Skip to content
sellModerate cluster of 2

Noubar Afeyan sold $703k of MRNA

director at Moderna, Inc.. 23,853 shares at an average of $29.49, traded Dec 11, 2025, filed Dec 15, 2025.

Warning score
49
Value
$703k
23,853 shares
Holdings after
3,924
-86% from before
From 52-week low
+33%
low $22.36, close $29.63
From 52-week high
-38%
high $47.53, as of Dec 11, 2025

Score components

  • Role
    Director
    +15
  • Trade size
    $703k at market
    +21
  • Share of holdings sold
    Sold 86% of holdings
    +20
  • Cluster
    2 insiders selling within 14 days
    +8
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m +35.6%, 3m +78.2%, 6m +74.2%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

MRNAOct 13, 2026 · close 216.25
Since filing Dec 15, 2025: +622.8%SPY +15.5% · excess +607.2%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001193125-25-318567, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Dec 11, 2025MOption exercise
Common Stockindirect: By Flagship Pioneering, Inc.
+23,853$10.90$260k27,777Dec 15, 2025
Dec 11, 2025SOpen-market sale
Common Stockindirect: By Flagship Pioneering, Inc.
-23,853$29.49$703k3,924Dec 15, 2025
Dec 11, 2025MOption exercise
Stock Option (Right to Buy)derivativeindirect: By Flagship Pioneering, Inc.
-23,853$0.00$00Dec 15, 2025

Related signals

Other insiders at Moderna, Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
25Weak
MRNAsell 310b5-1
Moderna, Inc.
Stephen Hoge
President
$12M
80,575 shares
-5%
37Weak
MRNAsell 310b5-1
Moderna, Inc.
James M Mock
Chief Financial Officer
$4.7M
34,836 shares
-37%
13Weak
MRNAsell 310b5-1
Moderna, Inc.
Shannon Thyme Klinger
Chief Legal Officer
$486k
3,471 shares
-4%
15Weak
MRNAsell10b5-1
Moderna, Inc.
Stephane Bancel
Chief Executive Officer
$29M
499,246 shares
-7%
10Weak
MRNAsell10b5-1
Moderna, Inc.
Stephen Hoge
President
$3.6M
53,336 shares
-3%
18Weak
MRNAsell 210b5-1
Moderna, Inc.
Stephen Hoge
President
$2.7M
53,336 shares
-3%
6Weak
MRNAsell 310b5-1
Moderna, Inc.
Shannon Thyme Klinger
Chief Legal Officer
$174k
3,471 shares
-5%
52Moderate
MRNAsell 3
Moderna, Inc.
Noubar Afeyan
director
$434k
9,263 shares
-70%
25Weak
MRNAsell 310b5-1
Moderna, Inc.
Stephen Hoge
President
$2.6M
53,336 shares
-3%
11Weak
MRNAsell 210b5-1
Moderna, Inc.
Abbas Hussain
director
$265k
5,682 shares
-32%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Noubar Afeyan sold $703k of MRNA | InsiderTell