CFO Burrows sells 7,500 shares ($532.9K) at $69.75–$72.06 via scheduled 10b5-1 plan; retains 97,994 shares + 374,857 stock options.
Scott L Burrows, CFO of Spyre Therapeutics, executed 3 separate sales totaling 7,500 shares for $532,936.98 on 2026-06-01 under a pre-arranged 10b5-1 trading plan adopted 2025-11-10. This is a scheduled, non-discretionary transaction. Post-sale, Burrows retains 97,994 shares in non-derivative holdings plus 374,857 shares through stock options, maintaining a substantial position. The sales occurred when SYRE's stock was at $69.75–$72.06 per share, versus the current price of $73.52; the stock has appreciated 6.4% over the prior 30 days and 81.1% over 90 days. Burrows' prior two sales at SYRE (2026-05-01 and 2024-09-03) preceded mixed subsequent returns (30-day gains followed by 90-day losses). The company is unprofitable with $0 revenue and -$69.0M net income in the latest quarter, a fundamental context relevant to evaluating insider positioning.