Richard C. Malabre - 04 Jun 2025 Form 4 Insider Report for Akebia Therapeutics, Inc. (AKBA)

Signature
/s/Carolyn Rucci, attorney-in-fact for Richard C. Malabre
Issuer symbol
AKBA
Transactions as of
04 Jun 2025
Net transactions value
-$47,069
Form type
4
Filing time
05 Jun 2025, 16:35:02 UTC
Previous filing
04 Feb 2025
Next filing
11 Jun 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Malabre Richard C SVP, Chief Accounting Officer C/O AKEBIA THERAPEUTICS, INC, 245 FIRST ST., CAMBRIDGE /s/Carolyn Rucci, attorney-in-fact for Richard C. Malabre 05 Jun 2025 0002007730

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKBA Common Stock Sale $47,069 -13,334 -4.8% $3.53 266,914 04 Jun 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 This sale was made pursuant to a Rule 10b5-1 Non-Discretionary Option Exercise and Stock Sale Plan adopted by the Reporting Person on December 12, 2024.
F2 The shares were sold at prices ranging from $3.50 to $3.60 and the price reported reflects the weighted average sale price.