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MRNAModerna

Health care · Biotechnology · Nasdaq

Moderna is a pioneer and leader in the field of mRNA medicine. 10-K, Item 1

Employees
4,700
Headquarters
Cambridge, MA
CEO
Stephane Bancel
Next results
around Jan 11, 2027
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What MRNA's directors and officers said they would sell, before they sold: trading plans the company reports each quarter, and the Form 144 notices sellers file on the day of a planned sale. Facts only; most of these sales are routine, such as selling shares from vesting stock awards.

Trading plans adopted or ended

4 plans still running: Abbas Hussain, Stephen Hoge, James Mock, Shannon Klinger.

InsiderWhatDateSharesRuns toReported in
Abbas Hussain
directors
Adopted 10b5-1 plan Jun 15, 2026 up to 2,930 Jun 11, 2027 10-Q Jul 31, 2026
The company's description
On June 15, 2026, Abbas Hussain, one of our directors, adopted a trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) (the Hussain 10b5-1 Plan). Beginning on May 6, 2027, the Hussain 10b5-1 Plan provides for a one-time sale of up to 2,930 shares of the Company’s common stock to satisfy tax obligations in connection with the vesting of an equity award. The Hussain 10b5-1 Plan expires on June 11, 2027, or upon the earlier completion of all authorized transactions under the Hussain 10b5-1 Plan.
Stephen Hoge
President
Adopted 10b5-1 plan Jun 15, 2026 up to 917,431 Sep 17, 2027 10-Q Jul 31, 2026
The company's description
Stephen Hoge, our President, has a stock option award to purchase 458,715 shares that will reach its ten-year expiration on February 23, 2027, and a stock option to purchase 1,834,862 shares that will reach its ten-year expiration on October 3, 2027 (together, the Hoge Expiring Options). On June 15, 2026, Dr. Hoge adopted a trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) (the Hoge 10b5-1 Plan). Between September 14, 2026, and September 17, 2027, the Hoge 10b5-1 Plan provides for (i) the exercise of 917,431 of the Hoge Expiring Options and the sale of the shares of common stock acquired upon exercise and (ii) the exercise of the rest of the Hoge Expiring Options and the sale of the number of shares of common stock necessary to cover the applicable exercise price, applicable withholding taxes, and related transaction costs. Dr. Hoge intends to retain the remaining shares of common stock acquired upon exercise. The Hoge 10b5-1 Plan expires on September 17, 2027, or upon the earlier completion of all authorized transactions under the plan.
James Mock
Chief Financial Officer
Adopted 10b5-1 plan Jun 9, 2026 up to 34,836 Mar 1, 2027 10-Q Jul 31, 2026
The company's description
On June 9, 2026, James Mock, our Chief Financial Officer, adopted a trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) (the Mock 10b5-1 Plan). Between September 9, 2026 and March 1, 2027, the Mock 10b5-1 Plan provides for the potential sale of up to 15,000 shares of the Company’s common stock and for the potential exercise of vested stock options and the associated sale of up to 19,836 shares of the Company’s common stock. The Mock 10b5-1 Plan covers an aggregate maximum number of 34,836 shares of common stock. The Mock 10b5-1 Plan expires on March 1, 2027, or upon the earlier completion of all authorized transactions under the Mock 10b5-1 Plan.
Shannon Klinger
Chief Legal Officer
Adopted 10b5-1 plan May 5, 2026 up to 31,805 Sep 10, 2027 10-Q Jul 31, 2026
The company's description
On May 5, 2026, Shannon Klinger, our Chief Legal Officer, adopted a trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) (the Klinger 10b5-1 Plan). Between September 8, 2026 and September 1, 2027, the Klinger 10b5-1 Plan provides for the potential exercise of vested stock options and the associated sale of up to 31,805 shares of the Company’s common stock. The Klinger 10b5-1 Plan expires on September 10, 2027, or upon the earlier completion of all authorized transactions under the Klinger 10b5-1 Plan.
Stéphane Bancel
Chief Executive Officer
Ended 10b5-1 plan May 4, 2026 up to 751,715 Feb 26, 2027 10-Q Jul 31, 2026
The company's description
On May 4, 2026, Stéphane Bancel, our Chief Executive Officer, terminated a trading arrangement that was intended to satisfy the affirmative defense of Rule 10b5-1(c), which had been entered into on November 28, 2025, and was scheduled to commence as early as May 13, 2026, with a termination date of August 10, 2026. The plan provided for the potential sale of up to 751,715 shares of the Company’s common stock. No shares of common stock were sold under the plan prior to its termination. Mr. Bancel has two stock option awards that will reach their ten-year expiration on August 10, 2026, including an option to purchase 558,394 shares and an option to purchase 193,321 shares. Mr. Bancel also has a stock option award to purchase 642,201 shares that will reach its ten-year expiration on February 23, 2027. Collectively, these awards are referred to as the “Bancel Expiring Options.” On May 4, 2026, Mr. Bancel adopted a trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) (the Bancel 10b5-1 Plan). Between August 5, 2026, and February 26, 2027, the Bancel 10b5-1 Plan provides for the exercise of the Bancel Expiring Options and the sale of the number of shares of common stock necessary to cover the applicable exercise price, applicable withholding taxes, and related transaction costs. Mr. Bancel intends to retain the remaining shares of common stock acquired upon exercise. The Bancel 10b5-1 Plan expires on February 26, 2027, or upon the earlier completion of all authorized transactions under the plan.
