Insider at Scholar Rock (SRRK) sells 2,544 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Scholar Rock Holding Corp director Michael Gilman sold 2,544 shares of common stock in open-market transactions on July 1, 2026. The sales were made under a Rule 10b-5-1 trading plan adopted on March 31, 2026 to cover tax obligations from vesting restricted stock units.
Prices ranged from about $52.97 to $55.01, reported as weighted average prices for each trade. After these transactions, Gilman holds 52,672 shares of common stock and 6,839 restricted stock units (RSUs), indicating he retains a substantial equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,544 shares ($137,058)
Net Sell
3 txns
Insider
Gilman Michael
Role
null
Sold
2,544 shs ($137K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,346 | $53.544 | $72K |
| Sale | Common Stock | 1,155 | $54.2257 | $63K |
| Sale | Common Stock | 43 | $54.8145 | $2K |
Holdings After Transaction:
Common Stock — 60,709 shares (Direct, null)
Footnotes (1)
- This sale was effected pursuant to a Rule 10b-5-1 trading plan adopted on March 31, 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 $52.970 to $53.955, inclusive. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request. Consists of 53,870 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 $53.960 to $54.750, inclusive. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request. Consists of 52,715 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 $54.790 to $55.010, inclusive. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request. Consists of 52,672 shares of common stock and 6,839 RSUs.
Key Figures
Shares sold: 2,544 shares
Weighted average price 1: $53.5440 per share
Weighted average price 2: $54.2257 per share
+5 more
8 metrics
Shares sold
2,544 shares
Total common stock sold on July 1, 2026
Weighted average price 1
$53.5440 per share
One of three reported weighted average sale prices
Weighted average price 2
$54.2257 per share
One of three reported weighted average sale prices
Weighted average price 3
$54.8145 per share
One of three reported weighted average sale prices
Trading range (low)
$52.970 per share
Lowest price in reported sale ranges
Trading range (high)
$55.010 per share
Highest price in reported sale ranges
Common shares held after
52,672 shares
Common stock beneficially owned after transactions
RSUs held after
6,839 RSUs
Restricted stock units beneficially owned after transactions
Key Terms
Rule 10b-5-1 trading plan, restricted stock units (RSUs), weighted average price
3 terms
Rule 10b-5-1 trading plan regulatory
"This sale was effected pursuant to a Rule 10b-5-1 trading plan adopted on March 31, 2026..."
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.
FAQ
What did Scholar Rock (SRRK) director Michael Gilman report in this Form 4?
Michael Gilman reported selling 2,544 shares of Scholar Rock common stock in open-market transactions on July 1, 2026. The filing also shows that he continues to hold 52,672 shares plus 6,839 RSUs after these trades.
Was Michael Gilman’s Scholar Rock (SRRK) stock sale pre-planned?
Yes. A footnote states the sale was effected under a Rule 10b-5-1 trading plan adopted on March 31, 2026. Such plans schedule trades in advance, often reducing the significance of timing as an indicator of insider sentiment.