Adaptive Biotechnologies' COO Is Running a Systematic Sell Program — Here's What It Means

2 hours ago 1

Seena Hassouna, The Motley Fool

Mon, April 20, 2026 astatine 8:12 AM CDT 4 min read

Julie Rubinstein, President and COO of Adaptive Biotechnologies Corporation (NASDAQ:ADPT), reported the nonstop merchantability of 57,180 shares of Common Stock—following enactment exercise—across aggregate transactions from April 9 done April 13, 2026, arsenic disclosed successful the SEC Form 4 filing.

Metric

Value

Shares sold (direct)

57,180

Transaction value

~$758,000

Post-transaction shares (direct)

421,174

Post-transaction worth (direct ownership)

~$5.95 million

Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($13.26); post-transaction worth based connected April 13, 2026 marketplace adjacent ($14.13).

  • How does this transaction subordinate to Rubinstein’s caller trading pattern?
    Rubinstein has executed respective similar-sized nonstop income successful the past month, with caller transactions reflecting a cadence shaped by reduced disposable stock capableness arsenic nonstop holdings person declined by 19.4% since mid-March 2026.

  • What was the mechanics of the transaction regarding derivatives?
    This lawsuit progressive the workout of 44,166 vested options crossed 4 tranches, followed by the merchantability of 57,180 communal shares — a higher fig that reflects income from some recently exercised options and pre-existing straight held shares.

  • How worldly is the merchantability successful the discourse of ongoing ownership?
    The merchantability accounted for 11.95% of Rubinstein’s nonstop Common Stock position, but she maintains a important equity involvement done 421,174 straight held shares and 192,936 further banal options that stay exercisable.

  • What is the accusation of remaining enactment holdings?
    With 192,936 options inactive outstanding, Rubinstein retains a meaningful equity involvement beyond her nonstop stock holdings.

Metric

Value

Price (as of marketplace adjacent 4/13/26)

$14.13

Market capitalization

$1.42 billion

Revenue (TTM)

$534 million

1-year terms change

-10.63%

* 1-year terms alteration calculated utilizing April 13th, 2026 arsenic the notation date.

  • ADPT’s halfway offerings see immunoSEQ (immunosequencing for probe and diagnostics), clonoSEQ (minimal residual illness detection successful hematologic cancers), and T-Detect COVID, with further products and services targeting immune-driven illness diagnostics and monitoring.

  • Adaptive Biotechnologies Corp. generates gross done the merchantability of objective diagnostic tests, probe services, and strategical collaborations with partners successful biopharma and exertion sectors.

  • Primary customers see beingness sciences researchers, objective laboratories, pharmaceutical companies, and healthcare providers focused connected oncology, infectious disease, and autoimmune conditions.

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