Shattuck Labs (STTK) CMO sells 30K shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shattuck Labs, Inc. chief medical officer Arundathy N. Pandite reported an open-market sale of 30,000 shares of common stock. The shares were sold at a weighted average price of $6.61 per share, in multiple trades between $6.41 and $7.03. Following the transaction, she directly holds 166,219 shares. The sale was effected under a pre-arranged Rule 10b5-1 trading plan adopted on February 2, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 30,000 shares ($198,300)
Net Sell
1 txn
Insider
Pandite Arundathy N.
Role
Chief Medical Officer
Sold
30,000 shs ($198K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 30,000 | $6.61 | $198K |
Holdings After Transaction:
Common Stock — 166,219 shares (Direct, null)
Footnotes (1)
- Sale of shares effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 2, 2026. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $6.41 to $7.03, 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 request, full information regarding the number of shares sold at each separate price within the range
Key Figures
Shares sold: 30,000 shares
Weighted average sale price: $6.61 per share
Sale price range: $6.41–$7.03 per share
+2 more
5 metrics
Shares sold
30,000 shares
Open-market sale of common stock on May 12, 2026
Weighted average sale price
$6.61 per share
Average price across multiple sale transactions
Sale price range
$6.41–$7.03 per share
Range of prices for individual trades included in the sale
Shares held after transaction
166,219 shares
Total common shares beneficially owned following the sale
Trading plan adoption date
February 2, 2026
Date Rule 10b5-1 trading plan was adopted
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, non-derivative
4 terms
Rule 10b5-1 trading plan regulatory
"Sale of shares effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
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.
weighted average price financial
"The price reported above is a weighted average price. The shares were sold in multiple transactions"
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.
non-derivative financial
""transaction_type": "non-derivative""
FAQ
What insider transaction did Shattuck Labs (STTK) report for its CMO?
Shattuck Labs reported that chief medical officer Arundathy N. Pandite sold 30,000 shares of common stock. The Form 4 shows this was an open-market sale executed under a pre-arranged Rule 10b5-1 trading plan adopted on February 2, 2026.
Was the Shattuck Labs (STTK) insider sale made under a Rule 10b5-1 plan?
Yes. The Form 4 footnotes state the sale was effected pursuant to a Rule 10b5-1 trading plan. That trading plan was adopted by the reporting person on February 2, 2026, indicating the transactions were pre-arranged rather than newly decided at the trade date.
What type of transaction did the Shattuck Labs (STTK) Form 4 disclose?
The filing disclosed an open-market sale of common stock by the chief medical officer. It is classified with transaction code “S,” described as a sale in an open market or private transaction, and involves non-derivative securities rather than options or other derivatives.