Takeda Pharmaceutical President of R&D Sells $2.15M in ADSs Under 10b5-1 Plan
TAKEDA PHARMACEUTICAL CO LTD
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Filing Summary
📊 Insider Sale Alert for TAK
Insider: Andrew Stewart Plump (Director, President, R&D) Transaction: Sold 116,191 American Depositary Shares at $18.49 per share Total Value: $2,148,371.59 Date of Transaction: 2026-09-02 Ownership After: 145,465 shares (Indirect by Trust) | 766,569 shares (Direct) Note: Executed under a Rule 10b5-1 trading plan adopted on May 15, 2026.
Comprehensive Analysis
Transaction Overview
On September 2, 2026, Dr. Andrew Stewart Plump, Director and President of R&D at Takeda Pharmaceutical Company Limited ($TAK), disposed of 116,191 American Depositary Shares (ADSs) at a price of $18.49 per share, totaling approximately $2.15 million.
Key Details
- Security: American Depositary Shares
- Transaction Code:
S(Open market sale) - Ownership Type: Indirect (By Trust)
- Pre-Arranged Plan: The sale was executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on May 15, 2026.
- Remaining Holdings: Following this transaction, Dr. Plump retains indirect beneficial ownership of 145,465 ADSs held by trust, in addition to 766,569 ADSs held directly.
Significance Assessment
While the transaction represents a multi-million dollar divestment ($2.15M), the market impact is tempered because it was executed under a standard Rule 10b5-1 trading plan adopted months earlier. Dr. Plump continues to maintain substantial equity exposure with over 912,000 total ADSs remaining under direct and indirect beneficial ownership.
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