Xeris Biopharma (XERS) officer sells 16,667 shares in Rule 10b5-1 trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Xeris Biopharma Holdings, Inc. reported that company officer Beth Hecht executed two open-market sales of its common stock under a pre-established Rule 10b5-1 trading plan. She sold a total of 16,667 shares on March 2, 2026, at prices including $6.2401 and $7.06 per share, and held 1,226,507 shares afterward.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 16,667 shares ($104,086)
Net Sell
2 txns
Insider
Hecht Beth
Role
See Remarks
Sold
16,667 shs ($104K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 16,567 | $6.2401 | $103K |
| Sale | Common Stock | 100 | $7.06 | $706.00 |
Holdings After Transaction:
Common Stock — 1,226,607 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 $5.920 to $6.910, 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.
FAQ
What insider transaction did XERS disclose for Beth Hecht?
Xeris Biopharma disclosed that company officer Beth Hecht sold common stock in two open-market transactions. The trades occurred on March 2, 2026, under a Rule 10b5-1 trading plan, reflecting a pre-arranged schedule rather than discretionary same-day trading decisions.
Were Beth Hecht’s XERS stock sales under a Rule 10b5-1 plan?
Yes. A footnote states the transactions were executed pursuant to a Rule 10b5-1 trading plan adopted by Beth Hecht. Such plans allow insiders to prearrange stock sales, providing structure for trades that occur over time under predetermined instructions.