VIR Form 4: Director Vicki Sato disposes 22,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
Vicki L. Sato, a director of Vir Biotechnology, Inc. (VIR), sold 22,000 shares of the company's common stock on 10/01/2025 under a Rule 10b5-1 trading plan adopted March 27, 2025. The reported weighted-average sale price was $5.8362 per share, with individual sale prices ranging from $5.68 to $5.99. After the reported disposition, the filing shows the reporting person beneficially owned 1,232,391 shares. The Form 4 was signed by an attorney-in-fact on 10/02/2025 and includes an undertaking to provide detailed per-price sale breakdowns on request.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine director share sale under a pre-established 10b5-1 plan; disposal size appears modest relative to retained holdings.
The Form 4 documents a director-initiated disposal of 22,000 common shares executed pursuant to a Rule 10b5-1 plan adopted March 27, 2025. The weighted-average price reported is $5.8362, with execution prices between $5.68 and $5.99. The report confirms continuing beneficial ownership of 1,232,391 shares after the sale. Because the sale was executed under a 10b5-1 plan and the filer retains a substantial position, this appears to be a pre-arranged, non-discretionary transaction rather than an opportunistic insider sale.
TL;DR: Disclosure follows standard SEC Form 4 conventions and cites a documented 10b5-1 plan; signatures and explanations are complete.
The filing identifies the reporting person as a director and specifies the Rule 10b5-1 trading plan adoption date, the weighted-average price range, and an offer to provide per-price sale details. The form is signed via attorney-in-fact and includes the required explanatory remarks. From a governance and disclosure perspective, the filing fulfills common transparency expectations for insider transactions.
FAQ
What did Vir Biotechnology director Vicki L. Sato report on Form 4 (VIR)?
At what price were the 22,000 shares sold according to the Form 4?
How many Vir shares did the reporting person own after the sale?
Was the sale part of a pre-arranged trading plan?
Who signed the Form 4 and when?