Mr. Bancel
Chief Executive Officer
Ended 10b5-1 plan Nov 23, 2025 up to 751,715 Aug 10, 2026 10-K Feb 20, 2026
The company's description
Mr. Bancel has two different stock option awards that will reach their ten-year expiration on August 10, 2026, including an option to purchase 558,394 shares and another option to purchase 193,321 shares (the Bancel Expiring Options). Mr. Bancel intends to contribute all of the after-tax proceeds from the exercise and sale of the Bancel Expiring Options to charitable causes. On November 28, 2025, Mr. Bancel adopted a trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) (the Bancel 10b5-1 Plan). Between May 13,2026 and August 10, 2026, the Bancel 10b5-1 Plan provides for the potential exercise of vested stock options and the associated sale of the Bancel Expiring Options, which represent up to 751,715 shares of the Company’s common stock in the aggregate. The Bancel 10b5-1 Plan expires on August 10, 2026, or upon the earlier completion of all authorized transactions under the plan.
Stephen Hoge
President
Adopted 10b5-1 plan Nov 13, 2025 up to 320,017 Aug 10, 2026 10-K Feb 20, 2026
The company's description
Stephen Hoge, our President, has two different stock option awards that will reach their ten-year expiration on August 10, 2026, including an option to purchase 223,357 shares and another option to purchase 96,660 shares (the Hoge Expiring Options). On November 13, 2025, Dr. Hoge adopted a trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) (the Hoge 10b5-1 Plan). Between February 23, 2026 and August 10, 2026, the Hoge 10b5-1 Plan provides for the potential exercise of vested stock options and the associated sale of the Hoge Expiring Options, which represent up to 320,017 shares of the Company’s common stock in the aggregate. The Hoge 10b5-1 Plan expires on August 10, 2026, or upon the earlier completion of all authorized transactions under the plan.
Shannon Klinger
Chief Legal Officer
Adopted 10b5-1 plan Sep 9, 2025 up to 20,827 Sep 4, 2026 10-Q Nov 6, 2025
The company's description
On September 9, 2025, Shannon Klinger, our Chief Legal Officer, adopted a trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) (the Klinger 10b5-1 Plan). Between March 2, 2026 and September 4, 2026, the Klinger 10b5-1 Plan provides for the potential exercise of vested stock options and the associated sale of up to 20,827 shares of the Company’s common stock. The Klinger 10b5-1 Plan expires on September 4, 2026, or upon the earlier completion of all authorized transactions under the Klinger 10b5-1 Plan.
Abbas Hussain
directors
Adopted 10b5-1 plan Sep 5, 2025 up to 6,186 Apr 30, 2026 10-Q Nov 6, 2025
The company's description
On September 5, 2025, Abbas Hussain, one of our directors, adopted a trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) (the Hussain 10b5-1 Plan). Between December 9, 2025 and April 30, 2026, the Hussain 10b5-1 Plan provides for the sale of up to 6,186 shares of the Company’s common stock to satisfy tax obligations in connection with the vesting of equity awards. The Hussain 10b5-1 Plan expires on April 30, 2026, or upon the earlier completion of all authorized transactions under the Hussain 10b5-1 Plan.
Stéphane Bancel
Chief Executive Officer
Adopted 10b5-1 plan Sep 3, 2025 up to 1,439,788 Aug 10, 2026 10-Q Nov 6, 2025
The company's description
St é phane Bancel, our Chief Executive Officer, has three different stock option awards that will reach their ten-year expiration in 2026, including 688,073 options that will expire on February 23, 2026, 558,394 options that will expire on August 10, 2026, and another 193,321 options that also expire on August 10, 2026 (the Expiring Options). Mr. Bancel intends to contribute all of the after-tax proceeds from the exercise and sale of the Expiring Options to charitable causes. On September 3, 2025, Mr. Bancel adopted a trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) (the Bancel 10b5-1 Plan). Between December 17, 2025 and August 10, 2026, the Bancel 10b5-1 Plan provides for the potential exercise of vested stock options and the associated sale of the Expiring Options, which represent up to 1,439,788 shares of the Company’s common stock. The Bancel 10b5-1 Plan expires on August 10, 2026, or upon the earlier completion of all authorized transactions under the Bancel 10b5-1 Plan.
Abbas Hussain
directors
Adopted 10b5-1 plan Mar 13, 2025 up to 313 Jun 30, 2025 10-Q May 1, 2025
The company's description
