$RARE

Horn Howard sold $156K of RARE

Horn Howard (Chief Financial Officer) sold 4,698 shares of Ultragenyx Pharmaceutical Inc. (RARE) at $33.13 ($0.16M total) on 2026-07-01 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Horn Howard
Published Jul 6, 2026, 7:37 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Jul 6, 2026, 7:41 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefInsider activity
Primary signal
$RARE
Neutral
high confidence
Mentioned
$RARE
Relevance
3/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$RARENeutralLow
01

Why it matters

The disclosure updates the insider trading record but does not, by itself, indicate a new fundamental development for Ultragenyx.

02

Market read

Traders may treat this as routine insider activity; absent other catalysts, it is unlikely to drive a directional trade.

03

What to watch

The article provides only the sale details; it does not include any concurrent company news (earnings, guidance, trial updates) that would contextualize the sale.

Relevance 3/10Novelty 3/10Timing: Filed July 6, 2026; sale executed July 1, 2026.

Background

This is an SEC Form 4 insider transaction for Ultragenyx Pharmaceutical Inc., reported by CFO Horn Howard.

Company-level read

Ticker impact

$RARENeutralHigh confidence
Context

Horn Howard, Ultragenyx’s CFO, sold 4,698 shares in an open-market transaction under a 10b5-1 plan, totaling $155,644.74.

Expected impact

Low likelihood of a near-term price move driven solely by this Form 4 sale.

Evidence & confidence

The filing is a disclosed insider sale (not a buy), but it is explicitly under a Rule 10b5-1 plan, which reduces the immediacy/interpretability of the signal.

Market effects

Minimal—this is company-specific insider transaction disclosure with no stated operational/regulatory/clinical catalyst.

None indicated.

None indicated.

Counterpoint

Even with 10b5-1, repeated insider selling can coincide with valuation or liquidity needs; traders may still watch for follow-on insider activity.

Key entities

  • Ultragenyx Pharmaceutical Inc.

    RARE; subject of the Form 4 insider sale disclosure.

  • Horn Howard

    CFO who executed an open-market sale under a Rule 10b5-1 plan.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

Related articles

$RAREHighAI 9/10

RARE Stock Jumps 13% — Extends Gains After-Hours As FDA Clears First Sanfilippo Gene Therapy

Ultragenyx Pharmaceutical Inc. (RARE) shares rose 13% during trading and 3% after-hours after the FDA approved Fayuvi, a gene therapy for Sanfilippo syndrome type A. The stock had previously hit a 52-week low. The therapy, priced at $3.95 million per patient, is Ultragenyx's second gene therapy approval. Retail sentiment on Stocktwits turned 'extremely bullish'.

$RAREHighAI 9/10

RARE Looks 68.1% Undervalued on GF Value™ After FDA Approval Boo

Ultragenyx (RARE) received FDA approval for its gene therapy Fayuvi, the first treatment for Type A Sanfilippo syndrome. The company's P/S ratio is 2.09, below its historical median of 16.1x. GuruFocus estimates RARE is 68.1% undervalued at $14.50 per share, but notes risks due to ongoing losses and cash burn. Insiders have sold $4.0M in shares in the past year.

$RAREHighAI 9/10

Ultragenyx Pharmaceutical Inc. (RARE): Other Events

Ultragenyx Pharmaceutical Inc. (RARE) filed an SEC Form 8-K — Other Events. Item 8.01 Other Events. On September 17, 2026, Ultragenyx Pharmaceutical Inc. (“Ultragenyx” or the “Company”) announced that the U.S. Food and Drug Administration (the “FDA”) granted standard full approval of FAYUVI™ (rebisufligene etisparvovec-hopf), also known as UX111, for the

$RAREHighAI 9/10

Ultragenyx stock surges 10% on FDA approval for gene therapy

Ultragenyx Pharmaceutical (RARE) shares rose 10% after the FDA approved Fayuvi, a gene therapy for mucopolysaccharidosis type IIIA. This is the first FDA-authorized treatment for this rare pediatric disease. The therapy showed improved cognitive function in clinical trials but carries risks like liver enzyme increases and potential long-term tumor development.