Form 4: Intellia Therapeutics Director Muna Bhanji Sells 265 Shares Under 10b5-1 Plan
SEC Form 4 Filing
Director Muna Bhanji of Intellia Therapeutics sold 265 shares of common stock on April 29, 2025, at a price of $8.5 per share, according to a Form 4 filing with the SEC.
Summary
- Muna Bhanji, a director at Intellia Therapeutics, Inc. (NTLA), reported a transaction involving the sale of common stock.
- On April 29, 2025, Bhanji sold 265 shares of Intellia Therapeutics common stock at a price of $8.5 per share.
- The sale was executed automatically under a pre-arranged 10b5-1 trading plan adopted on September 27, 2024.
- Following the transaction, Bhanji directly owns 19,203 shares of Intellia Therapeutics common stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to a pre-planned stock sale by a company director. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Sales by insiders are a normal part of corporate governance. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on any specific non-public information.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder sentiment, but the use of a 10b5-1 plan mitigates concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| September 27, 2024 | Date the 10b5-1 trading plan was adopted by the reporting person |
| April 29, 2025 | Date of the transaction (stock sale) |
| May 01, 2025 | Date of signature for the Form 4 filing |
Keywords
Intellia Therapeutics, NTLA, Muna Bhanji, Form 4, SEC Filing, Stock Sale, 10b5-1 Trading Plan, Director, Common Stock
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