Form 4: Annexon Director Carson Executes Stock Transactions Under 10b5-1 Trading Plan
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
| Date | Description |
|---|---|
| 2024-01-04 | Date the Reporting Person's Rule 10b5-1 trading plan was adopted |
| 2024-05-01 | Date of stock transactions (purchase and sale) |
| 2024-05-03 | Date of signature for the Form 4 filing |
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