ANNX.NASDAQAnnexon, INC

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

Sentiment:

SEC Form 4


Director William H. Carson of Annexon, Inc. executed stock transactions on May 1, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

  • William H. Carson, a director at Annexon, Inc., engaged in stock transactions on May 1, 2024.
  • These transactions were executed under a Rule 10b5-1 trading plan adopted on January 4, 2024.
  • Carson acquired 3,200 shares of common stock at a weighted average price of $4.682.
  • Carson disposed of 6,400 shares of common stock.
  • The transactions resulted in a change in the amount of securities beneficially owned by Carson.
  • The price range for the purchase was between $4.49 and $4.84.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports stock transactions under a pre-existing trading plan, with no explicit indication of positive or negative sentiment towards the company's prospects.

Industry Context

This filing reflects routine trading activity by a company insider, which is common and often pre-planned through 10b5-1 trading plans to avoid accusations of insider trading. The activity itself doesn't necessarily indicate a positive or negative outlook for the company.

Stakeholder Impact

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

Key Dates

DateDescription
2024-01-04Date the Reporting Person's Rule 10b5-1 trading plan was adopted
2024-05-01Date of stock transactions (purchase and sale)
2024-05-03Date of signature for the Form 4 filing

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