ANNX.NASDAQAnnexon, INC

Form 4: Annexon Director Carson Executes Stock Transactions Under 10b5-1 Trading Plan

Sentiment:

SEC Form 4 Filing


William H. Carson, a director at Annexon, Inc., engaged in stock transactions on June 3, 2024, according to a pre-arranged 10b5-1 trading plan.

Summary

  • On June 3, 2024, William H. Carson, a director of Annexon, Inc., executed transactions involving the company's common stock.
  • These transactions were carried out under a pre-existing Rule 10b5-1 trading plan adopted on January 4, 2024.
  • Carson acquired 3,200 shares of common stock at a weighted average price of $4.831 per share.
  • He also disposed of 9,600 shares.
  • Following these transactions, the reported beneficial ownership reflects the changes in Carson's holdings.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

This is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. The use of a 10b5-1 trading plan allows insiders to trade company stock without being accused of trading on non-public information.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership by a director.

Key Dates

DateDescription
January 4, 2024Date the Rule 10b5-1 trading plan was adopted.
June 3, 2024Date of the stock transactions.
June 5, 2024Date of the filing.

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