[144] Xeris Biopharma Holdings, Inc. SEC Filing
Xeris Biopharma (XERS) reports a proposed sale under Rule 144 consisting of 15,500 common shares tied to restricted stock units granted by the issuer. The filing shows these shares were acquired on 06/04/2025 as Restricted Stock Units and have an aggregate market value of $121,055. The sale is scheduled approximately for 09/11/2025 through Morgan Stanley Smith Barney LLC on the NASDAQ market. The company reports 161,480,367 shares outstanding, and the filer certifies they are not aware of undisclosed material adverse information.
- None.
- None.
Insights
TL;DR: A routine insider sale notice for 15,500 RSU-derived shares valued at about $121k, appearing immaterial relative to outstanding stock.
The filing documents a Rule 144 notice for shares acquired as restricted stock units on 06/04/2025 to be sold via Morgan Stanley Smith Barney on NASDAQ around 09/11/2025. At an aggregate value of $121,055 versus 161,480,367 shares outstanding, this transfer represents a de minimis proportion of the float and does not, on its face, indicate a material change in ownership or control. No prior sales in the past three months are reported. The filer makes the standard representation regarding lack of undisclosed material adverse information.
TL;DR: Compliance-focused disclosure of RSU sale; procedural and conforms to Rule 144 requirements with standard certifications.
This Form 144 provides the statutory notice for the proposed sale of shares issued as RSUs. It names the broker, specifies acquisition and payment details, and includes the required signature representation about material information. The disclosure appears complete for Rule 144 purposes: acquisition method, dates, amount, broker, market, and share counts are provided. There is no indication of regulatory, litigation, or governance concerns disclosed within this notice.