Form 4: Apogee Therapeutics' Chief Medical Officer Sells Shares Under 10b5-1 Trading Plan

Sentiment:

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

DateDescription
2024-08-21Date of adoption of Rule 10b5-1 trading plan
2025-04-02Date of stock sale transactions
2025-04-04Date 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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