Form 4: Annexon Director William H. Carson Executes Stock Transactions Under 10b5-1 Plan

Director William H. Carson of Annexon, Inc. engaged in stock transactions, including the purchase of 3,200 shares and the disposal of 25,600 shares, under a pre-arranged 10b5-1 trading plan.

Summary

• William H. Carson, a director at Annexon, Inc., executed transactions involving the company's common stock.
• These transactions included the purchase of 3,200 shares at a weighted average price of $5.33 per share.
• Additionally, 25,600 shares were disposed of.
• The transactions were conducted under a pre-established Rule 10b5-1 trading plan adopted on January 4, 2024.
• The purchase price ranged from $5.25 to $5.53 per share.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock transactions by a company director. It doesn't indicate any positive or negative sentiment, it is a neutral event.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. The use of a 10b5-1 plan is a common practice to avoid accusations of insider trading.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the US.
• The use of a 10b5-1 trading plan is a common method for corporate insiders to trade company stock while avoiding insider trading allegations.
• The reported transactions are typical for directors and officers of public companies.

Stakeholder Impact

• The transactions may have a minor impact on the stock price, but are unlikely to be significant given the pre-planned nature of the trades.

Key Dates

Keywords

Annexon, stock transactions, Form 4, insider trading, Rule 10b5-1, William H. Carson, director