Form 4: AnaptysBio Director Hollings Renton Executes Stock Transactions
SEC Form 4
Director Hollings Renton of AnaptysBio, Inc. reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On June 15, 2024, Hollings Renton acquired 3,900 shares of common stock through the vesting of restricted stock units (RSUs).
- The RSUs converted into common stock at a price of $0 per share.
- On June 18, 2024, Renton sold 1,950 shares of common stock at a price of $23.16 per share.
- The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 14, 2024.
- Following these transactions, Renton directly owns 1,950 shares of AnaptysBio common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports stock transactions by a company director, which is a routine occurrence. There is no indication of positive or negative implications for the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders (officers, directors, or those holding more than 10% of a company's shares) trade in their company's stock. These filings provide transparency to the market regarding insider activity.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company insider.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Adoption date of Rule 10b5-1 trading plan |
| 06/15/2024 | Date of RSU vesting and acquisition of common stock |
| 06/18/2024 | Date of common stock sale |
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