Xeris officer sells 16,667 shares under plan
Xeris Biopharma Holdings officer Beth Hecht reported an open-market sale of Company stock.
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Rhea-AI Filing Summary
Xeris Biopharma Holdings officer Beth Hecht reported an open-market sale of Company stock. She sold 16,667 shares of common stock at a weighted average price of $6.0588 per share under a pre-arranged Rule 10b5-1 trading plan. After this transaction, she continues to hold 1,176,506 shares directly.
Insights
Routine 10b5-1 sale of a small portion of existing holdings.
The filing shows officer Beth Hecht sold 16,667 shares of Xeris Biopharma common stock at a weighted average price of $6.0588 per share in an open-market transaction.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan, which typically indicates a scheduled, programmatic disposition rather than a discretionary trade. Following the sale, she still directly owns 1,176,506 shares, suggesting the transaction represents only a modest portion of her position.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 16,667 | $6.0588 | $101K |
Footnotes (2)
- F1. The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.980 to $6.180, 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
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average price financial
open-market sale financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Xeris Biopharma (XERS) report for Beth Hecht?
Was the Xeris Biopharma (XERS) insider sale by Beth Hecht under a Rule 10b5-1 plan?
What type of transaction did Xeris Biopharma (XERS) disclose for Beth Hecht?
AI-generated analysis. How Rhea-AI works. Not financial advice.