Xeris Biopharma (XERS) insider Steven Pieper plans Rule 144 sale of 20,000 shares
Rhea-AI Filing Summary
Xeris Biopharma Holdings, Inc. insider Steven Pieper filed to sell common stock under Rule 144. A broker, Morgan Stanley Smith Barney LLC Executive Financial Services, is listed to handle the planned sale of 20,000 common shares on NASDAQ with an aggregate market value of $167,800.00. The shares relate to Restricted Stock Units granted on 01/03/2025. During the prior three months, Pieper reported 10b5-1 plan sales of 27,600 shares for $235,276.20 on 07/07/2026 and 17,400 shares for $147,900.00 on 07/06/2026.
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Key Figures
Planned shares to be sold: 20,000 shares
Aggregate market value of planned sale: $167,800.00
10b5-1 sale on 07/07/2026: 27,600 shares for $235,276.20
+2 more
5 metrics
Planned shares to be sold
20,000 shares
Common stock planned for sale through Morgan Stanley Smith Barney LLC
Aggregate market value of planned sale
$167,800.00
Value associated with 20,000 Xeris Biopharma common shares
10b5-1 sale on 07/07/2026
27,600 shares for $235,276.20
Common stock sold under a 10b5-1 plan
10b5-1 sale on 07/06/2026
17,400 shares for $147,900.00
Common stock sold under a 10b5-1 plan
Grant date of RSUs
01/03/2025
Restricted Stock Units related to the shares to be sold
Key Terms
Rule 144, Restricted Stock Units, 10b5-1
3 terms
Rule 144 regulatory
"insider Steven Pieper filed to sell common stock under Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Units financial
"The shares relate to Restricted Stock Units granted on 01/03/2025."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 regulatory
"During the prior three months, Pieper reported 10b5-1 plan sales of 27,600 shares."
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
FAQ
What stock sale is Steven Pieper planning for XERS under Rule 144?
Steven Pieper plans to sell 20,000 shares of Xeris Biopharma common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $167,800.00, as disclosed in a Rule 144-related notice.
What type of XERS securities is Steven Pieper planning to sell?
The planned sale involves common stock of Xeris Biopharma Holdings, Inc., originating from Restricted Stock Units granted on 01/03/2025, and is to be executed on NASDAQ under Rule 144 procedures.
Which broker is handling Steven Pieper’s planned XERS stock sale?
Morgan Stanley Smith Barney LLC Executive Financial Services, at 1 New York Plaza, is listed as the broker handling Steven Pieper’s planned sale of 20,000 Xeris Biopharma common shares under Rule 144 on NASDAQ.
AI-generated analysis. How Rhea-AI works. Not financial advice.