WEISNER AIMEE S 4
Research Summary
AI-generated summary
Glaukos (GKOS) Director Aimee Weisner Exercises Options, Sells 15,000 Shares
What Happened
Aimee S. Weisner, a director of Glaukos Corp (GKOS), exercised 15,000 stock options on Feb 19, 2026 at a strike of $24.69 (cost ~ $370,350) and then sold a total of 15,000 common shares in multiple open-market trades for aggregate proceeds of about $1,760,762. The filing also shows a 980-share transfer to the Saeman Weisner Family Trust (a gift/transfer of ownership). The activity appears to be an exercise followed by immediate sales (cash-out of exercised shares).
Key Details
- Transaction date: Feb 19, 2026 (Form filed Feb 23, 2026 — within the usual 2 business-day window).
- Option exercise: 15,000 shares acquired at $24.69 each for $370,350. Footnote: option was granted June 2, 2016 and fully vested on its first anniversary.
- Open-market sales (multiple trades; reported as weighted averages):
- 2,153 shares @ $115.69 (range $115.01–$116.01) — $249,081
- 5,242 shares @ $116.64 (range $116.10–$117.10) — $611,427
- 1,134 shares @ $117.33 (range $117.12–$118.06) — $133,052
- 6,471 shares @ $118.56 (range $118.18–$118.74) — $767,202
- Total sold: 15,000 shares for ~$1,760,762.
- Transfer/gift: 980 shares moved from Weisner’s direct ownership to the Saeman Weisner Family Trust (footnote).
- Filing also lists a derivative/option conversion line for 15,000 shares disposed at $0 — a bookkeeping entry related to the option conversion (see footnotes).
- Shares owned after the transactions are not specified in the excerpt; the filing notes holdings include 2,731 restricted stock units (unvested or delivery deferred).
Context
- This sequence (exercise of options at a low strike followed by immediate open-market sales) is a common way for insiders to realize gains from long-dated options; it does not by itself indicate a change in company outlook.
- The 980-share transfer to a family trust is a non-market transfer (a gift/ownership restructuring), which generally does not signal trading sentiment.
- The filing includes price ranges and weighted-average prices because the sales were executed in multiple trades; the reporting person offers to provide full trade-level details on request.