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EdgarHawk

Nick Pizzie

Chief Financial Officer

Officer

Latest: CFO selling · June 2026

3 filings analyzed · 1 company · Latest 2026-06-09

Companies

Company Buys Sells Direction
Axsome Therapeutics, Inc. AXSM 0 8 Net selling

Activity

June 2026
medium
Sell
33,000 shares
$7,922,970
Significance 6/10

CFO Nick Pizzie sold 33,000 AXSM shares at $240.09 (total $7.9M) under 10b5-1 plan; holds 42,867 shares post-sale plus 72,000 stock options.

CFO Nick Pizzie sold 33,000 shares (33.0K shares) of Axsome for $7,922,970.00 (total value), reducing his non-derivative holdings from 75,867 to 42,867 shares, a reduction of -43.5%. This transaction was executed under a pre-arranged 10b5-1 trading plan and therefore was scheduled, not discretionary. Notably, prior sales by this insider at AXSM show mixed near-term outcomes: his January 2026 sale returned -2.2% at 30 days, while his two February 2025 sales returned -7.0% and -6.1% at 30 days respectively. The company remains unprofitable (net income of $-64,542,000.00 for the latest quarter) despite strong revenue growth of +65.6% year-over-year, which presents a context of expansion without current profitability. The insider retains substantial derivative holdings of 72,000 stock options, indicating continued equity exposure to the company.

January 2026
high
Sell
12,000 shares
$2,255,040
Significance 6/10

CFO Pizzie Nick sold 12,000 AXSM shares at $187.92 (Jan 22) for $2.3M; stock now -1.7% from 52-week high

CFO Pizzie Nick sold 12,000 shares (22.0% reduction in holdings) at $187.92, near the stock's 52-week high of $189.10, while Axsome trades as a high-growth but unprofitable biotech with quarterly revenue of $171.0M, full-year net income of $-47.2M, and annual growth of 42.5%. His prior two sales at this ticker (Feb 2025) were both followed by 90-day declines of -18.2% and -20.2%, establishing a pattern of well-timed exits at this specific stock. The timing of this sale—near 52-week highs and following a 21.0% 30-day rally—warrants attention relative to the company's ongoing unprofitability and his demonstrated ability to exit before subsequent weakness.

February 2025
high
Sell
15,000 shares
$1,951,530
Significance 7/10

CFO Nick Pizzie sold 15,000 AXSM shares at $129.86–$131.07 for $1,951,530.00; 52-week high is $132.20.

Pizzie Nick, CFO of Axsome Therapeutics, executed 2 separate sales totaling 15,000 shares for $1,951,530.00 at an average price of $130.10, reducing his holdings by 26.2% to 42,187 shares post-transaction. The current price of $131.15 is 0.8% below the 52-week high of $132.20, and the stock has gained 39.9% over the prior 30 days and 40.8% over the prior 90 days. The company's latest quarterly revenue reached $104,762,000.00, supporting 440.8% annual revenue growth, but the firm remains unprofitable with a net income of $-64,602,000.00 and a full-year loss. The sale occurred at prices very near all-time highs in a sharp near-term rally, against the backdrop of sustained unprofitability despite exceptional top-line expansion.

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