Tectonic Therapeutic (TECX) CMO sells 1,065 shares in 10b5-1 trade
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 1,065 shares of Common Stock at $30.00 per share on May 4, 2026. Following this transaction, she directly holds 67,682 shares of the company’s Common Stock. The sale was executed under a Rule 10b5-1 trading plan adopted on April 8, 2025, indicating it was pre-arranged rather than a discretionary trade.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,065 shares ($31,950)
Net Sell
1 txn
Insider
Ruddy Marcella K.
Role
Chief Medical Officer
Sold
1,065 shs ($32K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,065 | $30.00 | $32K |
Holdings After Transaction:
Common Stock — 67,682 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,065 shares
Sale price per share: $30.00 per share
Shares held after transaction: 67,682 shares
+2 more
5 metrics
Shares sold
1,065 shares
Open-market sale of Common Stock on May 4, 2026
Sale price per share
$30.00 per share
Price for the 1,065 Common Stock shares sold
Shares held after transaction
67,682 shares
Direct holdings of CMO Marcella K. Ruddy after the sale
Transaction type code
Code S
Sale in open market or private transaction
10b5-1 plan adoption date
April 8, 2025
Date the Rule 10b5-1 trading plan was adopted
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock, Form 4
4 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" for the 1,065 Common Stock shares"
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" for the 1,065-share transaction"
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.
Form 4 regulatory
"The insider activity was disclosed in a Form 4 insider trading report"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did TECX’s Chief Medical Officer report?
Tectonic Therapeutic’s Chief Medical Officer, Marcella K. Ruddy, reported selling 1,065 shares of Common Stock at $30.00 per share. The transaction was an open-market sale and was disclosed on a Form 4 insider trading report.
Was the TECX insider sale by the CMO under a Rule 10b5-1 plan?
Yes. The sale of 1,065 shares by Chief Medical Officer Marcella K. Ruddy was made pursuant to a Rule 10b5-1 trading plan. The footnote states this plan was adopted on April 8, 2025, indicating the trade was pre-arranged.
What type of transaction was reported in the TECX Form 4 filing?
The Form 4 reports an open-market sale of Common Stock, coded “S” for Sale in open market or private transaction. Chief Medical Officer Marcella K. Ruddy sold 1,065 shares at $30.00 per share and retained 67,682 shares afterward.
Does the Tectonic Therapeutic (TECX) Form 4 show any option exercises?
No. The insider data shows no derivative transactions and no option exercises. The filing only reports a single non-derivative transaction: an open-market sale of 1,065 Common Stock shares at $30.00 per share by the Chief Medical Officer.