Spyre Therapeutics (SYRE) CEO trades 15,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
Spyre Therapeutics, Inc. CEO Cameron Turtle sold a total of 15,000 shares of common stock on August 3, 2026 in five open-market transactions under a Rule 10b5-1 trading plan adopted on June 20, 2025, at weighted average prices between $93.97 and $97.46 per share.
The sales occurred across trade ranges from $93.42 to $97.47 per share. The reported holdings include 58,108 shares that vest in monthly installments through November 2026, subject to continued service.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 15,000 shares
Net Sell
5 txns
Insider
Turtle Cameron
Role
Chief Executive Officer
Sold
15,000 shs ($1.43M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 800 | $93.97 | $75K |
| Sale | Common Stock F1, F4, F3 | 7,157 | $95.10 | $681K |
| Sale | Common Stock F1, F5, F3 | 5,635 | $95.93 | $541K |
| Sale | Common Stock F1, F6, F3 | 1,392 | $96.82 | $135K |
| Sale | Common Stock F1, F7, F3 | 16 | $97.46 | $2K |
Holdings After Transaction:
Common Stock — 567,540 shares (Direct)
Footnotes (7)
- F1. This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on June 20, 2025.
- F2. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $93.42 to $94.33, 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. Includes 58,108 shares of common stock that vest in monthly installments through November 2026, subject to the continuing service of the Reporting Person on each vesting date.
- F4. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $94.44 to $95.43, 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 $95.45 to $96.44, 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 $96.45 to $97.43, 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. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $97.46 to $97.47, 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.
Key Figures
Total shares sold: 15,000 shares
Tranche 1 sale: 800 shares at $93.97
Tranche 2 sale: 7,157 shares at $95.10
+5 more
8 metrics
Total shares sold
15,000 shares
Aggregate common stock sold by CEO Cameron Turtle on August 3, 2026
Tranche 1 sale
800 shares at $93.97
First reported open-market sale of common stock on August 3, 2026
Tranche 2 sale
7,157 shares at $95.10
Second reported open-market sale of common stock on August 3, 2026
Tranche 3 sale
5,635 shares at $95.93
Third reported open-market sale of common stock on August 3, 2026
Tranche 4 sale
1,392 shares at $96.82
Fourth reported open-market sale of common stock on August 3, 2026
Tranche 5 sale
16 shares at $97.46
Fifth reported open-market sale of common stock on August 3, 2026
Rule 10b5-1 plan adoption date
June 20, 2025
Adoption date of the trading plan governing the August 3, 2026 sales
Time-vesting shares
58,108 shares
Common stock vesting in monthly installments through November 2026, subject to service
Key Terms
Rule 10b5-1 trading plan, weighted average price, vest in monthly installments, common stock
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on June 20, 2025."
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.
vest in monthly installments financial
"Includes 58,108 shares of common stock that vest in monthly installments through November 2026..."
common stock financial
"Includes 58,108 shares of common stock that vest in monthly installments through November 2026..."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Spyre Therapeutics (SYRE) report for August 3, 2026?
Spyre Therapeutics reported that CEO Cameron Turtle sold 15,000 shares of common stock on August 3, 2026 in five open-market trades under a Rule 10b5-1 trading plan adopted on June 20, 2025.
Were the SYRE CEO’s stock sales made under a Rule 10b5-1 plan?
Yes. The filing states the August 3, 2026 sales were executed under a Rule 10b5-1 trading plan adopted on June 20, 2025, indicating the transactions followed a pre-established schedule.
How were the sale prices for the SYRE insider transactions reported?
Each sale’s price is reported as a weighted average price, with footnotes explaining that shares were sold in multiple transactions within specified price ranges, from $93.42 up to $97.47 per share.
What ongoing equity awards does the SYRE CEO have after these sales?
The reported holdings include 58,108 shares of Spyre Therapeutics common stock that vest in monthly installments through November 2026, contingent on Cameron Turtle’s continued service.
How many separate trades did the Spyre Therapeutics (SYRE) CEO execute on August 3, 2026?
The Form 4 lists five separate open-market sale transactions on August 3, 2026, involving share amounts of 800, 7,157, 5,635, 1,392, and 16 shares of common stock.