Core Insights - Insider transactions can be influenced by company policies rather than personal conviction, as demonstrated by the recent share sales of Peter Rahmer, Chief Corporate Development Officer of Relay Therapeutics [1][10][11] Transaction Summary - Peter Rahmer sold 40,529 shares of Relay Therapeutics for approximately $299,900, which is about 10.72% of his direct holdings before the transaction [2][3] - The transaction size was significantly larger than his recent median sell size of 12,103 shares and the historical median of 1,352 shares per sale [4] - Post-transaction, Rahmer holds 337,469 shares valued at around $2.5 million [2] Context of the Sale - The direct holdings of Rahmer decreased by approximately 34% from April 29, 2024, to October 29, 2025 [5] - Shares were sold at an average price of $7.30 and $7.50 on October 28 and 29, 2025, respectively, with the stock closing at $7.40 on October 29, 2025 [6] Company Overview - Relay Therapeutics is a clinical-stage biotechnology company focused on precision drug discovery in oncology and genetic diseases, utilizing advanced computational modeling [8] - The company has a pipeline that includes RLY-4008 (FGFR2 inhibitor), RLY-2608 (PI3Ka inhibitor), and RLY-1971 (SHP2 inhibitor) [9] - As of October 29, 2025, the market capitalization of Relay Therapeutics is $1.19 billion, with a revenue of $8.4 million for the trailing twelve months [7] Recent Developments - Relay Therapeutics announced improved financials in its latest earnings results on November 6, although it missed analyst revenue estimates [13] - Changes to the board of directors were also announced, indicating potential shifts in company strategy [13]
Relay Therapeutics Director Sells $300,000 Worth of Shares. Here's Why Investors Shouldn't Panic.