Tango Therapeutics, Inc. (TNGX) president exercises options and sells shares
Rhea-AI Filing Summary
Tango Therapeutics, Inc. reported that Crystal Adam, President, R&D, exercised stock options to acquire 27,000 shares of common stock at $5.20 per share and, on the same date, sold 27,000 shares in two tranches of 5,267 and 21,733 shares at weighted average prices of $26.7895 and $27.3509 per share. These transactions were effected under a Rule 10b5-1 trading plan adopted on October 27, 2025, and following the option exercise she held 287,040 stock options to purchase common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 27,000 shares ($595K approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
Crystal Adam
Role
President, R&D
Sold
27,000 shs ($736K)
Approx. gross sale proceeds
$736K
Approx. exercise cost
$140K
Approx. pre-tax spread
$595K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F1, F4 | 27,000 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 27,000 | $5.20 | $140K |
| Sale | Common Stock F1, F2 | 5,267 | $26.7895 | $141K |
| Sale | Common Stock F1, F3 | 21,733 | $27.3509 | $594K |
Holdings After Transaction:
Stock Option (Right to Buy) — 287,040 shares (Direct);
Common Stock — 115,743 shares (Direct)
Footnotes (4)
- F1. These transactions were effected by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted on October 27, 2025.
- F2. Represents the weighted average sales price per share. The shares sold at prices ranging from $26.17 to $27.16 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F3. Represents the weighted average sales price per share. The shares sold at prices ranging from $27.17 to $27.78 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- F4. This option shall vest and become exercisable over a four-year period, at a rate of 25% on February 27, 2024, with the remaining option shares vesting in 36 equal monthly installments thereafter.
Key Figures
Options exercised: 27,000 shares
Option exercise price: $5.20 per share
Shares sold: 27,000 shares
+3 more
6 metrics
Options exercised
27,000 shares
Stock options converted to common stock on August 3, 2026
Option exercise price
$5.20 per share
Exercise price for 27,000 stock options into common stock
Shares sold
27,000 shares
Common shares sold in two tranches on August 3, 2026
Weighted average sale price (tranche 1)
$26.7895 per share
5,267 shares sold; individual trades ranged from $26.17 to $27.16
Weighted average sale price (tranche 2)
$27.3509 per share
21,733 shares sold; individual trades ranged from $27.17 to $27.78
Options held after transaction
287,040 options
Stock options to purchase common shares following the reported exercise
Key Terms
Rule 10b5-1 trading plan, weighted average sales price per share, Stock Option (Right to Buy), vest and become exercisable
4 terms
Rule 10b5-1 trading plan financial
"These transactions were effected by the Reporting Person pursuant to a Rule 10b5-1 trading plan"
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.
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
vest and become exercisable financial
"This option shall vest and become exercisable over a four-year period"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transactions did Tango Therapeutics (TNGX) executive Crystal Adam report?
Crystal Adam, President, R&D, exercised options to acquire 27,000 Tango Therapeutics common shares at $5.20 and sold 27,000 shares the same day at weighted average prices of $26.7895 and $27.3509 per share.
What options did Crystal Adam exercise in this Tango Therapeutics (TNGX) filing?
Adam exercised stock options to purchase 27,000 Tango Therapeutics common shares at an exercise price of $5.20 per share. These options are part of a grant that vests over four years with an initial 25% vesting on February 27, 2024.
How many Tango Therapeutics (TNGX) options does Crystal Adam hold after the transaction?
After exercising 27,000 options, Adam held 287,040 stock options to purchase Tango Therapeutics common shares, as reported in the filing for the derivative security following the August 3, 2026 transaction.
Were Crystal Adam’s Tango Therapeutics (TNGX) trades made under a Rule 10b5-1 plan?
Yes. The filing states these transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on October 27, 2025, indicating they followed a pre-established trading schedule rather than discretionary timing.