Director Clark sold 264.8K shares (entire holding) at blended $29.73, generating $7.9M; exits to zero post-transaction
Ian T Clark, a director at Olema Pharmaceuticals, executed 3 separate sales on 2025-12-19 totaling 264,800 shares for $7,873,109.28, representing a complete liquidation of his shareholding (pre-transaction: 264,800 shares; post-transaction: 0 shares). The blended average price of $29.73 compares to a current price of $27.67, positioning the sales above the present market level. Olema is trading at -22.8% from its 52-week high of $35.83 and the company reported negative net income of $-42,217,000.00 over its most recent full fiscal year. The complete elimination of his equity stake—coupled with the company's unprofitability and the director's prior track record of 3 open-market sales across all tickers—represents a material change in insider positioning and warrant deeper examination into the context and timing of this comprehensive exit.