Insider Cluster (1 insider) ·Filed Mar 16, 2026

BCRX

BIOCRYST PHARMACEUTICALS INC
NEUTRAL
Impact 4/10
Horizondays Processed6mo ago
Insider cluster: 2 insiders, $1.9M total
Actionable Insight • Neutral

Monitor for follow-up transactions from other insiders; while this is a modest sale, the timing relative to earnings or clinical developments could signal sentiment. The derivative exercises suggest option expiration or vesting, not necessarily bearish intent.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
BCRX ▼ -9.35% at T+60d
NEUTRAL call ✗ call lost -9.35% · α vs SPY -19.84% · entry $9.30 → $8.43
Entry anchored
Mar 13, 03:59 PM ET
via exchange tick
T+1d
-0.97%
call -0.97% · α -1.24%
$9.21
settled 7mo ago
T+5d
+5.38%
call +5.38% · α +7.42%
$9.80
settled 7mo ago
T+20d
+3.98%
call +3.98% · α +0.20%
$9.67
settled 6mo ago
T+60d
-9.35%
call -9.35% · α -19.84%
$8.43
settled 4mo ago

Price Chart

Loading chart...

Executive Summary

Director Theresa Heggie sold 49,933 shares of BioCryst Pharmaceuticals for $504,823 in an open-market transaction. This sale was accompanied by the exercise of derivative securities related to the same share amount, including a non-cash exercise. The total open-market sale represents a modest but notable insider disposition.

Key Financial Metrics

Direction
selling
Total Value
$504.8K
Insiders
1

Key Facts

  • Director Theresa Heggie sold 49,933 shares at $10.11 per share for total proceeds of $504,823.
  • On the same day, she exercised derivative securities for 99,866 shares (two separate exercises: one at $6.30 and one at $0 strike price).
  • Only the open-market sale (Form 4 code 'S') represents a cash transaction; the derivative exercises (code 'M') are non-cash events and do not reflect new investment or direct selling pressure.
  • Total open-market selling in the past 7 days: $504,823 (one insider). Recent 30-day selling totals $1.9M across two insiders.

Financial Impact

$504,823 in open-market sales by a director

insider ownershipshare float

Risk Factors

  • Perception of insider selling may weigh on sentiment if not contextualized.
  • Further sales from other insiders could indicate broader concern.

Market Snapshot

Exchange
Nasdaq

Investment Themes

Biotech & Drug Discovery

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (3 trades, 7d window)cluster-BCRX-1774382654020
12 reports for BCRX
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+20▲ +21.01%Feb 26, 2026
Filters
Rows
Reports for BCRX — sortable, filterable
TypeNow
Aug 5, 2026
8w ago
8-K
BULLISH ★ 7/10
$9.07 $10.17▲ +12.13%▲ +12.73%$8.09 (−10.86%)
Jun 29, 2026
13w ago
8-K
NEUTRAL ★ 5/10
$9.55 $9.34▼ −2.20%▼ −1.92%$8.09 (−15.34%)
Jun 12, 2026
15w ago
8-K
NEUTRAL ★ 3/10
$9.06 $9.91▲ +9.38%▲ +10.13%$8.09 (−10.76%)
Jun 12, 2026
16w ago
Press Release
NEUTRAL ★ 4/10
$8.70 $10.45▲ +20.11%▲ +18.34%$8.09 (−7.07%)
May 19, 2026
19w ago
Insider Cluster
NEUTRAL ★ 3/10
$8.74 $8.99▲ +2.86%▲ +2.12%$8.09 (−7.49%)
May 13, 2026
20w ago
144
NEUTRAL ★ 2/10
$9.60 $8.50▼ −11.46%▼ −10.85%$8.09 (−15.78%)
May 6, 2026
21w ago
8-K
NEUTRAL ★ 5/10
$8.83 $8.25▼ −6.57%▼ −9.35%$8.09 (−8.44%)
May 4, 2026
21w ago
8-K
BULLISH ★ 7/10
$9.20 $8.57▼ −6.85%▼ −12.49%$8.09 (−12.12%)
Apr 23, 2026
23w ago
DEFA14A
NEUTRAL ★ 3/10
$8.94 $8.37▼ −6.38%▼ −10.40%$8.09 (−9.56%)
Apr 15, 2026
24w ago
Press Release
NEUTRAL ★ 3/10
$9.44 $8.80▼ −6.78%▼ −12.82%$8.09 (−14.35%)
Showing 10 of 12

US Market Status

Market Open — Closes in 1h 37m

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access
Report published Mar 24, 2026