Vir Biotechnology (VIR) SVP sells 379 shares in pre-planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vir Biotechnology, Inc. senior vice president and chief accounting officer Brent Sabatini reported an open-market sale of 379 shares of common stock at $9.45 per share. The trade was executed under a pre-arranged Rule 10b5-1 trading plan. After this small sale, he directly holds 61,902 shares.
The footnotes note that the 379 shares sold had been acquired on May 29, 2026 through an employee stock purchase program, indicating this filing reflects routine, pre-planned portfolio activity rather than a large discretionary transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 379 shares ($3,582)
Net Sell
1 txn
Insider
Sabatini Brent
Role
SVP, Chief Accounting Officer
Sold
379 shs ($4K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 379 | $9.45 | $4K |
Holdings After Transaction:
Common Stock — 61,902 shares (Direct, null)
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 19, 2025. Includes 379 shares of common stock acquired by the Reporting Person on May 29, 2026 pursuant to an employee stock purchase program.
Key Figures
Shares sold: 379 shares
Sale price: $9.45 per share
Shares held after sale: 61,902 shares
+3 more
6 metrics
Shares sold
379 shares
Open-market sale of common stock on June 1, 2026
Sale price
$9.45 per share
Price received in the reported open-market sale
Shares held after sale
61,902 shares
Direct ownership following the June 1, 2026 transaction
Net shares sold
379 shares
Net change in position from this Form 4 transaction
10b5-1 plan adoption date
December 19, 2025
Date Sabatini adopted the Rule 10b5-1 trading plan
ESPP acquisition date
May 29, 2026
Date the 379 shares were acquired via employee stock purchase program
Key Terms
Rule 10b5-1 trading plan, employee stock purchase program, open-market sale, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
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.
employee stock purchase program financial
"shares of common stock acquired ... pursuant to an employee stock purchase program"
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.
Form 4 regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Vir Biotechnology (VIR) report for Brent Sabatini?
Vir Biotechnology reported that SVP and Chief Accounting Officer Brent Sabatini sold 379 shares of common stock in an open-market transaction. The sale was executed at $9.45 per share and disclosed in a Form 4 insider trading report filed with regulators.