Abeona (ABEO) CEO sells 29,985 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abeona Therapeutics Inc. CEO Vishwas Seshadri sold 29,985 shares of common stock in an open-market transaction. The sale occurred on March 31, 2026 at a weighted average price of $4.3849 per share, with individual trades between $4.31 and $4.43.
After the transaction, Seshadri directly held 1,430,423 shares of Abeona common stock. The filing states that the sale was made under a pre-arranged Rule 10b5-1 trading plan adopted on September 17, 2024, indicating it was scheduled in advance.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 29,985 shares ($131,481)
Net Sell
1 txn
Insider
Seshadri Vishwas
Role
Chief Executive Officer
Sold
29,985 shs ($131K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 29,985 | $4.3849 | $131K |
Holdings After Transaction:
Common Stock — 1,430,423 shares (Direct)
Footnotes (1)
- The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 17, 2024. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.31 to $4.43 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
Key Figures
Shares sold: 29,985 shares
Weighted average sale price: $4.3849 per share
Post-transaction holdings: 1,430,423 shares
+2 more
5 metrics
Shares sold
29,985 shares
Open-market sale on March 31, 2026
Weighted average sale price
$4.3849 per share
Average price reported for the sale transactions
Post-transaction holdings
1,430,423 shares
Common stock directly owned after the sale
Sale price range
$4.31–$4.43 per share
Range of prices across multiple sale executions
Plan adoption date
September 17, 2024
Date CEO adopted the Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Abeona Therapeutics (ABEO) report for its CEO?
Abeona Therapeutics reported that CEO Vishwas Seshadri sold 29,985 shares of common stock. The transaction was an open-market sale executed on March 31, 2026, reflecting a planned disposition rather than a newly announced strategic move.
Was the Abeona (ABEO) CEO’s stock sale part of a Rule 10b5-1 trading plan?
Yes. The filing states the shares were sold pursuant to a Rule 10b5-1 trading plan adopted on September 17, 2024. Such plans pre-schedule trades, helping separate routine portfolio management from discretionary, market-timed insider actions.
What does the price range in the Abeona (ABEO) CEO’s sale mean for investors?
The Form 4 notes a weighted average price and a sale range of $4.31 to $4.43. This indicates multiple executions within that band, typical for open-market trades, and underscores that $4.3849 is an average rather than a single transaction price.