Simon Barry J. 4
Research Summary
AI-generated summary
ImmunityBio (IBRX) Director Simon Barry Sells 75,000 Shares
What Happened
Simon Barry, a director of ImmunityBio, sold 75,000 shares of IBRX stock on February 24, 2026. The aggregate reported value of the sale is $900,788; the weighted average price reported is $12.01 per share (sales occurred in a $12.00–$12.025 price range). This was a sale (not a purchase), and sales by insiders are often routine rather than a direct signal of company prospects.
Key Details
- Transaction date: February 24, 2026 (reported on Form 4 filed February 26, 2026).
- Transaction type/code: Sale (S) — open-market or private sale.
- Price details: Weighted average price $12.01; price range $12.00 to $12.025.
- Total reported proceeds: $900,788.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes:
- F1: Sale was effected under a Rule 10b5-1 trading plan adopted by Mr. Barry on September 4, 2024.
- F2: Weighted average reflects an aggregate sale in the $12.00–$12.025 range; Mr. Barry can provide per-price breakdowns to the SEC, the issuer, or shareholders upon request.
- Filing timeliness: Form 4 was filed on Feb 26, 2026, within the typical two-business-day reporting window (timely).
Context
Because the sale was executed under a pre-established 10b5-1 trading plan, it was likely pre-scheduled and may not reflect Mr. Barry’s current view of the company. For retail investors, purchases generally carry more inference about insider confidence; routine sales under 10b5-1 plans are common and not uncommon to see.