On March 13, 2025, Abbas Hussain, one of our directors, adopted a trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) (the Hussain 10b5-1 Plan). The Hussain 10b5-1 Plan provides for the sale on June 11, 2025 of up to 313 shares of the Company’s common stock to satisfy tax obligations in connection with the vesting of equity awards. The Hussain 10b5-1 Plan expires on June 30, 2025, or upon the earlier completion of all authorized transactions under the Hussain 10b5-1 Plan.
Stephane Bancel
Chief Executive Officer
Ended 10b5-1 plan Nov 8, 2024 up to 150,000 – 10-K Feb 21, 2025
The company's description
On November 8, 2024, Stephane Bancel, our Chief Executive Officer, terminated a trading arrangement that was intended to satisfy the affirmative defense of Rule 10b5-1(c) (the Bancel 10b5-1 Plan). The Bancel 10b5-1 Plan was entered into on June 10, 2024, and was scheduled to commence as early as September 25, 2024, with a termination date of February 27, 2025. The Bancel 10b5-1 Plan provided for the potential sale of up to 150,000 shares of common stock. No shares of common stock were sold under the Bancel 10b5-1 Plan prior to its termination.
Shannon Klinger
Chief Legal Officer
Adopted 10b5-1 plan Jun 10, 2024 up to 73,086 Aug 15, 2025 10-Q Aug 1, 2024
The company's description
On June 10, 2024, Shannon Klinger, our Chief Legal Officer, adopted a trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) (the Klinger 10b5-1 Plan). Between September 12, 2024 and August 15, 2025, the Klinger 10b5-1 Plan provides for the potential exercise of vested stock options and the associated sale of up to 73,086 shares of the Company’s common stock. The Klinger 10b5-1 Plan expires on August 15, 2025, or upon the earlier completion of all authorized transactions under the Klinger 10b5-1 Plan.
Stephane Bancel
Chief Executive Officer
Adopted 10b5-1 plan Jun 10, 2024 up to 150,000 Feb 27, 2025 10-Q Aug 1, 2024
The company's description
On June 10, 2024, Stephane Bancel, our Chief Executive Officer, adopted a trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) (the Bancel 10b5-1 Plan). Between September 25, 2024 and February 27, 2025, the Bancel 10b5-1 Plan provides for the potential sale of up to 150,000 shares of the Company’s common stock. The Bancel 10b5-1 Plan expires on February 27, 2025, or upon the earlier completion of all authorized transactions under the Bancel 10b5-1 Plan.
Noubar Afeyan
Chairman
Adopted 10b5-1 plan Nov 7, 2023 up to 745,000 539 days 10-K Feb 23, 2024
The company's description
On November 7, 2023, Noubar Afeyan, our Chairman, amended a trading arrangement intended to satisfy the affirmative defense of Rule 10b5-1(c) (the Afeyan 10b5-1 Plan). The Afeyan 10b5-1 Plan was amended to increase certain price triggers under the plan. The Afeyan 10b5-1 Plan, as amended, is scheduled to commence on February 28, 2024, and will run through August 20, 2025 . The aggregate maximum number of shares of common stock that may be sold pursuant to the Afeyan 10b5-1 Plan is 745,000, which represents the shares remaining under the original plan that have not been sold to date .
Arpa Garay
former Chief Commercial Officer
Ended 10b5-1 plan Nov 6, 2023 up to 24,897 74 days 10-K Feb 23, 2024
The company's description
On November 6, 2023, Arpa Garay, our former Chief Commercial Officer, terminated a trading arrangement that was intended to satisfy the affirmative defense of Rule 10b5-1(c) (the Garay 10b5-1 Plan). The Garay 10b5-1 Plan was entered into on August 24, 2023, and was scheduled to commence on November 27, 2023, with a termination date of August 30, 2024. The Garay 10b5-1 Plan provided for the potential sale of approximately 4,540 shares of common stock and for the potential exercise of vested stock options and the associated sale of up to 24,897 shares. No shares of common stock were sold, and no options to purchase shares of common stock were exercised, under the Garay 10b5-1 Plan prior to its termination.
Arpa Garay
Chief Commercial Officer
Adopted 10b5-1 plan Aug 24, 2023 up to 24,897 277 days 10-Q Nov 3, 2023
The company's description
On August 24, 2023, Arpa Garay, our Chief Commercial Officer, adopted a trading arrangement that is intended to satisfy the affirmative defense of Rule 10b5-1(c) (the Garay 10b5-1 Plan). Between November 27, 2023 and August 30, 2024, the Garay 10b5-1 Plan provides for the potential sale of approximately 4,540 shares of the Company’s common stock and for the potential exercise of vested stock options and the associated sale of up to 24,897 shares. The plan expires on August 30, 2024, or upon the earlier completion of all authorized transactions under the plan.
Stephane Bancel
Chief Executive Officer
Adopted plan Aug 11, 2023 up to 1,200,000 723 days 10-Q Nov 3, 2023
The company's description
On August 11, 2023, Stephane Bancel, our Chief Executive Officer, terminated a trading arrangement that was intended to satisfy the affirmative defense of Rule 10b5-1(c) (the Bancel 10b5-1 Plan). The Bancel 10b5-1 Plan was entered into on March 7, 2023, and was scheduled to commence on September 6, 2023, with a termination date of the earlier of August 29, 2025 or the date all shares under the plan were sold. The aggregate number of securities to be sold pursuant to the Bancel 10b5-1 Plan was 1,200,000.

