Xeris Biopharma officer sells 90,000 shares
Xeris Biopharma Holdings officer Kevin McCulloch reported an open-market sale of 90,000 shares of common stock at a weighted average price of $8.0279 per share on July 1, 2026.
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Rhea-AI Filing Summary
Xeris Biopharma Holdings officer Kevin McCulloch reported an open-market sale of 90,000 shares of common stock at a weighted average price of $8.0279 per share on July 1, 2026. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 4, 2025.
After the transaction, McCulloch directly owns 1,691,126 shares of Xeris Biopharma common stock. An additional 25,000 shares are held indirectly by his spouse, including 3,401 shares acquired on June 30, 2026 under the company’s 2018 Employee Stock Purchase Plan, with beneficial ownership of those indirect shares disclaimed except for any pecuniary interest.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 90,000 | $8.0279 | $723K |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person as of September 4, 2025.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.000 to $8.10, 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.
- F3. Includes 3,401 shares acquired on June 30, 2026 under the issuer's 2018 Employee Stock Purchase Plan, as amended.
- F4. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average price financial
2018 Employee Stock Purchase Plan financial
beneficial ownership regulatory
Section 16 regulatory
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