Xeris Biopharma CEO Reports Option Exercises and Share Sale
Rhea-AI Filing Summary
Xeris Biopharma Holdings (XERS) filed a Form 4 showing option exercises and a share sale by its Chief Executive Officer and Director. On 11/13/2025, the reporting person exercised stock options to acquire 8,970 shares of common stock at an exercise price of $1.55 per share and sold 23,242 shares of common stock at a weighted average price of $7.4607, all under a pre-arranged Rule 10b5-1 trading plan. After these transactions on that date, the reporting person held 2,643,153 shares of common stock directly. On 11/14/2025, the reporting person exercised additional stock options for 87,100 shares at $1.55 per share, increasing the directly held common stock position to 2,730,253 shares. Following these transactions, the person also held 64,265 stock options with an exercise price of $1.55 per share expiring on 02/03/2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 87,100 | $0.00 | -- |
| Exercise | Common Stock | 87,100 | $1.55 | $135K |
| Exercise | Stock Option (Right to Buy) | 8,970 | $0.00 | -- |
| Exercise | Common Stock | 8,970 | $1.55 | $14K |
| Sale | Common Stock | 23,242 | $7.4607 | $173K |
Footnotes (1)
- The transaction was effected pursuant to a rule 10b5-1 trading plan adopted by the reporting person. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.260 to $7.740, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range. The reporting person received the stock options on February 7, 2017 pursuant to an award under the Company's 2011 Stock Option/Stock Issuance Plan. 25% of the options vested on the first anniversary of the vesting commencement date, and the remaining 75% of options vested in equal monthly installments over the following three (3) years subject to continued employment through such vesting date.
FAQ
What insider transaction did Xeris Biopharma (XERS) report on this Form 4?
The filing reports that the Chief Executive Officer and Director of Xeris Biopharma Holdings, Inc. (XERS) exercised stock options and sold shares of common stock on 11/13/2025 and 11/14/2025. The transactions involve both the acquisition of shares through option exercises and the sale of a portion of the common stock.
How many Xeris Biopharma (XERS) stock options did the insider exercise and at what price?
The reporting person exercised stock options with an exercise price of $1.55 per share. On 11/13/2025, 8,970 options were exercised, and on 11/14/2025, an additional 87,100 options were exercised, each converting into an equal number of Xeris Biopharma common shares.
How many Xeris Biopharma stock options remain after the exercises?
After the option exercises reported on 11/13/2025 and 11/14/2025, the reporting person holds 64,265 stock options with an exercise price of $1.55 per share, expiring on 02/03/2027. These options relate to awards initially granted under the company's 2011 Stock Option/Stock Issuance Plan.
Were the XERS insider transactions made under a Rule 10b5-1 trading plan?
Yes. The filing explains that the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. Such plans are pre-arranged instructions for buying or selling securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
What is the role of the reporting person at Xeris Biopharma (XERS)?
The reporting person is identified as the Chief Executive Officer and Director of Xeris Biopharma Holdings, Inc., indicating both an executive management and board-level role at the company.