Spyre Therapeutics (SYRE) CEO Turtle Cameron sells 15,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Spyre Therapeutics, Inc.'s Chief Executive Officer and director Turtle Cameron reported two open-market sales of common stock. On February 2, 2026, Cameron sold 957 shares at a weighted average price of $31.82 and 14,043 shares at a weighted average price of $32.87, both coded as open-market sales.
The filing states these transactions were executed under a Rule 10b5-1 trading plan adopted on June 20, 2025. After these sales, Cameron beneficially owned 657,540 shares of common stock, which include shares scheduled to vest over approximately one year and shares acquired under the company’s employee stock purchase plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,000 shares ($492,045)
Net Sell
2 txns
Insider
Turtle Cameron
Role
Chief Executive Officer
Sold
15,000 shs ($492K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 957 | $31.82 | $30K |
| Sale | Common Stock | 14,043 | $32.87 | $462K |
Holdings After Transaction:
Common Stock — 671,583 shares (Direct)
Footnotes (1)
- This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on June 20, 2025. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $31.42 to $32.05, 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 (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range. Includes 145,198 shares of common stock that vest in monthly installments over approximately one year, subject to the continuing service of the Reporting Person on each vesting date. Includes 633 shares acquired by the Reporting Person under the Issuer's 2016 Employee Stock Purchase Plan on August 15, 2024. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $32.48 to $33.35, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range.
FAQ
What did Spyre Therapeutics (SYRE) CEO Turtle Cameron report in this Form 4?
The Form 4 reports that CEO and director Turtle Cameron sold common stock in two open-market transactions on February 2, 2026, under a Rule 10b5-1 plan, and continued to beneficially own 657,540 shares of Spyre Therapeutics common stock after the reported sales.
Was the Spyre Therapeutics (SYRE) CEO sale part of a Rule 10b5-1 trading plan?
Yes. The filing states the February 2, 2026 transactions were executed under a Rule 10b5-1 trading plan adopted on June 20, 2025. Such plans allow pre-established trading instructions, helping separate personal portfolio decisions from day-to-day corporate information flows.
What do the weighted average prices in the Spyre Therapeutics (SYRE) Form 4 mean?
The weighted average prices of $31.82 and $32.87 reflect multiple trades executed within stated price ranges on February 2, 2026. The filing notes the CEO will provide, upon request, the exact number of shares sold at each individual price level within those ranges.
Does the Spyre Therapeutics (SYRE) Form 4 mention vesting or employee stock purchase plan shares?
Yes. The beneficial ownership figure includes 145,198 common shares that vest in monthly installments over about one year, contingent on continued service, and 633 shares previously acquired under Spyre Therapeutics’ 2016 Employee Stock Purchase Plan on August 15, 2024.