Monitor for subsequent Form 4 filing to confirm actual sale execution. The small size of this proposed sale suggests no material insider concern, but the pattern of recent insider selling (6 sales totaling $743K in 30 days) warrants watching for any acceleration.
Price Chart
Executive Summary
Cheryl Gault, an officer of Rapport Therapeutics, filed a Form 144 on June 30, 2026, indicating intent to sell 10,000 shares of common stock, valued at approximately $403,900. The shares were acquired as founders' shares in September 2024. The proposed sale is small relative to the company's $1.9B market cap and represents a routine insider filing with minimal immediate market impact.
Key Facts
- Insider: Cheryl Gault (officer) filed Form 144 on 2026-06-30
- Proposed sale: 10,000 shares of common stock
- Estimated value: ~$403,900 based on filing date
- Shares acquired as founders' shares on 09/05/2024
- Broker: Morgan Stanley Smith Barney LLC
Financial Impact
Proposed sale of ~$403,900, representing approximately 0.02% of shares outstanding — immaterial to company valuation
Risk Factors
- Insider selling could signal reduced confidence, though the amount here is negligible
- Form 144 is only an intent to sell; the sale may not occur
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-006648 |
| Document: 0001950047-26-006648-index.html | 0001950047-26-006648 |
| Document: 0001950047-26-006648.txt | 0001950047-26-006648 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 2d ago | Insider Cluster | $26.00 | awaiting T+5 | — | $25.93 (−0.27%) |
Oct 22, 2026 4d ago | Insider Cluster | $27.33 | awaiting T+5 | — | $25.93 (−5.12%) |
Oct 21, 2026 4d ago | Insider Buy | $26.53 | awaiting T+5 | — | $25.93 (−2.26%) |
Oct 20, 2026 6d ago | 8-K | $29.37 | awaiting T+5 | — | $25.93 (−11.71%) |
Oct 6, 2026 19d ago | 144 | $30.86 $28.33 | ▲ +8.20% | ▲ +7.22% | $25.93 (+15.98%) |
Oct 1, 2026 24d ago | Insider Cluster | $32.17 $30.65 | ▼ −4.72% | ▼ −5.89% | $25.93 (−19.40%) |
Aug 26, 2026 8w ago | Insider Cluster | $50.83 $47.65 | ▼ −6.26% | ▼ −6.52% | $25.93 (−48.99%) |
Aug 5, 2026 11w ago | 8-K | $42.44 $47.73 | ▲ +12.46% | ▲ +12.11% | $25.93 (−38.90%) |
Jul 1, 2026 16w ago | Insider Cluster | $38.97 $41.75 | ▲ +7.13% | ▲ +5.77% | $25.93 (−33.46%) |
Jun 30, 2026 16w ago | 144 | $39.39 $39.72 | ▲ +0.84% | ▲ +0.58% | $25.93 (−34.17%) |
US Market Status
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