Planned sale: Xeris Biopharma (XERS) officer trades 16,666 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Xeris Biopharma Holdings, Inc. officer Beth Hecht reported an open-market sale of 16,666 shares of common stock at a weighted average price of $8.0319 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 8, 2025.
After this sale, Hecht directly holds 1,161,128 Xeris Biopharma shares, indicating she retains a substantial equity position. Her holdings include 1,288 shares acquired on June 30, 2026 under the company’s 2018 Employee Stock Purchase Plan, showing ongoing participation in employee ownership programs.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 16,666 shares ($133,860)
Net Sell
1 txn
Insider
Hecht Beth
Role
See Remarks
Sold
16,666 shs ($134K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 16,666 | $8.0319 | $134K |
Holdings After Transaction:
Common Stock — 1,161,128 shares (Direct, null)
Footnotes (1)
- The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 8, 2025. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.92 to $8.19, 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. Includes 1,288 shares acquired on June 30, 2026 under the issuer's 2018 Employee Stock Purchase Plan, as amended.
Key Figures
Shares sold: 16,666 shares
Average sale price: $8.0319 per share
Post-sale holdings: 1,161,128 shares
+2 more
5 metrics
Shares sold
16,666 shares
Open-market sale on July 1, 2026
Average sale price
$8.0319 per share
Weighted average sale price for reported transactions
Post-sale holdings
1,161,128 shares
Direct ownership after reported transaction
Recent ESPP acquisition
1,288 shares
Acquired on June 30, 2026 under 2018 Employee Stock Purchase Plan
Sale price range
$7.92–$8.19 per share
Range of individual trade prices within the reported sale
Key Terms
Rule 10b5-1 trading plan, weighted average price, Employee Stock Purchase Plan
3 terms
Rule 10b5-1 trading plan regulatory
"The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 8, 2025."
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 price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.92 to $8.19, inclusive."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Employee Stock Purchase Plan financial
"Includes 1,288 shares acquired on June 30, 2026 under the issuer's 2018 Employee Stock Purchase Plan, as amended."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
FAQ
What insider transaction did Xeris Biopharma (XERS) report for Beth Hecht?
Beth Hecht reported selling 16,666 shares of Xeris Biopharma common stock in an open-market transaction at a weighted average price of $8.0319 per share. This was disclosed in a Form 4 insider filing with post-transaction direct ownership of 1,161,128 shares.
Was the Xeris Biopharma (XERS) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the sale was executed under a Rule 10b5-1 trading plan adopted by Beth Hecht on August 8, 2025. Such pre-arranged plans allow insiders to schedule trades in advance, helping separate routine portfolio management from discretionary timing decisions.