[Form 4] Xeris Biopharma Holdings, Inc. Insider Trading Activity
Insider sale of XERS common stock reduced holdings: Director John Johnson sold 107,500 shares of Xeris Biopharma common stock on 08/13/2025 at a weighted average price of $7.3159 per share, leaving him with 833,483 shares beneficially owned. The Form 4 lists the sale as a direct disposition and notes the reported price is a weighted average reflecting multiple trades priced between $7.250 and $7.420. No derivative transactions or additional changes in indirect ownership are reported. The filing was signed by an attorney-in-fact on behalf of the reporting person.
- None.
- Director John Johnson executed a direct sale of 107,500 XERS shares, reducing his beneficial ownership to 833,483 shares.
- The sale may represent insider liquidity; the filing does not state a Rule 10b5-1 plan or other rationale for the disposition.
Insights
TL;DR: A director sold 107,500 XERS shares at ~$7.32, reducing direct holdings to 833,483 shares.
The sale is a straightforward, non-derivative disposition reported under Section 16. The transaction was executed in multiple trades at prices between $7.25 and $7.42, producing a weighted average price of $7.3159. Without concurrent disclosure of intentions, planned Rule 10b5-1 activity, or size relative to outstanding shares, this single reported sale is a data point rather than definitive evidence of material change in company outlook. Investors should view this as routine insider liquidity unless corroborated by additional filings or company events.
TL;DR: Director-reported sale is properly disclosed; documentation notes weighted-average pricing across multiple trades.
The Form 4 correctly identifies the reporting person as a director and records a direct disposition. The explanation clarifies the weighted-average price range and offers to provide transaction-level pricing on request, which supports disclosure transparency. There is no indication in the filing of an amendment, a Section 16 exemption, or a Rule 10b5-1 plan election tied to this sale. From a governance compliance standpoint, the filing meets Section 16 reporting requirements as presented.