HERSHBERG ROBERT 4

What Happened
Robert Hershberg, a director of AtaiBeckley Inc. (ATAI), exercised stock options on July 7, 2026 to acquire a total of 100,000 shares (48,858 and 51,142) at $1.35 per share, paying about $135,000. On the same day he disposed of 100,000 shares in an open-market sale at a weighted-average price of $4.96, generating gross proceeds of approximately $496,000. The net cash difference from the transactions (proceeds minus exercise cost) is roughly $361,000. The Form 4 was filed on July 9, 2026.

Key Details

• Transaction date: July 7, 2026; Form 4 filed July 9, 2026 (filed two days after the trades).
• Option exercise: 48,858 shares @ $1.35 = $65,958 and 51,142 shares @ $1.35 = $69,042 (total ≈ $135,000). Reported with code M (option exercise/conversion).
• Sale: 100,000 shares sold in open market at a weighted-average price of $4.96 for total proceeds ≈ $496,000 (per-share range $4.90–$5.08). Reported with code S.
• Filing notes: Transactions were executed under a Rule 10b5-1 trading plan adopted April 7, 2026 (Footnote F1). The sale price is a weighted average; the filer can provide breakdown by price on request (F2). The option was fully vested (F3).
• Shares owned after the reported transactions: not disclosed in the filing.

Context
The filing shows an option exercise followed by a same-day sale of the resulting shares (exercise/convert then sell). The zero-dollar “disposed” derivative entries reflect the conversion/cancellation of the options upon exercise. These trades were made under a pre-established 10b5-1 plan, which typically schedules transactions in advance. This is a common pattern (exercise to acquire shares then sell them) and should be read as factual reporting rather than a directional endorsement of the stock.