Zevra Therapeutics (ZVRA) legal chief sells 1,794 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zevra Therapeutics Chief Legal & Compliance officer Rahsaan Thompson reported an open-market sale of 1,794 shares of common stock at $11.30 per share. After this transaction, he directly holds 48,125 shares. The sale was executed pursuant to a Rule 10b5-1(c) trading plan adopted on 01-08-2026, indicating it was pre-scheduled rather than a discretionary trade.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,794 shares ($20,272)
Net Sell
1 txn
Insider
Thompson Rahsaan
Role
Chief Legal & Compliance
Sold
1,794 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,794 | $11.30 | $20K |
Holdings After Transaction:
Common Stock — 48,125 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,794 shares
Sale price: $11.30 per share
Shares held after sale: 48,125 shares
3 metrics
Shares sold
1,794 shares
Open-market sale of common stock
Sale price
$11.30 per share
Price for the 1,794 sold shares
Shares held after sale
48,125 shares
Direct ownership following the transaction
Key Terms
Rule 10b5-1(c) plan, open-market sale, Common Stock
3 terms
Rule 10b5-1(c) plan regulatory
"Adoption date of referenced 10b5-1(c) plan is: 01-08-2026"
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.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Zevra Therapeutics (ZVRA) report for Rahsaan Thompson?
Zevra Therapeutics reported that Chief Legal & Compliance officer Rahsaan Thompson sold 1,794 shares of common stock in an open-market transaction at $11.30 per share. Following the sale, he directly holds 48,125 shares, as disclosed in the Form 4 filing.
Was the Zevra Therapeutics insider sale made under a Rule 10b5-1 trading plan?
Yes. The Form 4 footnote states the sale was made under a Rule 10b5-1(c) trading plan adopted on 01-08-2026. Such plans allow pre-scheduled trades, helping separate routine portfolio management from discretionary insider decisions.
What role does Rahsaan Thompson hold at Zevra Therapeutics (ZVRA)?
Rahsaan Thompson serves as Chief Legal & Compliance officer at Zevra Therapeutics. His position is disclosed in the Form 4, which reports his open-market sale of 1,794 shares of the company’s common stock and his remaining 48,125 directly held shares.