Spyre Therapeutics legal chief sells 28,933 shares
The sale prices were weighted averages; the transaction-specific price ranges were $88.63 to $89.53, $89.96 to $90.95, $91.10 to $92.09, $92.12 to $93.09, and $93.17 to $93.75.
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Rhea-AI Filing Summary
Spyre Therapeutics, Inc. Chief Legal Officer and Corporate Secretary Heidy King-Jones exercised options for 28,933 common shares at $14.50 per share on October 1, 2026, then sold 28,933 shares in five transactions under a Rule 10b5-1 trading plan adopted April 16, 2026. The sales had weighted-average prices of $89.24 (400 shares), $90.35 (16,605), $91.35 (7,228), $92.70 (2,100), and $93.46 (2,600) per share. The reported post-exercise stock-option position was 482,478 underlying shares.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F1, F7 | 28,933 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 28,933 | $14.50 | $420K |
| Sale | Common Stock F1, F2 | 400 | $89.24 | $36K |
| Sale | Common Stock F1, F3 | 16,605 | $90.35 | $1.50M |
| Sale | Common Stock F1, F4 | 7,228 | $91.35 | $660K |
| Sale | Common Stock F1, F5 | 2,100 | $92.70 | $195K |
| Sale | Common Stock F1, F6 | 2,600 | $93.46 | $243K |
Footnotes (7)
- F1. This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on April 16, 2026.
- F2. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $88.63 to $89.53, 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.
- F3. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $89.96 to $90.95, 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.
- F4. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $91.10 to $92.09, 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.
- F5. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $92.12 to $93.09, 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.
- F6. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $93.17 to $93.75, 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.
- F7. This option represents the right to purchase 539,810 shares of the Issuer's common stock (which have been adjusted to reflect the Issuer's 1-for-25 reverse stock split on September 8, 2023), one quarter of which vested and became exercisable on September 1, 2024, with the remaining three quarters vesting in monthly installments over the following three years, subject to the Reporting Person's continued employment with the Issuer.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average price financial
vesting technical
exercisable financial
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