Tectonic Therapeutic (TECX) CMO sells 1,000 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tectonic Therapeutic, Inc. Chief Medical Officer Marcella K. Ruddy executed an open-market sale of 1,000 shares of Common Stock at $31.05 per share on April 1, 2026. She held 68,747 shares afterward, and the sale was made under a pre-established Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,000 shares ($31,050)
Net Sell
1 txn
Insider
Ruddy Marcella K.
Role
Chief Medical Officer
Sold
1,000 shs ($31K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $31.05 | $31K |
Holdings After Transaction:
Common Stock — 68,747 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,000 shares
Sale price per share: $31.05 per share
Shares owned after transaction: 68,747 shares
+1 more
4 metrics
Shares sold
1,000 shares
Open-market sale on April 1, 2026
Sale price per share
$31.05 per share
Common Stock sale on April 1, 2026
Shares owned after transaction
68,747 shares
Direct ownership following sale
Net shares sold
1,000 shares
Net-sell direction from transaction summary
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"This sale was made 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.
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.
Common Stock financial
"security_title: Common Stock"
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.
FAQ
What did Tectonic Therapeutic (TECX) insider Marcella K. Ruddy do in this Form 4?
Marcella K. Ruddy, Chief Medical Officer of Tectonic Therapeutic, reported an open-market sale of 1,000 shares of Common Stock at $31.05 per share. The transaction was executed on April 1, 2026, and she retained 68,747 shares following the sale.
Was the TECX insider sale by Marcella K. Ruddy made under a Rule 10b5-1 plan?
Yes. A footnote explains the sale was made pursuant to a Rule 10b5-1 trading plan adopted by Marcella K. Ruddy on April 8, 2025. Such pre-arranged plans automate trades, reducing the significance of timing decisions for this transaction.