshua Reed?
Scholar Rock reported that director Joshua Reed sold 3,053 shares of common stock in two open-market transactions on July 1, 2026. The trades were executed at weighted average prices around the mid-$50 range per share.