Form 4: Pacific Biosciences Of California Executive Sells Shares
Insider Transaction (Form 4)
James R Gibson Ii, See Remarks of Pacific Biosciences Of California, Inc., sold 661,815 shares of common stock on October 6, 2026 for $3.11 per share.
Summary
- Option exercise/conversion: acquired 500,000 Common Stock at $1.18 ($590,000) on October 6, 2026; holds 1,745,663 after (Direct).
- Open-market sale: disposed of 661,815 Common Stock at $3.11 ($2,056,921) on October 6, 2026; holds 1,083,848 after (Direct).
- Option exercise/conversion: disposed of 500,000 Stock Option (right to buy) on October 6, 2026; holds 1,500,000 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $2,056,921 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
James R Gibson Ii — Officer (See Remarks)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-10-06 | Option exercise/conversion | Common Stock | 500,000 | $1 | $590.0K | 1,745,663 |
| 2026-10-06 | Open-market sale | Common Stock | 661,815 | $3 | $2.1M | 1,083,848 |
| 2026-10-06 | Option exercise/conversion | Stock Option (right to buy) | 500,000 | — | — | 1,500,000 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-06 | Option exercise/conversion (500,000 shares) |
| 2026-10-06 | Open-market sale (661,815 shares) |
| 2026-10-06 | Option exercise/conversion (500,000 shares) |
Keywords
insider transaction, Form 4, PACB, PACIFIC BIOSCIENCES OF CALIFORNIA, INC., bearish, James R Gibson Ii
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