Tectonic Therapeutic (TECX) CMO sells 10,000 shares in Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tectonic Therapeutic, Inc. Chief Medical Officer Marcella K. Ruddy reported an open-market sale of 10,000 shares of common stock on March 6, 2026 at a price of $30.00 per share. After this transaction, she directly holds 69,747 shares of the company’s common stock.
The sale was executed under a Rule 10b5-1 trading plan that she adopted on April 8, 2025, indicating the trades were pre-arranged under that plan rather than timed at her discretion.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($300,000)
Net Sell
1 txn
Insider
Ruddy Marcella K.
Role
Chief Medical Officer
Sold
10,000 shs ($300K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $30.00 | $300K |
Holdings After Transaction:
Common Stock — 69,747 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Tectonic Therapeutic (TECX) report for Marcella K. Ruddy?
Tectonic Therapeutic’s Chief Medical Officer, Marcella K. Ruddy, reported selling 10,000 shares of common stock. The shares were sold in an open-market transaction at $30.00 per share on March 6, 2026, according to a Form 4 filing.
Was the TECX insider sale by Marcella K. Ruddy under a Rule 10b5-1 plan?
Yes. The filing states the sale was made under a Rule 10b5-1 trading plan adopted by Marcella K. Ruddy on April 8, 2025. Such plans pre-arrange trades, helping separate them from ad hoc timing decisions by insiders.
What role does Marcella K. Ruddy hold at Tectonic Therapeutic (TECX)?
Marcella K. Ruddy serves as the Chief Medical Officer of Tectonic Therapeutic, Inc. Her position as an executive officer makes her a reporting person for insider transactions, requiring Form 4 filings when she trades company common stock.
What transaction code was used in the TECX Form 4 for Marcella K. Ruddy?
The transaction is coded “S”, which the filing describes as a sale in open market or private transaction. This code confirms the 10,000-share disposition of Tectonic Therapeutic common stock was reported as a sale rather than an acquisition.