Form 4: Apogee Therapeutics' Chief Medical Officer Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Carl Dambkowski, Chief Medical Officer of Apogee Therapeutics, sold common stock in multiple transactions on April 2, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- Carl Dambkowski, the Chief Medical Officer of Apogee Therapeutics, Inc. (APGE), reported the sale of common stock on April 2, 2025.
- The sales were executed under a Rule 10b5-1 trading plan adopted on August 21, 2024.
- A total of 3,860 shares were sold in multiple transactions at varying prices.
- The weighted average sale prices ranged from $35.56 to $37.59 per share.
- Following the reported transactions, Dambkowski beneficially owns 247,173 shares of Apogee Therapeutics common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating insider trading activity under a pre-arranged plan. It's neutral in sentiment as it simply reports transactions.
Industry Context
Sales by company insiders are a common occurrence and are often scrutinized by investors. The use of a 10b5-1 trading plan allows insiders to sell shares over a predetermined period, mitigating concerns about trading on non-public information.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.
Key Dates
| Date | Description |
|---|---|
| 2024-08-21 | Date of adoption of Rule 10b5-1 trading plan |
| 2025-04-02 | Date of stock sale transactions |
| 2025-04-04 | Date of Form 4 filing |
Keywords
Apogee Therapeutics, Carl Dambkowski, Form 4, SEC, Stock Sale, Rule 10b5-1, Chief Medical Officer, APGE
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