Table I (Non-Derivative Securities)
- Sale : 8,000 shares
- Average Sale Price: $32.87 (weighted average of reported $31.5018 and $33.3666)
- Total Value: 8,000 * $32.87 = ~ $262,966.11
- Post-Transaction Direct Holdings: 146,981 shares
- Indirect Holdings: None reported
- 10b5-1 Plan Used? Yes (footnote indicates Rule 10b5-1 plan)
π Summary
Bensen Daniel, Chief Discovery Officer at Tyra Biosciences, Inc. (TYRA), sold 8,000 shares on February 12, 2026, at an average price of $32.87, realizing proceeds of about ~$262,966.11. After the transaction, he now holds 146,981 direct shares; no indirect holdings. For retail traders, this is a neutral-to-slightly bearish event: Scheduled plan sales, modest percentage of holdings sold.
π Interpretation
- Type: Comp-related (executed pursuant to a Rule 10b5-1 trading plan)
- Disposition: Sold under a pre-established plan (transactions executed as scheduled)
- Size Context: 8,000 shares represents ~5.4% of post-transaction direct holdings (146,981) β modest size and consistent with routine profit-taking rather than a large divestiture
- ATH Metric: The reported sale prices (~$31.02β$33.85 range; weighted ~$32.87) do not appear to be at extreme all-time highs or lows based on recent price history; the trades look executed under a plan rather than opportunistically timed to ATH/ATL moves.
- Outlier Check: Not unusually large for an officer sale of this magnitude relative to holdings; no single large, extraordinary disposition reported here.
π Bullish or Bearish?
Neutral
Neutral. The filing shows net sales of 8,000 shares executed under a Rule 10b5-1 plan (code S), indicating pre-planned disposals rather than discretionary insider selling; the size is modest relative to total holdings and the reporting is complete for these transactions. Cluster activity cannot be determined from this filing alone.
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Bottom Line (Retail Takeaway)
This transaction looks like routine profit-taking under a 10b5-1 plan rather than a directional bearish signal. For retail traders, itβs likely noise β not a tradeable event on its own unless corroborated by large sales from the companyβs CEO, CFO, or multiple insiders.