The small CEO sale is likely liquidity-driven, and the COO's larger sale may be part of a pre-arranged plan. Monitor next 10-Q for any operational changes or guidance shifts that could explain insider selling.
Price Chart
Executive Summary
Two insiders at Rapport Therapeutics sold a total of $270K in shares over a one-week window in late September 2026. The CEO sold a small amount ($9K), while the COO sold a larger block ($262K) at a lower price. The total value is ~0.08% of the company's $326M market cap, falling below the 0.1% materiality threshold, and the COO's sale may be routine or plan-driven. This cluster is not a strong directional signal.
Key Financial Metrics
Key Facts
- CEO Ceesay Abraham sold 215 shares for ~$9K on 2026-09-23.
- COO Cheryl Gault sold 7,900 shares for ~$262K on 2026-09-30.
- Total insider sales of $270K represent ~0.08% of RAPP's $326M market cap.
- No open-market purchases were reported in this cluster.
- The COO's sale is the dominant transaction by value but may be routine or 10b5-1 plan-driven.
Financial Impact
Total insider sales of $270K, or ~0.08% of market cap — trivial relative to company size.
Risk Factors
- Insider selling, even at low levels, can precede negative news if unplanned.
- The COO's sale at a lower price than the CEO's may indicate a lack of confidence, though the absolute dollar amount is small.
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RAPP-1790886659880 |
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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