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sellWeak cluster of 210b5-1 plan

Scott Dreyer sold $2.0M of COLL

EVP & Chief Commercial Officer at COLLEGIUM PHARMACEUTICAL, INC. 49,976 shares at an average of $40.41, traded Mar 3, 2026, filed Mar 5, 2026.

Warning score
38
Value
$2.0M
49,976 shares
Holdings after
71,770
-41% from before
From 52-week low
+62%
low $24.67, close $39.99
From 52-week high
-20%
high $49.84, as of Mar 3, 2026

Score components

  • Role
    Officer
    +15
  • Trade size
    $2.0M at market
    +25
  • Share of holdings sold
    Sold 41% of holdings
    +10
  • Cluster
    2 insiders selling within 14 days
    +8
  • 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.

This signal so far: 1m -13.3%, 3m -12.3%, 6m -36.4%.

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.

COLLOct 12, 2026 · close 22.05
Since filing Mar 5, 2026: -40.9%SPY +15.1% · excess -55.9%

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 0001746251-26-000004, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Mar 3, 2026SOpen-market sale
Common Stock10b5-1
-46,417$40.36$1.9M75,329Mar 5, 2026
Mar 3, 2026SOpen-market sale
Common Stock10b5-1
-3,559$40.99$146k71,770Mar 5, 2026

Related signals

Other insiders at COLLEGIUM PHARMACEUTICAL, INC and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
30Weak
COLLsell 3
COLLEGIUM PHARMACEUTICAL, INC
John Gordon Freund
director
$681
20 shares
-0%
26Weak
COLLsell 3
COLLEGIUM PHARMACEUTICAL, INC
John Gordon Freund
director
$143k
4,127 shares
-5%
46Moderate
COLLsell 3
COLLEGIUM PHARMACEUTICAL, INC
Nancy Lurker
director
$162k
4,500 shares
-20%
34Weak
COLLsell 3
COLLEGIUM PHARMACEUTICAL, INC
Garen G Bohlin
director
$323k
8,700 shares
-12%
18Weak
COLLsell10b5-1
COLLEGIUM PHARMACEUTICAL, INC
David Dieter
EVP & General Counsel
$488k
13,976 shares
-15%
16Weak
COLLsell 210b5-1
COLLEGIUM PHARMACEUTICAL, INC
David Dieter
EVP & General Counsel
$228k
6,224 shares
-6%
16Weak
COLLsell 210b5-1
COLLEGIUM PHARMACEUTICAL, INC
Scott Dreyer
EVP & Chief Commercial Officer
$848k
17,600 shares
-15%
34Weak
COLLsell 2
COLLEGIUM PHARMACEUTICAL, INC
Rita J. Balice-Gordon
director
$172k
3,650 shares
-6%
43Moderate
COLLsell 2
COLLEGIUM PHARMACEUTICAL, INC
John A. Fallon
director
$1.6M
34,853 shares
-35%
40Moderate
COLLsell 210b5-1
COLLEGIUM PHARMACEUTICAL, INC
Colleen Tupper
EVP & Chief Financial Officer
$1.2M
30,000 shares
-19%

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.

Scott Dreyer sold $2.0M of COLL | InsiderTell