Form 4: Axsome Therapeutics COO Sells Shares
Insider Transaction (Form 4)
Mark L. Jacobson, Chief Operating Officer of Axsome Therapeutics, Inc., sold 10,000 shares of common stock on September 3, 2026 for $208.65 per share.
Summary
- Option exercise/conversion: acquired 10,000 Common Stock at $12.95 ($129,500) on September 3, 2026; holds 10,000 after (Direct).
- Open-market sale: disposed of 10,000 Common Stock at $208.65 ($2,086,500) on September 3, 2026 (Direct).
- Option exercise/conversion: disposed of 10,000 Stock Option (Right to Buy) on September 3, 2026; holds 104,954 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $2,086,500 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Mark L. Jacobson — Officer (Chief Operating Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-03 | Option exercise/conversion | Common Stock | 10,000 | $13 | $129.5K | 10,000 |
| 2026-09-03 | Open-market sale | Common Stock | 10,000 | $209 | $2.1M | 0 |
| 2026-09-03 | Option exercise/conversion | Stock Option (Right to Buy) | 10,000 | — | — | 104,954 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-03 | Option exercise/conversion (10,000 shares) |
| 2026-09-03 | Open-market sale (10,000 shares) |
| 2026-09-03 | Option exercise/conversion (10,000 shares) |
Keywords
insider transaction, Form 4, AXSM, Axsome Therapeutics, Inc., bearish, Mark L. Jacobson
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