4Accepted Aug 12, 5:05 PM ET
908 Devices (MASS) Director Christopher D. Brown Sells Shares
Accepted (ET)
5:05 PM
Aug 12, 2026
Filed
Aug 12, 2026
Documents
1
Size
7.4 KB
Summary
908 Devices (MASS) Director Christopher D. Brown Sells Shares
What Happened Christopher D. Brown, a director of 908 Devices, sold a total of 17,800 shares in two open-market transactions: 9,442 shares at a weighted average price of $9.03 on Aug 10, 2026 (proceeds ≈ $85,261) and 8,358 shares at a weighted average price of $9.23 on Aug 11, 2026 (proceeds ≈ $77,144). Total proceeds for the two disposals are approximately $162,405. These were sales (not purchases).
Key Details
- Transaction dates: Aug 10, 2026 (9,442 shares) and Aug 11, 2026 (8,358 shares).
- Reported weighted-average prices and ranges:
- Aug 10 sale: weighted avg $9.03; executed in multiple trades at $9.00–$9.08 (Footnote F2).
- Aug 11 sale: weighted avg $9.23; executed in multiple trades at $9.06–$9.36 (Footnote F3).
- Reported as open-market sales (code S).
- Plan note: Trades were made pursuant to a Rule 10b5-1 trading plan adopted Nov 24, 2025 (Footnote F1).
- Shares owned after the transactions: not disclosed in the provided excerpt.
- Filing: Form 4 filed Aug 12, 2026 — appears to be timely (Form 4s must generally be filed within two business days).
Context A Rule 10b5‑1 plan lets insiders sell shares on a preset schedule, which can limit the extent to which a sale signals a change in the insider’s view of the company. For retail investors, purchases are typically more informative about insider confidence than routine sales; these transactions appear to be scheduled disposals under the 10b5‑1 plan rather than ad hoc trades.