Form 4: Amicus Therapeutics CPO Sells Shares Under 10b5-1 Plan
Insider Transaction Report
Amicus Therapeutics' Chief People Officer, David Michael Clark, sold 25,642 shares of common stock for $14.1713 per share, pursuant to a pre-arranged 10b5-1 trading plan.
Summary
- David Michael Clark, Chief People Officer of Amicus Therapeutics, Inc. (FOLD), reported a sale of common stock.
- The transaction involved the disposition of 25,642 shares of common stock.
- The shares were sold at a price of $14.1713 per share.
- The transaction date was December 19, 2025.
- Following this transaction, Clark beneficially owns 245,690 shares of common stock directly.
- The sale was executed pursuant to a Rule 10b5-1 trading plan, which was adopted by the reporting person on March 14, 2025.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a routine insider transaction executed under a pre-arranged 10b5-1 trading plan, which typically indicates personal financial planning rather than a change in company fundamentals or outlook.
Industry Context
Insider transactions, particularly those executed under Rule 10b5-1 plans, are a routine part of executive compensation and personal financial management across all industries, including the biotechnology and pharmaceutical sectors where Amicus Therapeutics operates. These pre-arranged plans are designed to allow insiders to sell shares without being accused of trading on material non-public information.
Stakeholder Impact
- Shareholders may note the insider sale, which, while pre-planned, can sometimes be perceived with caution, though the 10b5-1 plan mitigates concerns about opportunistic selling.
Key Dates
| Date | Description |
|---|---|
| March 14, 2025 | Date Rule 10b5-1 trading plan was adopted by the reporting person. |
| December 19, 2025 | Date of the reported transaction (sale of common stock). |
| December 23, 2025 | Date the Form 4 was signed and filed. |
Keywords
Amicus Therapeutics, FOLD, Insider Sale, Form 4, David Michael Clark, Chief People Officer, 10b5-1 plan, Common Stock
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