CFO Jack Anders sells 20,000 shares ($3.4M) via pre-arranged 10b5-1 plan; retains 123.3K shares plus 20,600 stock options at unprofitable biotech.
Jack Anders, CFO of Revolution Medicines, executed 4 separate sales totaling 20,000 shares for $3,366,604.47 on 2026-06-24, reducing his direct holdings by 14.0% while retaining 123.3K non-derivative shares and 20,600 stock options. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2026-03-24, meaning the sales were scheduled rather than discretionary. The stock has appreciated 19.0% over the prior 30 days and 96.8% over 90 days, currently trading at $182.08, yet the company remains unprofitable with a net loss of $453.8M in the most recent fiscal year and $0.00 revenue in the latest quarter. Anders' prior sales at this ticker show mixed timing outcomes: his January 2026 sale preceded a 0.5% 30-day decline, while his November 2025 sale coincided with subsequent 22.7% 30-day gains, suggesting no consistent pattern of foresight at this company. The scheduled nature of this divestiture and substantial retained position (both common and derivative) constrains inference about conviction, but the transaction occurs amid significant recent stock appreciation in a company with no established profitability path.