[Form 4] Edgewise Therapeutics, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Edgewise Therapeutics, Inc. Chief Medical Officer Joanne M. Donovan reported an option exercise and related share sale. On April 1, 2026, she exercised stock options to acquire 28,662 shares of common stock at $7.08 per share, then sold 28,662 shares of common stock at an average price of $32.3109 per share. The sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on December 26, 2025. After these transactions, she directly holds 9,597 shares of Edgewise Therapeutics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 28,662 shares ($926,095)
Net Sell
3 txns
Insider
Donovan Joanne M.
Role
CMO
Sold
28,662 shs ($926K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 28,662 | $0.00 | -- |
| Exercise | Common Stock | 28,662 | $7.08 | $203K |
| Sale | Common Stock | 28,662 | $32.3109 | $926K |
Holdings After Transaction:
Stock Option (Right to Buy) — 125,000 shares (Direct);
Common Stock — 38,259 shares (Direct)
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person on December 26, 2025. The price reported in column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $32.00 to $32.60, 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 in this footnote. 1/48th of the shares subject to the option vest each month beginning on September 17, 2023, subject to the Reporting Person continuing as a service provider through each vest date.
Key Figures
Options exercised: 28,662 shares
Exercise price: $7.08 per share
Shares sold: 28,662 shares
+3 more
6 metrics
Options exercised
28,662 shares
Stock option exercise on April 1, 2026 at $7.08
Exercise price
$7.08 per share
Stock option (right to buy) for 28,662 shares
Shares sold
28,662 shares
Open-market sale of common stock on April 1, 2026
Average sale price
$32.3109 per share
Average of multiple trades between $32.00 and $32.60
Shares held after transactions
9,597 shares
Direct common stock holdings after April 1, 2026 trades
Option vesting schedule
1/48 monthly
Option vests monthly beginning September 17, 2023
Key Terms
Rule 10b5-1 Plan, Stock Option (Right to Buy, exercise or conversion of derivative security, open-market sale, +1 more
5 terms
Rule 10b5-1 Plan financial
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
Stock Option (Right to Buy financial
"security_title": "Stock Option (Right to Buy)"
exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security"
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.
vesting financial
"1/48th of the shares subject to the option vest each month beginning on September 17, 2023"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.