Apogee Therapeutics (APGE) CEO sells 20,000 shares in planned trades, keeps over 1.09M
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Apogee Therapeutics, Inc. Chief Executive Officer Michael Thomas Henderson reported multiple open-market sales of common stock. On June 10, 2026, he sold a total of 20,000 shares of Apogee common stock in several transactions under a previously adopted Rule 10b5-1 trading plan dated August 13, 2025. Reported sale prices for these trades include individual weighted-average prices such as $82.78 and $86.89 per share, with underlying trade ranges detailed in the footnotes. Following these sales, Henderson continued to directly own 1,095,987 shares of Apogee common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 20,000 shares ($1,667,622)
Net Sell
6 txns
Insider
HENDERSON MICHAEL THOMAS
Role
Chief Executive Officer
Sold
20,000 shs ($1.67M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,770 | $82.21 | $557K |
| Sale | Common Stock | 7,654 | $82.78 | $634K |
| Sale | Common Stock | 1,080 | $84.18 | $91K |
| Sale | Common Stock | 1,577 | $85.19 | $134K |
| Sale | Common Stock | 2,305 | $86.27 | $199K |
| Sale | Common Stock | 614 | $86.89 | $53K |
Holdings After Transaction:
Common Stock — 1,109,217 shares (Direct, null)
Footnotes (1)
- This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on August 13, 2025. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $81.57 to $82.56, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $82.57 to $83.33, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $83.595 to $84.50, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $84.71 to $85.665, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $85.74 to $86.70, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range. The price reported above is a weighted average price. The shares were sold in multiple transactions at prices ranging from $86.835 to $87.165, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range.
Key Figures
Shares sold: 20,000 shares
Post-transaction holdings: 1,095,987 shares
Sale price example: $82.78 per share
+3 more
6 metrics
Shares sold
20,000 shares
Total common stock sold on June 10, 2026
Post-transaction holdings
1,095,987 shares
CEO’s direct common stock ownership after sales
Sale price example
$82.78 per share
Weighted-average price for one transaction block
Sale price example
$86.89 per share
Weighted-average price for another transaction block
Sale transactions
6 transactions
Open-market sales coded as S on June 10, 2026
Trading plan date
August 13, 2025
Adoption date of 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
"This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted on August 13, 2025."
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 above is a weighted average price. The shares were sold in multiple transactions..."
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", transaction_code_description: "Sale in open market or private transaction""
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): { "issuerName": "Apogee Therapeutics, Inc.""
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 Apogee Therapeutics (APGE) report for its CEO?
Apogee Therapeutics reported that CEO Michael Thomas Henderson sold 20,000 shares of common stock in open-market transactions. These trades occurred on June 10, 2026 and were executed in multiple blocks at different prices, all disclosed in the Form 4 footnotes.
Were the Apogee Therapeutics (APGE) CEO’s stock sales made under a Rule 10b5-1 plan?
Yes. The filing states the CEO’s June 10, 2026 stock sales were executed under a Rule 10b5-1 trading plan adopted on August 13, 2025. Such plans pre-schedule trades, helping separate routine liquidity management from discretionary market-timed decisions.
How many separate stock sale transactions did the Apogee Therapeutics (APGE) CEO execute?
The filing lists six separate open-market sale transactions on June 10, 2026. Together, these sales total 20,000 shares of Apogee common stock, with each line item showing its own weighted-average sale price and the CEO’s direct share balance following that transaction.
Does the Apogee Therapeutics (APGE) Form 4 show any option exercises or gifts?
No. The summarized Form 4 data show only open-market sales of common stock coded as “S.” There are no reported option exercises, tax-withholding dispositions, gifts, or derivative security transactions in this particular filing’s transaction summary.