Form 4: Annexon Director Carson Buys and Sells Shares Under 10b5-1 Plan
SEC Form 4
Director William H. Carson of Annexon, Inc. executed transactions involving the company's common stock on September 3, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On September 3, 2024, William H. Carson, a director of Annexon, Inc., engaged in transactions involving the company's common stock.
- These transactions were executed under a pre-existing Rule 10b5-1 trading plan adopted on January 4, 2024.
- Carson purchased 3,200 shares of common stock at a weighted average price of $5.48, with individual trades ranging from $5.38 to $5.70.
- Carson also disposed of 19,200 shares of common stock.
- Following these transactions, Carson beneficially owns 19,200 shares of Annexon, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing insider trading activity. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity. It's common for corporate insiders to use 10b5-1 plans to automate stock transactions and avoid accusations of trading on non-public information.
Stakeholder Impact
- The transactions may have a minor impact on shareholders, potentially influencing the stock price in the short term.
Key Dates
| Date | Description |
|---|---|
| 2024-01-04 | Date of adoption of the Rule 10b5-1 trading plan. |
| 2024-09-03 | Date of the stock transactions (purchase and sale). |
| 2024-09-04 | Date of the report filing. |
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