Vir Biotechnology (VIR) CMO reports 3,505-share Rule 10b5-1 stock sale
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.
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Insider Trade Summary
Net Seller: 3,505 shares
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 (2)
- F1. 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.
- F2. 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.
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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.