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[Form 4] Nektar Therapeutics Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Nektar Therapeutics (NKTR) insider sale disclosed on Form 4. Jonathan Zalevsky, Chief R&D Officer, reported selling 485 shares of common stock on 09/02/2025 under a Rule 10b5-1 trading plan at a weighted average price of $30.10 per share. After the sale he beneficially owned 19,183 shares, held directly. The filing states the trades executed at prices ranging from $30.00 to $30.28 and the Form 4 was signed by an attorney-in-fact on 09/04/2025.

Comunicazione di vendita da parte di un insider di Nektar Therapeutics (NKTR) riportata sul Modulo 4. Jonathan Zalevsky, Chief R&D Officer, ha dichiarato la vendita di 485 azioni ordinarie il 02/09/2025 nell'ambito di un piano di negoziazione Rule 10b5-1 a un prezzo medio ponderato di 30,10 USD per azione. Dopo l'operazione deteneva direttamente 19.183 azioni a titolo beneficiario. La documentazione indica che le transazioni sono state eseguite a prezzi compresi tra 30,00 e 30,28 USD e che il Modulo 4 è stato firmato da un procuratore il 04/09/2025.

Venta de insider de Nektar Therapeutics (NKTR) divulgada en el Formulario 4. Jonathan Zalevsky, Director de I+D, informó la venta de 485 acciones ordinarias el 02/09/2025 bajo un plan de comercio Rule 10b5-1 a un precio medio ponderado de 30,10 USD por acción. Tras la venta poseía beneficialmente 19.183 acciones, en propiedad directa. La presentación indica que las operaciones se ejecutaron a precios entre 30,00 y 30,28 USD y que el Formulario 4 fue firmado por un apoderado el 04/09/2025.

� 4� 공시� Nektar Therapeutics(NKTR) 내부� 매도. 최고연구개발책임�(Chief R&D Officer) Jonathan Zalevsky� 2025-09-02� Rule 10b5-1 거래계획� 따라 보통� 485주를 주당 가중평균가� 30.10달러� 매도했다� 보고했습니다. 매도 � 직접적으� � 19,183주를 실질적으� 보유하고 있었습니�. 제출서류에는 거래가 주당 30.00달러에서 30.28달러 사이에서 체결되었� � 4� 2025-09-04� 대리인� 서명했다� 기재되어 있습니다.

Vente d'initié de Nektar Therapeutics (NKTR) révélée sur le Formulaire 4. Jonathan Zalevsky, Chief R&D Officer, a déclaré la vente de 485 actions ordinaires le 02/09/2025 dans le cadre d'un plan de trading Rule 10b5-1 au prix moyen pondéré de 30,10 USD par action. Après la vente, il détenait directement 19 183 actions à titre bénéficiaire. Le dossier précise que les opérations se sont exécutées à des prix allant de 30,00 à 30,28 USD et que le Formulaire 4 a été signé par un mandataire le 04/09/2025.

Insider-Verkauf von Nektar Therapeutics (NKTR) im Formular 4 offengelegt. Jonathan Zalevsky, Chief R&D Officer, meldete den Verkauf von 485 Stammaktien am 02.09.2025 im Rahmen eines Rule-10b5-1-Handelsplans zu einem gewichteten Durchschnittspreis von 30,10 USD je Aktie. Nach dem Verkauf besaß er direkt wirtschaftlich 19.183 Aktien. Die Einreichung gibt an, dass die Trades zu Preisen zwischen 30,00 und 30,28 USD ausgeführt wurden und das Formular 4 am 04.09.2025 von einem Bevollmächtigten unterzeichnet wurde.

Positive
  • Sale executed under a Rule 10b5-1 trading plan, which is disclosed in the Form 4 and supports compliance with insider-trading rules
Negative
  • None.

Insights

TL;DR: Insider sold a small block under a 10b5-1 plan; disclosure is routine and appears compliant.

The reported sale of 485 shares at a weighted average price of $30.10 is explicitly described as executed pursuant to a Rule 10b5-1 trading plan, which provides an affirmative defense to insider trading claims if the plan was adopted in good faith. The filing discloses the post-transaction beneficial ownership of 19,183 shares and specifies the trade price range ($30.00 to $30.28). There is no derivative activity reported. From a market-impact perspective, the transaction size appears immaterial relative to typical institutional trading volumes for a publicly traded biotechnology company.

TL;DR: Proper Form 4 disclosure and a 10b5-1 plan indicate governance controls; transaction details are transparent.

The filing clearly marks the sale as occurring under a 10b5-1 plan and provides the weighted average sale price and price range, meeting disclosure standards. The use of an attorney-in-fact signature is noted. No amendments or derivative positions are reported. Based solely on the document, governance processes around insider trading appear to be followed; the filing contains the necessary specifics for stakeholders to assess compliance.

