UroGen Pharma (URGN) CMO sells 10,000 shares in Rule 10b5-1 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. The shares were sold at a weighted average price of about $30.00 per share, with individual prices ranging from $30.00 to $30.05. After this sale, Schoenberg directly holds 134,985 Ordinary Shares. The transaction was executed pursuant to a pre-arranged trading plan adopted under Rule 10b5-1(c) on 08-15-2025, indicating it was scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares ($300,000)
Net Sell
1 txn
Insider
Schoenberg Mark
Role
Chief Medical Officer
Sold
10,000 shs ($300K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 10,000 | $30.00 | $300K |
Holdings After Transaction:
Ordinary Shares — 134,985 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 $30.00 and $30.05. 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
Weighted average sale price: $30.00 per share
Post-transaction holdings: 134,985 shares
+2 more
5 metrics
Shares sold
10,000 shares
Ordinary Shares sold on 2026-05-08 in open-market transaction
Weighted average sale price
$30.00 per share
Average across multiple trades between $30.00 and $30.05
Post-transaction holdings
134,985 shares
Ordinary Shares directly owned after the reported sale
Price range
$30.00–$30.05
Range of individual trade prices within the 10,000-share sale
Net shares sold
10,000 shares
Net sell direction from transactionSummary
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 insider transaction did UroGen Pharma (URGN) report for Mark Schoenberg?
UroGen Pharma reported that Chief Medical Officer Mark Schoenberg sold 10,000 Ordinary Shares. The transaction was an open-market sale executed under a pre-arranged Rule 10b5-1(c) trading plan and left him with 134,985 Ordinary Shares directly owned after the sale.
Was the UroGen Pharma (URGN) insider sale by Mark Schoenberg under a Rule 10b5-1 plan?
Yes. The filing states the transaction was made under a duly adopted Rule 10b5-1(c) trading plan. The plan’s adoption date is disclosed as 08-15-2025, indicating the sale was pre-scheduled rather than timed opportunistically by the insider.
What does the weighted average price disclosure mean in the UroGen Pharma (URGN) Form 4?
The weighted average price indicates the 10,000 shares were sold through multiple trades between $30.00 and $30.05. The company notes that detailed breakdowns of shares sold at each specific price are available to the issuer, shareholders, or SEC staff upon request.