Vir Biotechnology (NASDAQ: VIR) ex-officer files notice for potential $245K stock sale
Rhea-AI Filing Summary
Vir Biotechnology, Inc. (VIR) is the issuer of common stock that a former officer, Jason V. O'Byrne, has notified under Rule 144 may be sold. The notice covers up to 25,000 shares of common stock, to be sold through Fidelity Brokerage Services LLC on or after 08/21/2026, in connection with a stock option exercise.
Positive
- None.
Negative
- None.
Key Figures
Shares covered by Rule 144 notice: 25,000 shares of common stock
Aggregate market value: $245,297.00
Planned transaction date: 08/21/2026
+2 more
5 metrics
Shares covered by Rule 144 notice
25,000 shares of common stock
Maximum number of Vir Biotechnology, Inc. shares indicated for potential sale
Aggregate market value
$245,297.00
Aggregate market value listed for the 25,000 shares of common stock
Planned transaction date
08/21/2026
Date associated with the stock option exercise and potential sale
Form 144 related person
Jason V. O'Byrne
Former officer on whose account the securities may be sold
Broker
Fidelity Brokerage Services LLC
Broker designated for the potential sale of the shares
Key Terms
Rule 144, Stock Option Exercise, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Stock Option Exercise financial
"Common | 08/21/2026 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
attorney-in-fact regulatory
"as a duly authorized representative ... as attorney-in-fact for Jason V. O'Byrne"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
AI-generated analysis. How Rhea-AI works. Not financial advice.