Anderson Karen M. 4/A
4/A · Centessa Pharmaceuticals plc · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Centessa CPO Karen Anderson Exercises Options, Sells Shares
What Happened
- Karen M. Anderson, Chief People Officer of Centessa Pharmaceuticals (CNTA), exercised stock options and sold shares on March 13, 2026.
- Option exercises: 94,224 shares at $4.01 (paid $377,838) and 15,174 shares at $3.85 (paid $58,420) — total 109,398 shares exercised for $436,258 in exercise cost.
- Sales: 107,961 shares sold at a weighted average price of $26.15 (proceeds $2,823,234) and 12,068 shares sold at a weighted average price of $27.13 (proceeds $327,439) — total 120,029 shares sold for approximately $3,150,673.
- The Form 4/A amends the March 13 filing to correct that the exercises came from two separate option grants with different exercise prices.
Key Details
- Transaction date: March 13, 2026.
- Exercise details (codes M): 94,224 @ $4.01 and 15,174 @ $3.85 (total exercised = 109,398).
- Sale details (code S): 107,961 @ weighted avg $26.15 (range $25.75–$26.705) and 12,068 @ weighted avg $27.13 (range $26.805–$27.455).
- Proceeds from sales: ≈ $3.15 million; cash paid for exercises: $436,258.
- Footnotes: ADSs may represent ordinary shares (F1); sales were made under a Rule 10b5‑1 trading plan adopted Nov 12, 2025 (F2); price ranges and weighted averages disclosed (F3, F4); vesting schedules for the option grants noted (F5, F6).
- Shares owned after the transactions: not specified in the supplied filing.
- Filing status: This is an amended Form 4/A correcting exercise reporting; the original Form 4 was filed March 13, 2026.
Context
- The filing shows option exercises followed by same‑day sales of shares — effectively a cashless outcome for the insider (exercise then sale to cover costs/taxes), though the filing does not state the insider’s intent.
- Sales were executed under a pre‑arranged 10b5‑1 plan, which is a routine mechanism insiders use to schedule trades and reduce timing concerns; this is informational and not an endorsement of company prospects.
Insider Transaction Report
Form 4/AAmended
Anderson Karen M.
Chief People Officer
Transactions
- Exercise/Conversion
Ordinary Shares
[F1]2026-03-13$4.01/sh+94,224$377,838→ 166,940 total - Exercise/Conversion
Ordinary Shares
[F1]2026-03-13$3.85/sh+15,174$58,420→ 182,114 total - Sale
Ordinary Shares
[F1][F2][F3]2026-03-13$26.15/sh−107,961$2,823,234→ 74,153 total - Sale
Ordinary Shares
[F1][F2][F4]2026-03-13$27.13/sh−12,068$327,439→ 62,085 total - Exercise/Conversion
Share Option (right to buy)
[F5][F1]2026-03-13−94,224→ 149,811 totalExercise: $4.01Exp: 2032-12-01→ Ordinary Shares (94,224 underlying) - Exercise/Conversion
Share Option (right to buy)
[F6][F1]2026-03-13−15,174→ 28,336 totalExercise: $3.85Exp: 2033-02-01→ Ordinary Shares (15,174 underlying)
Footnotes (6)
- [F1]The Ordinary Shares may be represented by American Depositary Shares, each of which currently represents one Ordinary Share.
- [F2]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 12, 2025.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.75 to $26.705, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.805 to $27.455, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F5]25% of the shares subject to such option shall vest and become exercisable on December 1, 2023 and the remaining 75% of the shares subject to such option shall vest and become exercisable in 36 monthly installments on the first day of each month thereafter.
- [F6]1/48th of the shares subject to such option shall vest and become exercisable in equal monthly installments with the first installment vesting on March 1, 2023.
Signature
/s/ Raphael Deferiere, attorney-in-fact|2026-03-16