Hattersley Gary sold $709K of NUVB

Hattersley Gary (CHIEF SCIENTIFIC OFFICER) sold 100,000 shares of Nuvation Bio Inc. (NUVB) at $7.09 ($0.71M total) on 2026-08-19 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Hattersley Gary
Published Aug 21, 2026, 8:49 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Aug 21, 2026, 9:00 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
$NUVB
Bearish
medium confidence
Mentioned
$NUVB
Relevance
4/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$NUVBBearishLow
01

Why it matters

The CSO's complete exit could be interpreted as a negative signal, but the 10b5‑1 plan suggests pre‑planned execution.

02

Market read

Primary insider sale with modest size; limited trading impact but worth noting for risk‑aware investors.

03

What to watch

Potential upcoming clinical milestones that could offset negative perception.

Relevance 4/10Novelty 4/10Timing: post‑filing 2026‑08‑21

Background

Form 4 filing discloses insider transactions required by SEC regulations.

Company-level read

Ticker impact

$NUVBBearishMedium confidence
Context

Chief Scientific Officer sold 100,000 shares for $709,240 via a 10b5-1 plan, reducing his stake to zero.

Expected impact

Modest short‑term downside pressure

Evidence & confidence

The sale size is modest relative to market cap, but the CSO exiting completely could be viewed negatively by investors.

Market effects

Limited impact on biotech sector; similar insider sales are common.

No regional effect beyond the company's own stock.

Minimal global relevance.

Counterpoint

The sale may be purely portfolio rebalancing under a pre‑arranged plan, not a confidence signal.

Key entities

  • Nuvation Bio Inc.

    Biotech firm developing RNA‑based therapeutics.

  • Hattersley Gary

    Chief Scientific Officer of Nuvation Bio.

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.

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