Vir director Sato exercises options, sells shares
Vir Biotechnology director Vicki L. Sato reported option exercises and related share sales.
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Rhea-AI Filing Summary
Vir Biotechnology director Vicki L. Sato reported option exercises and related share sales. She exercised a stock option for 42,377 shares of common stock at a price of $1.485 per share and received common shares upon exercise.
On the same date, she sold 42,377 common shares in open-market transactions, including 42,177 shares at a weighted average price of $9.7521 per share and 200 shares at $10.26 per share. The weighted-average sale involved multiple trades between $9.23 and $10.20 per share under a Rule 10b5-1 trading plan adopted on March 27, 2025. After these transactions, she directly owned 1,144,391 Vir Biotechnology common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 42,377 | $0.00 | $0.00 |
| Exercise | Common Stock | 42,377 | $1.485 | $63K |
| Sale | Common Stock | 42,177 | $9.7521 | $411K |
| Sale | Common Stock | 200 | $10.26 | $2K |
Footnotes (3)
- F1. 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.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.23 to $10.20, 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.
- F3. Shares vested and became exercisable in 36 equal monthly installments from October 5, 2017.
FAQ
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What did Vir Biotechnology (VIR) director Vicki L. Sato report in this Form 4?
What option exercise did Vicki L. Sato report for Vir Biotechnology (VIR)?
Was the Vir Biotechnology (VIR) insider sale under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.