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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 22,000 | $5.8362 | $128K |
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 March 27, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.68 to $5.99, inclusive. The Reporting Person undertakes to provide to 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 sold at each separate price within the range set forth above.