From the XBRL of the company's 10-Qs and 10-Ks (Regulation S-K Item 408, reported since 2023): 15 filings checked since May 4, 2023.

Form 144 notices of planned sales

FiledSellerSharesValueShares came from10b5-1 planForm 4 sales after
Oct 15, 2026 Hoge Stephen
Officer
39,145 $8,640,033 Stock Option Exercise adopted Jun 15, 2026 39,145 shares from Oct 15, 2026
Oct 14, 2026 Hoge Stephen
Officer
39,224 $8,373,519 Stock Option Exercise adopted Jun 15, 2026 78,369 shares from Oct 14, 2026
Sep 15, 2026 Hoge Stephen
Officer
40,281 $5,883,709 Stock Option Exercise adopted Jun 15, 2025 118,650 shares from Sep 15, 2026
Sep 14, 2026 Hoge Stephen
Officer
40,294 $5,807,746 Stock Option Exercise adopted Jun 15, 2026 119,799 shares from Sep 14, 2026
Sep 10, 2026 Mock James M
Officer
34,836 $4,685,094 Restricted Stock Vesting; Stock Option Exercise adopted Jun 9, 2026 34,836 shares from Sep 10, 2026
Sep 1, 2026 Klinger Shannon Thyme
Officer
3,471 $485,766 Stock Option Exercise adopted Sep 9, 2025 3,471 shares from Sep 1, 2026
Aug 5, 2026 Bancel Stephane
Officer, Director
499,246 $28,956,268 Stock Option Exercise adopted May 4, 2026 499,246 shares from Aug 5, 2026
Jul 15, 2026 Hoge Stephen
Officer
53,336 $3,605,514 Stock Option Exercise adopted Nov 13, 2025 53,336 shares from Jul 15, 2026
Jun 18, 2026 SAGAN PAUL
Former Director
25,770 $1,663,875 Stock Option Exercise none given none found
Jun 15, 2026 Hoge Stephen
Officer
53,336 $2,739,870 Stock Option Exercise adopted Nov 13, 2025 106,672 shares from Jun 15, 2026
Jun 4, 2026 Klinger Shannon Thyme
Officer
3,471 $173,550 Stock Option Exercise adopted May 5, 2026 3,471 shares from Jun 4, 2026
May 21, 2026 Flagship Pioneering, LLC
Affiliate
9,263 $433,880 Options Granted - 08/10/2016 none given none found
May 15, 2026 Hoge Stephen
Officer
53,336 $2,581,462 Option Granted 08/10/2016 adopted Nov 13, 2025 53,336 shares from May 15, 2026
May 8, 2026 SAGAN PAUL
Former Director
36,759 $2,002,787 Option Granted - 06/26/2018 none given none found
May 1, 2026 Hussain Abbas
Director
5,682 $264,952 Restricted Stock Vesting adopted Sep 5, 2025 5,682 shares from May 1, 2026
Mar 2, 2026 Klinger Shannon Thyme
Officer
13,885 $726,047 Options Granted - 03/01/2025 adopted Sep 9, 2025 none found
Feb 23, 2026 Hoge Stephen
Officer
160,009 $7,814,840 Options Granted 08/10/2016 adopted Nov 13, 2025 none found
Dec 11, 2025 Flagship Pioneering Inc.
Affiliate
23,853 $703,306 Options Granted - 08/10/2016 none given none found
Dec 9, 2025 Hussain Abbas
Director
504 $13,910 Restricted Stock Vesting adopted Sep 5, 2025 none found

From the Form 144 XML filed with the SEC, since Dec 9, 2025. The value is the seller's estimate on the notice. "Form 4 sales after" matches the seller's Form 4 sales in the 30 days after the notice, by name; Form 4s go back 180 days.

Work on MRNA in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/MRNA/export.csv") into a cell.