v3.26.1
Insider Trading Arrangements
3 Months Ended
Jun. 30, 2026
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Trading Arrangements, by Individual  
Non-Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Terminated false
Stephane Bancel [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
On May 4, 2026, Stéphane Bancel, our Chief Executive Officer, terminated a trading arrangement that was intended to satisfy the affirmative defense of Rule 10b5-1(c), which had been entered into on November 28, 2025, and was scheduled to commence as early as May 13, 2026, with a termination date of August 10, 2026. The plan provided for the potential sale of up to 751,715 shares of the Company’s common stock. No shares of common stock were sold under the plan prior to its termination.

Mr. Bancel has two stock option awards that will reach their ten-year expiration on August 10, 2026, including an option to purchase 558,394 shares and an option to purchase 193,321 shares. Mr. Bancel also has a stock option award to purchase 642,201 shares that will reach its ten-year expiration on February 23, 2027. Collectively, these awards are referred to as the “Bancel Expiring Options.”

On May 4, 2026, Mr. Bancel adopted a trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) (the Bancel 10b5-1 Plan). Between August 5, 2026, and February 26, 2027, the Bancel 10b5-1 Plan provides for the exercise of the Bancel Expiring Options and the sale of the number of shares of common stock necessary to cover the applicable exercise price, applicable withholding taxes, and related transaction costs. Mr. Bancel intends to retain the remaining shares of common stock acquired upon exercise. The Bancel 10b5-1 Plan expires on February 26, 2027, or upon the earlier completion of all authorized transactions under the plan.
Stephen Hoge [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
Stephen Hoge, our President, has a stock option award to purchase 458,715 shares that will reach its ten-year expiration on February 23, 2027, and a stock option to purchase 1,834,862 shares that will reach its ten-year expiration on October 3, 2027 (together, the Hoge Expiring Options). On June 15, 2026, Dr. Hoge adopted a trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) (the Hoge 10b5-1 Plan). Between September 14, 2026, and September 17, 2027, the Hoge 10b5-1 Plan provides for (i) the exercise of 917,431 of the Hoge Expiring Options and the sale of the shares of common stock acquired upon exercise and (ii) the exercise of the rest of the Hoge Expiring Options and the sale of the number of shares of common stock necessary to cover the applicable exercise price, applicable withholding taxes, and related transaction costs. Dr. Hoge intends to retain the remaining shares of common stock acquired upon exercise. The Hoge 10b5-1 Plan expires on September 17, 2027, or upon the earlier completion of all authorized transactions under the plan.
Name Stephen Hoge
Title President
Rule 10b5-1 Arrangement Adopted true
Adoption Date June 15, 2026
Expiration Date September 17, 2027
Arrangement Duration 368 days
Aggregate Available 917,431
Abbas Hussain [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
On June 15, 2026, Abbas Hussain, one of our directors, adopted a trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) (the Hussain 10b5-1 Plan). Beginning on May 6, 2027, the Hussain 10b5-1 Plan provides for a one-time sale of up to 2,930 shares of the Company’s common stock to satisfy tax obligations in connection with the vesting of an equity award. The Hussain 10b5-1 Plan expires on June 11, 2027, or upon the earlier completion of all authorized transactions under the Hussain 10b5-1 Plan.
Name Abbas Hussain
Title directors
Rule 10b5-1 Arrangement Adopted true
Adoption Date June 15, 2026
Expiration Date June 11, 2027
Arrangement Duration 36 days
Aggregate Available 2,930
James Mock [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
On June 9, 2026, James Mock, our Chief Financial Officer, adopted a trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) (the Mock 10b5-1 Plan). Between September 9, 2026 and March 1, 2027, the Mock 10b5-1 Plan provides for the potential sale of up to 15,000 shares of the Company’s common stock and for the potential exercise of vested stock options and the associated sale of up to 19,836 shares of the Company’s common stock. The Mock 10b5-1 Plan covers an aggregate maximum number of 34,836 shares of common stock. The Mock 10b5-1 Plan expires on March 1, 2027, or upon the earlier completion of all authorized transactions under the Mock 10b5-1 Plan.
Name James Mock
Title Chief Financial Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date June 9, 2026
Expiration Date March 1, 2027
Arrangement Duration 173 days
Aggregate Available 34,836
Shannon Klinger [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
On May 5, 2026, Shannon Klinger, our Chief Legal Officer, adopted a trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) (the Klinger 10b5-1 Plan). Between September 8, 2026 and September 1, 2027, the Klinger 10b5-1 Plan provides for the potential exercise of vested stock options and the associated sale of up to 31,805 shares of the Company’s common stock. The Klinger 10b5-1 Plan expires on September 10, 2027, or upon the earlier completion of all authorized transactions under the Klinger 10b5-1 Plan.
Name Shannon Klinger
Title Chief Legal Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date May 5, 2026
Expiration Date September 10, 2027
Arrangement Duration 358 days
Aggregate Available 31,805
Stephane Bancel November Plan [Member] | Stephane Bancel [Member]  
Trading Arrangements, by Individual  
Name Stéphane Bancel
Title Chief Executive Officer
Rule 10b5-1 Arrangement Terminated true
Termination Date May 4, 2026
Aggregate Available 751,715
Stephane Bancel May Plan [Member] | Stephane Bancel [Member]  
Trading Arrangements, by Individual  
Name Stéphane Bancel
Title Chief Executive Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date May 4, 2026
Expiration Date February 26, 2027
Arrangement Duration 205 days
Mock Plan Common stock [Member] | James Mock [Member]  
Trading Arrangements, by Individual  
Aggregate Available 15,000
Mock Plan Vested Stock Options [Member] | James Mock [Member]  
Trading Arrangements, by Individual  
Aggregate Available 19,836