Comunicazione di vendita da parte di un insider di Nektar Therapeutics (NKTR) riportata sul Modulo 4. Jonathan Zalevsky, Chief R&D Officer, ha dichiarato la vendita di 485 azioni ordinarie il 02/09/2025 nell'ambito di un piano di negoziazione Rule 10b5-1 a un prezzo medio ponderato di 30,10 USD per azione. Dopo l'operazione deteneva direttamente 19.183 azioni a titolo beneficiario. La documentazione indica che le transazioni sono state eseguite a prezzi compresi tra 30,00 e 30,28 USD e che il Modulo 4 è stato firmato da un procuratore il 04/09/2025.

Venta de insider de Nektar Therapeutics (NKTR) divulgada en el Formulario 4. Jonathan Zalevsky, Director de I+D, informó la venta de 485 acciones ordinarias el 02/09/2025 bajo un plan de comercio Rule 10b5-1 a un precio medio ponderado de 30,10 USD por acción. Tras la venta poseía beneficialmente 19.183 acciones, en propiedad directa. La presentación indica que las operaciones se ejecutaron a precios entre 30,00 y 30,28 USD y que el Formulario 4 fue firmado por un apoderado el 04/09/2025.

� 4� 공시� Nektar Therapeutics(NKTR) 내부� 매도. 최고연구개발책임�(Chief R&D Officer) Jonathan Zalevsky� 2025-09-02� Rule 10b5-1 거래계획� 따라 보통� 485주를 주당 가중평균가� 30.10달러� 매도했다� 보고했습니다. 매도 � 직접적으� � 19,183주를 실질적으� 보유하고 있었습니�. 제출서류에는 거래가 주당 30.00달러에서 30.28달러 사이에서 체결되었� � 4� 2025-09-04� 대리인� 서명했다� 기재되어 있습니다.

Vente d'initié de Nektar Therapeutics (NKTR) révélée sur le Formulaire 4. Jonathan Zalevsky, Chief R&D Officer, a déclaré la vente de 485 actions ordinaires le 02/09/2025 dans le cadre d'un plan de trading Rule 10b5-1 au prix moyen pondéré de 30,10 USD par action. Après la vente, il détenait directement 19 183 actions à titre bénéficiaire. Le dossier précise que les opérations se sont exécutées à des prix allant de 30,00 à 30,28 USD et que le Formulaire 4 a été signé par un mandataire le 04/09/2025.

Insider-Verkauf von Nektar Therapeutics (NKTR) im Formular 4 offengelegt. Jonathan Zalevsky, Chief R&D Officer, meldete den Verkauf von 485 Stammaktien am 02.09.2025 im Rahmen eines Rule-10b5-1-Handelsplans zu einem gewichteten Durchschnittspreis von 30,10 USD je Aktie. Nach dem Verkauf besaß er direkt wirtschaftlich 19.183 Aktien. Die Einreichung gibt an, dass die Trades zu Preisen zwischen 30,00 und 30,28 USD ausgeführt wurden und das Formular 4 am 04.09.2025 von einem Bevollmächtigten unterzeichnet wurde.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Zalevsky Jonathan

(Last) (First) (Middle)
C/O NEKTAR THERAPEUTICS
455 MISSION BAY BLVD SOUTH

(Street)
SAN FRANCISCO CA 94158

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NEKTAR THERAPEUTICS [ NKTR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief R&D Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock(1) 09/02/2025 S 485 D $30.1(2) 19,183 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
2. This transaction was executed in multiple trades at prices ranging from $30.00 to $30.28 The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and the prices at which the transactions were effected upon the request to the SEC staff, the Issuer, or a security holder of the Issuer.
Mark A. Wilson, Attorney-in-Fact 09/04/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Jonathan Zalevsky sell in the NKTR Form 4?

He sold 485 shares of Nektar Therapeutics common stock on 09/02/2025.

At what price were the NKTR shares sold according to the filing?

The weighted average sale price was reported as $30.10 per share, with individual trades ranging from $30.00 to $30.28.

Was the NKTR insider sale part of a trading plan?

Yes. The Form 4 states the transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

How many NKTR shares does the reporting person own after the transaction?

The filing reports 19,183 shares beneficially owned following the reported sale.

Were any derivative securities reported in the Form 4 for NKTR?

No. Table II on the Form 4 contains no reported derivative transactions.
Nektar Therapeutics

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684.29M
18.86M
0.83%
47.51%
5.93%
Biotechnology
Pharmaceutical Preparations
United States
SAN FRANCISCO