Chief Financial Officer
Mon, Sep 8, 2025
Sep 8
10,000 shares @ $27.83
Decreased holdings by -14.20%
10th largest trade (out of 84)
Tax Sell-to-CoverPositive 90D History
Trade made by an officer
Automatic sale to cover taxes on a vest — not a discretionary trade
100% win rate · +30.3% median edge vs SPY (8 trades, 90-day · small sample)
Price 10% above 200-day moving average
Win rate excludes trades classified as routine (tax, 10b5-1, exercise, gift).
APLSApellis Pharmaceuticals, Inc.
HealthcareBiotechnology