Perry Jennifer Scott 4
Research Summary
AI-generated summary
Bicycle Therapeutics (BCYC) COO Jennifer Perry Sells Shares
What Happened
Jennifer Scott Perry, Chief Operating Officer of Bicycle Therapeutics plc (BCYC), sold a total of 1,412 shares in open-market transactions on July 2 and July 6, 2026, generating roughly $6,054 in proceeds. Transactions reported:
- July 2, 2026: 1,036 shares sold at a weighted avg price of $4.27, proceeds ~$4,424.
- July 6, 2026: 43 shares sold at a weighted avg price of $4.31, proceeds ~$185.
- July 6, 2026: 333 shares sold at $4.34, proceeds ~$1,445.
These were sales (not purchases); part of the activity includes a mandated sell-to-cover for tax withholding and a preplanned sale under a Rule 10b5-1 plan.
Key Details
- Transaction dates and prices:
- 2026-07-02: 1,036 shares @ $4.27 (weighted avg; range $4.26–$4.29 per footnote).
- 2026-07-06: 43 shares @ $4.31 (weighted avg; range $4.30–$4.31 per footnote).
- 2026-07-06: 333 shares @ $4.34 (reported as executed under a Rule 10b5-1 plan).
- Total proceeds: ≈ $6,054.
- Footnotes of note:
- F1: The July 2 sale represents a required "sell-to-cover" to satisfy statutory tax withholding related to RSU vesting (not a discretionary sale).
- F2/F3: Prices for the 1,036- and 43-share lots are weighted averages across multiple executions; the filer can provide detailed breakouts on request.
- F4: One July 6 sale was made pursuant to a Rule 10b5-1 trading plan adopted March 27, 2025 (preplanned).
- Shares owned after the transactions: not disclosed in the provided excerpt of the filing.
- Filing date: Form filed July 7, 2026. Form 4s are generally required within two business days of a transaction; the filing includes trades on July 2 and July 6 (check the full EDGAR filing for any timeliness notes).
Context
- Sell-to-cover transactions (F1) are routine to satisfy tax withholding when RSUs vest and are generally not considered discretionary insider selling.
- Sales executed under a 10b5-1 plan (F4) are preplanned and do not necessarily reflect current views by the insider.
- For a full view (ownership after the trades, exact per-trade price breakdowns, and any timeliness annotations), consult the complete Form 4 on SEC EDGAR.