Vir Biotechnology (VIR) CMO reports 3,505-share Rule 10b5-1 stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vir Biotechnology, Inc. executive vice president and chief medical officer Mark Eisner reported two open-market sales of common stock under a pre-set Rule 10b5-1 trading plan. On February 24, 2026, he sold 1,616 shares at an average price of $9.5326 per share. On February 25, 2026, he sold another 1,889 shares at an average price of $9.82 per share. A footnote states the February 25 sale was an automatic, mandatory sale to cover tax withholding from vested restricted stock units rather than a discretionary trade. After these transactions, Eisner directly owned 154,024 shares of Vir Biotechnology common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,505 shares ($33,955)
Net Sell
2 txns
Insider
Eisner Mark
Role
EVP and Chief Medical Officer
Sold
3,505 shs ($34K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,889 | $9.82 | $19K |
| Sale | Common Stock | 1,616 | $9.5326 | $15K |
Holdings After Transaction:
Common Stock — 154,024 shares (Direct)
Footnotes (1)
- Represents an automatic and mandatory sale of shares under a Rule 10b5-1 arrangement to satisfy the Issuer's tax withholding obligations in connection with the vesting of restricted stock units. The sale does not represent a discretionary trade by the Reporting Person. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 19, 2025.
FAQ
What insider transactions did Vir Biotechnology (VIR) report for Mark Eisner?
Vir Biotechnology EVP and chief medical officer Mark Eisner reported selling a total of 3,505 common shares in two open-market transactions. These trades occurred on February 24 and 25, 2026, under a pre-arranged Rule 10b5-1 trading plan, according to the Form 4.
Were Mark Eisner’s Vir Biotechnology (VIR) stock sales discretionary trades?
The Form 4 footnotes state the February 25, 2026 sale was an automatic, mandatory transaction under Rule 10b5-1 to satisfy tax withholding on vested restricted stock units. It notes this sale did not represent a discretionary trade by Eisner.
What is the Rule 10b5-1 trading plan mentioned for Vir Biotechnology (VIR) insider trades?
The filing explains that the reported sales were made under a Rule 10b5-1 trading plan. It notes this plan was adopted by Mark Eisner on May 19, 2025, allowing pre-scheduled trades executed automatically according to pre-set instructions.