Insider Trading Arrangements |
3 Months Ended |
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Jun. 30, 2026
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| Trading Arrangements, by Individual | |
| Material Terms of Trading Arrangement | During the quarterly period ended June 30, 2026, the following directors and officers of the Company adopted Rule 10b5-1 trading arrangements that are each intended to satisfy the affirmative defense of Rule 10b5-1(c) promulgated under the Exchange Act. The details of these arrangements are as follows: On May 22, 2026, Mark A. Goldsmith, M.D., Ph.D., our President and Chief Executive Officer and Chair of the Board of Directors, adopted a Rule 10b5-1 trading plan. Dr. Goldsmith’s Rule 10b5-1 trading plan is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) promulgated under the Exchange Act, and provides for (i) the potential exercise and sale of up to 150,000 shares of our common stock subject to a stock option held by Dr. Goldsmith, (ii) the potential sale of up to 12,000 shares of our common stock by a trust for which Dr. Goldsmith is a trustee and (iii) the potential sale of up to 12,000 shares of our common stock by another trust for which Dr. Goldsmith is a trustee. The trading plan will terminate at the earlier of the execution of all trading orders pursuant to the plan and September 30, 2027. On May 22, 2026, Jeff Cislini, Senior Vice President, General Counsel and Secretary, adopted a Rule 10b5-1 trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) promulgated under the Exchange Act, which provides for (i) the potential exercise and sale of up to 78,966 shares of our common stock subject to stock options held by Mr. Cislini and (ii) the potential sale of shares of our common stock issued upon the settlement of 21,000 restricted stock units, less the number of shares sold to cover tax withholding obligations in connection with the vesting and settlement of such restricted stock units. The trading plan will terminate at the earlier of the execution of all trading orders pursuant to the plan and April 30, 2027. On June 11, 2026, Anthony Mancini, our Chief Global Commercialization Officer, adopted a Rule 10b5-1 trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) promulgated under the Exchange Act, which provides for (i) the potential exercise and sale of up to 24,968 shares of our common stock subject to stock options held by Mr. Mancini and (ii) the potential sale of shares of our common stock issued upon the settlement of 18,950 restricted stock units, less the number of shares sold to cover tax withholding obligations in connection with the vesting and settlement of such restricted stock units. The trading plan will terminate at the earlier of the execution of all trading orders pursuant to the plan and March 3, 2027.
On June 12, 2026, Steve Kelsey, M.D., FRCP, FRCPath, who served as our President, Research and Development until June 30, 2026 and currently serves as Senior Advisor to the Chief Executive Officer, adopted a Rule 10b5-1 trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) promulgated under the Exchange Act, which provides for the potential exercise and sale of up to 92,531 shares of our common stock subject to a stock option held by Dr. Kelsey. The trading plan will terminate at the earlier of the execution of all trading orders pursuant to the plan and March 31, 2027.
On June 14, 2026, Alan Sandler, M.D., our Chief Development Officer, adopted a Rule 10b5-1 trading arrangement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) promulgated under the Exchange Act. Dr. Sandler’s trading arrangement covers the sale of the number of shares of our common stock required to be sold to cover tax withholding obligations for restricted stock unit awards that vest after June 15, 2026. The aggregate number of shares to be sold pursuant to this trading arrangement is dependent on the number of restricted stock unit awards that may be granted to Dr. Sandler from time to time and the taxes on these restricted stock unit awards, and, therefore, is indeterminable at this time.
On June 15, 2026, Anthony Mancini, our Chief Global Commercialization Officer, adopted a Rule 10b5-1 trading arrangement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) promulgated under the Exchange Act. Mr. Mancini’s trading arrangement covers the sale of the number of shares of our common stock required to be sold to cover tax withholding obligations for restricted stock unit awards that vest after June 15, 2026. The aggregate number of shares to be sold pursuant to this trading arrangement is dependent on the number of restricted stock unit awards that may be granted to Mr. Mancini from time to time and the taxes on these restricted stock unit awards, and, therefore, is indeterminable at this time. |
| Mark A. Goldsmith [Member] | |
| Trading Arrangements, by Individual | |
| Name | Mark A. Goldsmith |
| Title | President and Chief Executive Officer and Chair of the Board of Directors |
| Rule 10b5-1 Arrangement Adopted | true |
| Adoption Date | May 22, 2026 |
| Expiration Date | September 30, 2027 |
| Jeff Cislini [Member] | |
| Trading Arrangements, by Individual | |
| Name | Jeff Cislini |
| Title | Senior Vice President, General Counsel and Secretary |
| Rule 10b5-1 Arrangement Adopted | true |
| Adoption Date | May 22, 2026 |
| Expiration Date | April 30, 2027 |
| Steve Kelsey [Member] | |
| Trading Arrangements, by Individual | |
| Name | Steve Kelsey, M.D |
| Title | President, Research and Development |
| Rule 10b5-1 Arrangement Adopted | true |
| Adoption Date | June 12, 2026 |
| Expiration Date | March 31, 2027 |
| Aggregate Available | 92,531 |
| Alan Sandler [Member] | |
| Trading Arrangements, by Individual | |
| Name | Alan Sandler, M.D |
| Title | Chief Development Officer |
| Rule 10b5-1 Arrangement Adopted | true |
| Adoption Date | June 14, 2026 |
| Plan One | Mark A. Goldsmith [Member] | |
| Trading Arrangements, by Individual | |
| Aggregate Available | 150,000 |
| Plan One | Jeff Cislini [Member] | |
| Trading Arrangements, by Individual | |
| Aggregate Available | 78,966 |
| Plan One | Anthony Mancini [Member] | |
| Trading Arrangements, by Individual | |
| Name | Anthony Mancini |
| Title | Chief Global Commercialization Officer |
| Rule 10b5-1 Arrangement Adopted | true |
| Adoption Date | June 11, 2026 |
| Expiration Date | March 3, 2027 |
| Aggregate Available | 24,968 |
| Plan Two | Mark A. Goldsmith [Member] | |
| Trading Arrangements, by Individual | |
| Aggregate Available | 12,000 |
| Plan Two | Jeff Cislini [Member] | |
| Trading Arrangements, by Individual | |
| Aggregate Available | 21,000 |
| Plan Two | Anthony Mancini [Member] | |
| Trading Arrangements, by Individual | |
| Name | Anthony Mancini, |
| Title | Chief Global Commercialization Officer |
| Rule 10b5-1 Arrangement Adopted | true |
| Adoption Date | June 15, 2026 |
| Aggregate Available | 18,950 |
| Plan Three | Mark A. Goldsmith [Member] | |
| Trading Arrangements, by Individual | |
| Aggregate Available | 12,000 |