UroGen Pharma CMO sells 10,000 shares under trading plan
UroGen Pharma Ltd. Chief Medical Officer Mark Schoenberg reported an open-market sale of 10,000 Ordinary Shares of URGN at a weighted average price of $40.00 per share.
Rhea-AI Filing Summary
UroGen Pharma Ltd. Chief Medical Officer Mark Schoenberg reported an open-market sale of 10,000 Ordinary Shares of URGN at a weighted average price of $40.00 per share. The transaction was made pursuant to a duly adopted Rule 10b5-1(c) trading plan and represents the final sale under that plan. Following this sale, Schoenberg holds 119,763 Ordinary Shares directly.
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Insights
Planned CMO share sale under 10b5-1, with substantial holdings retained.
Chief Medical Officer Mark Schoenberg executed an open-market sale of 10,000 UroGen Pharma Ordinary Shares at a weighted average of $40.00 per share. The filing shows this as a standard disposition of non-derivative equity.
The sale occurred under a pre-established Rule 10b5-1(c) trading plan adopted on August 15, 2025, and the footnote states this is the final sale under that plan. Such plans are designed to systematize trading and reduce the significance of timing decisions.
After the transaction, Schoenberg directly holds 119,763 Ordinary Shares, indicating an ongoing equity stake. There are no derivative positions reported in this filing, and no indication of unusual governance or control changes tied to this transaction.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1, F2 | 10,000 | $40.00 | $400K |
Footnotes (2)
- F1. Transaction made pursuant to a duly adopted trading plan under Rule 10b5-1(c). The adoption date of the referenced Rule 10b5-1(c) plan is August 15, 2025. This transaction represents the final sale under such trading plan.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.00 and $40.02. 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
Key Terms
Rule 10b5-1(c) regulatory
weighted average price financial
open-market sale financial
FAQ
What did UroGen Pharma (URGN) Chief Medical Officer Mark Schoenberg report in this Form 4?
Was the URGN insider sale by Mark Schoenberg made under a Rule 10b5-1 trading plan?
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