Entrada Therapeutics (TRDA) R&D president sells 25,907 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Entrada Therapeutics, Inc. executive Sethuraman Natarajan, President of Research & Development, reported an open-market sale of 25,907 shares of Common Stock at a weighted average price of $15.3939 per share. The transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 18, 2024, and Natarajan now directly holds 216,317 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 25,907 shares ($398,810)
Net Sell
1 txn
Insider
Sethuraman Natarajan
Role
President, Research & Develop.
Sold
25,907 shs ($399K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 25,907 | $15.3939 | $399K |
Holdings After Transaction:
Common Stock — 216,317 shares (Direct, null)
Footnotes (1)
- The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2024. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.00 to $15.6150, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 25,907 shares
Weighted average sale price: $15.3939 per share
Post-transaction holdings: 216,317 shares
+3 more
6 metrics
Shares sold
25,907 shares
Open-market sale of Common Stock
Weighted average sale price
$15.3939 per share
Open-market transactions on Common Stock
Post-transaction holdings
216,317 shares
Direct ownership after sale
Price range of trades
$15.00 to $15.6150
Range for multiple sale transactions
Trading plan adoption date
November 18, 2024
Rule 10b5-1 trading plan adoption
Transaction date
May 4, 2026
Date of reported open-market sale
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2024."
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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.