Kapadia Sandip 4
Research Summary
AI-generated summary
Harmony Biosciences (HRMY) CFO Sandip Kapadia Sells Shares
What Happened
Sandip Kapadia, Chief Financial Officer of Harmony Biosciences (HRMY), sold 3,746 shares of company common stock in an open-market transaction on January 26, 2026. The weighted average sale price was $37.15 per share, for total proceeds of approximately $139,171. This disposition was reported on a Form 4 filed January 28, 2026.
Key Details
- Transaction date: January 26, 2026; Form 4 filed January 28, 2026 (appears timely under the standard 2-business-day rule).
- Quantity and price: 3,746 shares sold; weighted average price $37.15; individual trade prices ranged from $36.57 to $37.70.
- Total value: Approximately $139,171.
- Plan/footnotes: Sale was made pursuant to a pre-established Rule 10b5‑1 trading plan (Footnote 1). Price shown is a weighted average; the filer can provide per-trade breakdown on request (Footnote 2).
- Correction: The filing notes a correction to a prior Form 4 (filed Jan 26, 2026) that had misstated the number of shares beneficially owned; the current filing corrects that figure (Footnote 3).
- Shares owned after transaction: Reported in the Form 4 (corrected), but the specific post-sale holding is not provided in this summary.
Context
- Sales executed under a Rule 10b5‑1 plan are pre-scheduled and are commonly used by insiders to crystallize gains or meet liquidity needs; such sales do not necessarily signal a change in the insider’s view of the company.
- For retail investors tracking insider activity, purchases generally carry more informational weight than routine, pre-planned sales. This filing documents a routine sale by the CFO rather than an acquisition or exercise.