Arbutus Biopharma Corp: director Roger Sawhney sold 17,142 shares

What happened Roger Sawhney, a director, disposed of 17,142 common shares to the issuer at $5.00 per share on Oct 1, 2026, for $85,710. The Form 4 records the transaction code D (disposition to the issuer).

Key details

• Transaction date and price: Oct 1, 2026 — 17,142 shares at $5.00 per share; total $85,710.
• Filing date and period: Form filed Oct 7, 2026; Period of Report Oct 1, 2026.
• Shares owned after the transaction: not reported in the provided filing excerpt.
• Footnote F1: shares were tendered to the issuer pursuant to the issuer's tender offer; the issuer took up and accepted the common shares for payment on Oct 1, 2026.
• Transaction code: D = disposition to the issuer.
• Late filing: the filing does not indicate that it was filed late.

Why it may matter The transaction was a disposition to the issuer in connection with the issuer's tender offer, not an options exercise and not a gift. A filing does not show why the insider traded or why the company acted.