Xenon Pharma CMO sells 7,068 shares at ~$61
Xenon Pharmaceuticals Inc. (XENE) reported that Chief Medical Officer Christopher John Kenney sold a total of 7,068 Common Shares on August 28, 2026 in two open-market transactions, executed under a Rule 10b5-1 trading plan adopted on May 29, 2026.
Rhea-AI Filing Summary
Xenon Pharmaceuticals Inc. (XENE) reported that Chief Medical Officer Christopher John Kenney sold a total of 7,068 Common Shares on August 28, 2026 in two open-market transactions, executed under a Rule 10b5-1 trading plan adopted on May 29, 2026. The reported prices are weighted-average prices for multiple trades within specified intraday ranges.
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Insider Trade Summary 10b5-1
Net Seller: 7,068 shares
Net Sell
2 txns
Insider
KENNEY CHRISTOPHER JOHN
Role
Chief Medical Officer
Sold
7,068 shs ($426K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares F1, F2 | 6,368 | $60.1673 | $383K |
| Sale | Common Shares F1, F3, F4 | 700 | $60.9766 | $43K |
Holdings After Transaction:
Common Shares — 2 shares (Direct)
Footnotes (4)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 29, 2026.
- F2. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price (rounded to two decimal places), respectively, of shares sold. These share were sold in multiple transactions at prices ranging from $59.79 to $60.68, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F3. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price (rounded to two decimal places), respectively, of shares sold. These share were sold in multiple transactions at prices ranging from $60.81 to $61.12, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F4. The number of shares beneficially owned following the reported transactions reflects an upward adjustment of one share from the reporting person's previous Form 4 filed on March 13, 2026, based on updated tax withholding calculations for the transactions described on the previously filed Form 4.
Key Figures
Total shares sold: 7,068 Common Shares
First sale shares: 6,368 Common Shares
First sale weighted-average price: $60.1673 per share
+4 more
7 metrics
Total shares sold
7,068 Common Shares
Aggregate non-derivative sales on August 28, 2026
First sale shares
6,368 Common Shares
Non-derivative sale on August 28, 2026
First sale weighted-average price
$60.1673 per share
Weighted-average price; individual trades between $59.79 and $60.68
Second sale shares
700 Common Shares
Non-derivative sale on August 28, 2026
Second sale weighted-average price
$60.9766 per share
Weighted-average price; individual trades between $60.81 and $61.12
Net shares sold
7,068 shares
Net buy/sell shares across all reported transactions in this Form 4
Rule 10b5-1 plan adoption date
May 29, 2026
Date the reporting person adopted the trading plan used for these sales
Key Terms
Rule 10b5-1 trading plan, weighted-average price, beneficially owned, non-derivative
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported ... were effected pursuant to a Rule 10b5-1 trading plan"
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 "Amount" and "Price" ... reflect the aggregate number and weighted-average price"
Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.
beneficially owned financial
"The number of shares beneficially owned following the reported transactions"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
non-derivative financial
"transaction_type": "non-derivative""
FAQ
Were the Xenon Pharmaceuticals (XENE) insider sales made under a Rule 10b5-1 plan?
Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 29, 2026, and the Rule 10b5-1 checkbox for the filing is affirmed.
How many sell transactions are reported for Xenon Pharmaceuticals (XENE) in this Form 4?
The Form 4 reports two non-derivative sale transactions in Xenon Pharmaceuticals Inc. Common Shares, both on August 28, 2026, for a combined total of 7,068 shares sold.
AI-generated analysis. How Rhea-AI works. Not financial advice.