Insider Trends: Athenex Insider Reports Option Conversion in Face of 90-Day Selling Trend
05:01 PM EDT, 05/07/2021 (MT Newswires) -- On May 07, 2021, Dr Rudolf Kwan, EVP, Chief Medical Officer, exercised options for 24,000 shares in Athenex (ATNX) for $109,200. Following the Form 4 filing with the SEC, Dr Kwan owns 167,768 shares of the company, with a market value, based on the prior-day closing price, of $718,047.
In the 90 days prior to the date of this filing, there have been 4 insider transactions reported to the SEC for Athenex. These transactions came from the activities of 3 individual insiders that resulted in a net disposition of 507,931 company shares. In the preceding 90-day window of time, there were 3 transactions from 1 insider which resulted in the acquisition of 12,000 shares.
This is lower than the average level of insider transactions in the 324-company Bio Therapeutic Drugs peer group over the last 90-day period. Peer group activity averaged 60.0 transactions per company, with company insiders acquiring on average 36,322 shares.
SEC Story Link http://www.sec.gov/Archives/edgar/data/1300699/000120919121030958/xslF345X03/doc4.xml
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