UroGen Pharma (URGN) CMO sells 10,000 shares in planned open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UroGen Pharma Ltd. Chief Medical Officer Mark Schoenberg sold 10,000 Ordinary Shares in an open-market transaction at a weighted average price of $35.01 per share, with trades ranging from $35.00 to $35.08, under a pre-adopted Rule 10b5-1(c) trading plan. Following this sale on June 22, 2026, he directly holds 129,763 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares ($350,100)
Net Sell
1 txn
Insider
Schoenberg Mark
Role
Chief Medical Officer
Sold
10,000 shs ($350K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 10,000 | $35.01 | $350K |
Holdings After Transaction:
Ordinary Shares — 129,763 shares (Direct, null)
Footnotes (1)
- Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c). Adoption date of referenced 10b5-1(c) plan is: 08-15-2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 and $35.08. The reporting person undertakes to provide 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 purchased at each separate price within the range.
Key Figures
Shares sold: 10,000 shares
Average sale price: $35.01 per share
Sale price range: $35.00–$35.08 per share
+2 more
5 metrics
Shares sold
10,000 shares
Open-market sale on June 22, 2026
Average sale price
$35.01 per share
Weighted average price for 10,000 shares sold
Sale price range
$35.00–$35.08 per share
Range of individual trade prices
Shares held after sale
129,763 shares
Direct holdings following the transaction
Trading plan adoption date
August 15, 2025
Adoption of Rule 10b5-1(c) plan governing the sale
Key Terms
Rule 10b5-1(c), weighted average price, open-market sale, Ordinary Shares
4 terms
Rule 10b5-1(c) regulatory
"Transaction made pursuant to duly adopted trading plan under Rule 10b5-1(c)."
Rule 10b5-1(c) is an SEC guideline that lets company insiders set up a written, pre-planned schedule to buy or sell their company stock when they are not in possession of material, nonpublic information. For investors, it matters because such plans can reduce the appearance of insider trading by separating decisions from inside knowledge—like putting your trades on autopilot—while also requiring scrutiny since pre-planned trades can still affect market confidence and share value.
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.
FAQ
What did UroGen Pharma (URGN) Chief Medical Officer sell in this Form 4?
The Chief Medical Officer, Mark Schoenberg, sold 10,000 Ordinary Shares of UroGen Pharma. The transaction was an open-market sale at a weighted average price of $35.01 per share, executed across multiple trades within a narrow price range.
Was the URGN insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the transaction was made pursuant to a duly adopted Rule 10b5-1(c) trading plan. Such plans pre-schedule trades, helping separate routine portfolio management from discretionary trading decisions by insiders.
What role does the reporting person hold at UroGen Pharma (URGN)?
The reporting person, Mark Schoenberg, serves as Chief Medical Officer at UroGen Pharma. His position as a senior executive makes his equity transactions reportable on Form 4 under U.S. securities regulations.