Xenon Pharma director exercises 5,144 options
Xenon Pharmaceuticals director Dawn Svoronos exercised vested stock options, increasing her direct Common Share holdings.
Rhea-AI Filing Summary
Xenon Pharmaceuticals Inc. (XENE) director Dawn Svoronos exercised stock options for 5,144 Common Shares on September 1, 2026 at an exercise price of $8.15 per share, converting fully vested options into shares. Following the exercise, she holds 31,373 Common Shares directly, and no related Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,144 shares exercised/converted
Exercise
2 txns
Insider
Svoronos Dawn
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F1 | 5,144 | $0.00 | $0.00 |
| Exercise | Common Shares | 5,144 | $8.15 | $42K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 contracts (Direct);
Common Shares — 31,373 shares (Direct)
Footnotes (1)
- F1. The shares subject to the option are fully vested and exercisable.
Key Figures
Shares exercised: 5,144 shares
Exercise price: $8.15 per share
Shares owned after transaction: 31,373 shares
+2 more
5 metrics
Shares exercised
5,144 shares
Stock option exercise by director on September 1, 2026
Exercise price
$8.15 per share
Exercise of Stock Option (Right to Buy) into Common Shares
Shares owned after transaction
31,373 shares
Direct Common Share holdings of Dawn Svoronos after exercise
Option expiration date
September 26, 2026
Expiration date of the exercised stock option before conversion
Derivative shares exercised
5,144 shares
Stock Option (Right to Buy) fully exercised, leaving no derivative position
Key Terms
Stock Option (Right to Buy), derivative security, Common Shares, Rule 10b5-1
4 terms
Stock Option (Right to Buy) financial
"security titled "Stock Option (Right to Buy)" was exercised for 5,144 shares"
derivative security financial
"transaction is described as an exercise or conversion of a derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Rule 10b5-1 regulatory
"no Rule 10b5-1 trading plan is reported for these transactions"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Xenon Pharmaceuticals (XENE) report for Dawn Svoronos?
Xenon Pharmaceuticals reported that director Dawn Svoronos exercised stock options for 5,144 Common Shares on September 1, 2026 at an exercise price of $8.15 per share, increasing her direct share ownership.
What type of derivative security did Dawn Svoronos exercise in Xenon Pharmaceuticals (XENE)?
She exercised a Stock Option (Right to Buy) covering 5,144 Common Shares. The filing notes that the shares subject to the option were fully vested and exercisable before this transaction.
Was the Xenon Pharmaceuticals (XENE) insider transaction made under a Rule 10b5-1 plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported in connection with these transactions.
What were the key dates and prices in this Xenon Pharmaceuticals (XENE) Form 4?
The option exercise and related share acquisition occurred on September 1, 2026. The exercise price for the stock option was $8.15 per share, and the option had an expiration date of September 26, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.