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sellModerate cluster of 210b5-1 plan

Herriot Tabuteau sold $24M of AXSM

Chief Executive Officer at Axsome Therapeutics, Inc.. 139,414 shares at an average of $171.30, traded Jan 5, 2026, filed Jan 7, 2026.

Warning score
43
Value
$24M
139,414 shares
Holdings after
7,229
-162% from before
From 52-week low
+114%
low $80.05, close $171.49
From 52-week high
-6%
high $182.64, as of Jan 5, 2026

Score components

  • Role
    CEO
    +25
  • Trade size
    $23.9M at market
    +25
  • Share of holdings sold
    Sold 100% 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
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

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.

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.

AXSMOct 9, 2026 · close 168.35
Since filing Jan 7, 2026: -1.4%SPY +13.8% · excess -15.2%

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 0001193125-26-006695, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Jan 5, 2026MOption exercise
Common Stock10b5-1
+78,703$8.02$631k85,932Jan 7, 2026
Jan 5, 2026SOpen-market sale
Common Stock10b5-1
-78,703$171.28$13M7,229Jan 7, 2026
Jan 6, 2026MOption exercise
Common Stock10b5-1
+29,450$8.02$236k36,679Jan 7, 2026
Jan 6, 2026SOpen-market sale
Common Stock10b5-1
-29,450$172.33$5.1M7,229Jan 7, 2026
Jan 7, 2026MOption exercise
Common Stock10b5-1
+31,261$8.02$251k38,490Jan 7, 2026
Jan 7, 2026SOpen-market sale
Common Stock10b5-1
-31,261$170.38$5.3M7,229Jan 7, 2026
Jan 5, 2026MOption exercise
Stock Option (Right to Buy)derivative10b5-1
-78,703$0.00$093,121Jan 7, 2026
Jan 6, 2026MOption exercise
Stock Option (Right to Buy)derivative10b5-1
-29,450$0.00$063,671Jan 7, 2026
Jan 7, 2026MOption exercise
Stock Option (Right to Buy)derivative10b5-1
-31,261$0.00$032,410Jan 7, 2026

Related signals

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

ScoreCompanyInsiderValueHoldingsFiled
30Weak
AXSMsell10b5-1
Axsome Therapeutics, Inc.
Mark L. Jacobson
Chief Operating Officer
$2.1M
10,000 shares
-100%
38Weak
AXSMsell 210b5-1
Axsome Therapeutics, Inc.
Mark L. Jacobson
Chief Operating Officer
$5.7M
35,378 shares
-100%
38Weak
AXSMsell 210b5-1
Axsome Therapeutics, Inc.
Mark Coleman
director
$4.0M
25,000 shares
-35%
50Moderate
AXSMsell 310b5-1
Axsome Therapeutics, Inc.
Herriot Tabuteau
Chief Executive Officer
$6.0M
32,410 shares
-82%
40Moderate
AXSMsell 310b5-1
Axsome Therapeutics, Inc.
Ari Maizel
Chief Commercial Officer
$1.4M
7,500 shares
-100%
32Weak
AXSMsell 310b5-1
Axsome Therapeutics, Inc.
Nick Pizzie
Chief Financial Officer
$2.3M
12,000 shares
-22%
33Weak
AXSMsell 210b5-1
Axsome Therapeutics, Inc.
Mark E Saad
director
$6.2M
37,577 shares
-231%
35Weak
AXSMsell10b5-1
Axsome Therapeutics, Inc.
Herriot Tabuteau
Chief Executive Officer
$12M
79,973 shares
-142%
35Weak
AXSMsell10b5-1
Axsome Therapeutics, Inc.
Herriot Tabuteau
Chief Executive Officer
$22M
163,939 shares
-166%
43Moderate
AXSMsell 210b5-1
Axsome Therapeutics, Inc.
Herriot Tabuteau
Chief Executive Officer
$5.4M
45,384 shares
-172%

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.

Herriot Tabuteau sold $24M of AXSM | InsiderTell