AXSM Axsome Therapeutics, Inc.

NEUTRAL Impact: 4/10 144
Horizon days Filed Jun 9, 2026 Processed 3d 17h ago SEC 0001958244-26-000358
Form 144 — notice of proposed sale of securities

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Executive Summary

CEO Herriot Tabuteau files Form 144 to sell 49,670 shares of Axsome Therapeutics (~$12.2M) under a 10b5-1 plan dated 3/10/2026. The sale is pre-planned but adds to recent insider selling activity.

Actionable Insight

The pre-planned 10b5-1 sale reduces signaling concerns, but continued insider selling warrants monitoring for potential overhang. The strong analyst consensus (93% bullish) and historical performance may offset bearish sentiment.

Key Facts

  • CEO Herriot Tabuteau files to sell 49,670 shares (~$12.2M) under a 10b5-1 plan.
  • The 10b5-1 plan was established on 3/10/2026, indicating pre-planned sale.
  • Recent insider selling (30d) totals $19.9M, with this filing adding to the trend.

Financial Impact

CEO selling ~$12.2M in shares; secondary market sale, no dilution.

Risk Factors

  • Insider selling pattern could indicate management caution.
  • Potential overhang from planned sales.

Market Snapshot

Exchange
Nasdaq
Sector
Pharmaceutical Preparations
Analyst Consensus
93% bullish (27 analysts)

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
144 Filing (Primary)0001958244-26-000358
Document: 0001958244-26-000358-index.html0001958244-26-000358
Document: 0001958244-26-000358.txt0001958244-26-000358
15 reports for AXSM
Performance horizon
75% Hit rate 3 of 4 directional calls best @ T+20▲ +12.07%Apr 30, 2026
Filters
Rows
Reports for AXSM — sortable, filterable
Type Now
Jun 12, 2026
1d ago
Insider Cluster
NEUTRAL ★ 4/10
$253.88 awaiting T+1awaiting T+1$255.17 (+0.51%)
Jun 11, 2026
1d ago
144
NEUTRAL ★ 1/10
$253.88 awaiting T+1awaiting T+1$255.17 (+0.51%)
Jun 11, 2026
2d ago
Insider Cluster
NEUTRAL ★ 4/10
$246.42 awaiting T+1awaiting T+1$255.17 (+3.55%)
Jun 9, 2026
3d ago
144
NEUTRAL ★ 4/10
$245.68 awaiting T+1awaiting T+1$255.17 (+3.86%)
Jun 9, 2026
3d ago
8-K
NEUTRAL ★ 2/10
$245.68 awaiting T+1awaiting T+1$255.17 (+3.86%)
Jun 9, 2026
3d ago
Insider Cluster
NEUTRAL ★ 4/10
$245.68 awaiting T+1awaiting T+1$255.17 (+3.86%)
Jun 4, 2026
9d ago
Press Release
NEUTRAL ★ 3/10
$231.48 $232.32▲ +0.36%▲ +2.96%$255.17 (+10.23%)
Jun 3, 2026
10d ago
8-K
BULLISH ★ 7/10
$233.49 $231.48▼ −0.86%▼ −1.26%$255.17 (+9.29%)
May 4, 2026
5w ago
8-K
MIXED ★ 6/10
$223.70 $223.06▼ −0.29%▼ −1.08%$255.17 (+14.07%)
May 4, 2026
5w ago
Press Release
MIXED ★ 6/10
$223.70 $223.06▼ −0.29%▼ −1.08%$255.17 (+14.07%)
Showing 10 of 15

US Market Status

Market Closed — Opens Mon (45h 44m)

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