Xeris Biopharma (XERS) director sells 10,834 shares in Rule 10b5-1 trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Xeris Biopharma Holdings director Brady James Aloysius sold 10,834 shares of common stock in an open-market transaction. The shares were sold at a weighted average price of $5.5414 per share under a Rule 10b5-1 trading plan. Following the sale, he directly holds 89,166 shares. The sale price reflects multiple trades in a range from $5.29 to $5.63 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,834 shares ($60,036)
Net Sell
1 txn
Insider
Brady James Aloysius
Role
Director
Sold
10,834 shs ($60K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,834 | $5.5414 | $60K |
Holdings After Transaction:
Common Stock — 89,166 shares (Direct)
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 $5.290 to $5.630, 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.
Key Figures
Shares sold: 10,834 shares
Weighted average sale price: $5.5414 per share
Price range of sales: $5.29 to $5.63 per share
+1 more
4 metrics
Shares sold
10,834 shares
Open-market sale on 2026-03-30
Weighted average sale price
$5.5414 per share
Common stock sale
Price range of sales
$5.29 to $5.63 per share
Multiple transactions within the sale
Shares owned after transaction
89,166 shares
Direct ownership following sale
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person."
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."
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.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did XERS director Brady James Aloysius do in this Form 4 filing?
Brady James Aloysius reported selling 10,834 shares of Xeris Biopharma Holdings common stock. The transaction was an open-market sale executed under a pre-established Rule 10b5-1 trading plan, meaning the trades were scheduled in advance rather than timed discretionarily.
Was the XERS insider sale made under a Rule 10b5-1 trading plan?
Yes, the filing states the sale was effected under a Rule 10b5-1 trading plan adopted by the reporting person. Such plans pre-schedule trades, helping separate routine portfolio management from discretionary timing decisions based on short-term market conditions.
What does the weighted average price disclosure mean in the XERS Form 4?
The Form 4 reports a weighted average sale price of $5.5414 for the 10,834 shares. A footnote explains the shares were sold in multiple trades between $5.29 and $5.63, and detailed per-trade pricing is available from the reporting person upon request.