Vir Biotechnology (VIR) director sells 22,000 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vir Biotechnology director Vicki L. Sato sold shares under a pre-set trading plan. On April 1, 2026, she executed an open-market sale of 22,000 shares of Vir Biotechnology common stock at a weighted average price of $9.0735 per share pursuant to a Rule 10b5-1 trading plan adopted on March 27, 2025. After this transaction, she directly holds 1,100,391 shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 22,000 shares ($199,617)
Net Sell
1 txn
Insider
SATO VICKI L
Role
Director
Sold
22,000 shs ($200K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 22,000 | $9.0735 | $200K |
Holdings After Transaction:
Common Stock — 1,100,391 shares (Direct)
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 $8.87 to $9.20, 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.
Key Figures
Shares sold: 22,000 shares
Weighted average sale price: $9.0735 per share
Shares held after transaction: 1,100,391 shares
3 metrics
Shares sold
22,000 shares
Open-market sale on April 1, 2026
Weighted average sale price
$9.0735 per share
Open-market sale range $8.87–$9.20
Shares held after transaction
1,100,391 shares
Director’s direct ownership following sale
Key Terms
Rule 10b5-1 trading plan, weighted average price, 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 adopted by the Reporting Person"
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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) disclose in this Form 4?
Vir Biotechnology disclosed that director Vicki L. Sato sold 22,000 shares of common stock in an open-market transaction. The sale was executed at a weighted average price of $9.0735 per share, reflecting routine portfolio activity rather than a new share issuance by the company.
Was the Vir Biotechnology (VIR) insider sale made under a Rule 10b5-1 plan?
Yes. The Form 4 states the sales were effected under a Rule 10b5-1 trading plan adopted by Vicki L. Sato on March 27, 2025. Such pre-arranged plans automate trades, helping separate routine portfolio management from discretionary timing decisions by insiders.