CFO Scott Burrows sells 7,500 shares at $87.55–$88.37 under 10b5-1 plan; retains 98.0K shares and 352,357 options.
Scott L Burrows, CFO of Spyre Therapeutics, executed 2 separate sales totaling 7,500 shares for $658,039.50 on 2026-07-01 at blended average price $87.74, representing a 7.1% reduction of his non-derivative holdings. This transaction is governed by a 10b5-1 trading plan adopted on 2025-11-10, meaning it is scheduled and not discretionary. The company remains unprofitable with net income of $-69,005,000.00 and revenue of $0.00 in its latest quarter, establishing a fundamental context of financial distress. Burrows retains 97,994 non-derivative shares post-transaction and 352,357 stock options, indicating his economic interest in the company remains substantial despite the structured sale. The stock currently trades at $86.63, roughly 15.1% below its 52-week high of $102.06, and has appreciated 25.3% over 30 days and 82.1% over 90 days—factors that do not bear on the timing of a scheduled sale plan.