Tango Therapeutics R&D president sells 5,000 shares
The option was scheduled to vest and become exercisable over four years, with 25% on January 1, 2026, then 36 equal monthly installments.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
At Tango Therapeutics, Inc., President, R&D Crystal Adam exercised options for 5,000 common shares on November 2, 2026, at a $2.91 exercise price. The reported option holding after the exercise was 313,090 shares. On the same date, Adam sold 3,900 shares at a weighted average $22.2617 per share and 1,100 shares at a weighted average $22.9882 per share. The transactions were made under a Rule 10b5-1 trading plan adopted June 10, 2026.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F1, F4 | 5,000 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 5,000 | $2.91 | $15K |
| Sale | Common Stock F1, F2 | 3,900 | $22.2617 | $87K |
| Sale | Common Stock F1, F3 | 1,100 | $22.9882 | $25K |
Footnotes (4)
- F1. These transactions were effected by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted on June 10, 2026.
- F2. Represents the weighted average sales price per share. The shares sold at prices ranging from $21.83 to $22.8299 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 $22.84 to $23.8399 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 January 1, 2026, with the remaining option shares vesting in 36 equal monthly installments thereafter.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
vest and become exercisable financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were the terms of Crystal Adam's TNGX option exercise?
AI-generated analysis. How Rhea-AI works. Not financial advice.