Insider Activity Highlights Confidence in ImmunityBio’s Growth Trajectory The latest Form 4 filing by owner Selecky Christobel shows a modest 25,000‑share purchase at $2.98, followed by an immediate sale at $10.00 and the exercise of a 25,000‑share option that was fully vested two years earlier. The transaction occurred when the stock was trading near its 52‑week high ($11.54), underscoring a bullish stance from a director who has repeatedly purchased shares while also exercising options. The overall pattern—buying low, selling high, and exercising vested options—signals a long‑term belief in the company’s value creation, especially amid the recent surge in Anktiva sales and expanding regulatory approvals.
Implications for Investors and the Company’s Outlook Selecky’s trading cadence dovetails with a broader wave of insider buying at ImmunityBio. Chief Financial Officer Sachs David C. and Chief Accounting Officer LAUER REGAN J. have each made sizable purchases in February, while CEO Adcock Richard added substantial holdings. Such insider confidence often reassures markets that executives view the company’s valuation as attractive, a sentiment amplified by the positive social‑media buzz (+85) and heightened communication intensity (881 %). For investors, this insider enthusiasm could serve as a catalyst for renewed buying interest, potentially supporting the stock’s momentum as it approaches the 52‑week ceiling. However, the negative price‑earnings ratio (-21.26) and ongoing reliance on a single product line remain cautionary flags.
Selecky Christobel’s Historical Trading Pattern Reviewing Selecky’s 2026 filings reveals a consistent strategy: large block purchases at the low end of the trading range, followed by option exercises and subsequent sales at higher prices. In January, she bought 50,000 shares at $2.98 and 25,000 shares at the same price, then sold the 25,000‑share block at $7.51. She also exercised a 50,000‑share option, moving from a $0.00 exercise price to a post‑exercise holding of nearly 118,000 shares. This pattern suggests a disciplined, rule‑based approach—likely governed by a 10(b)(5)(1) trading plan—aimed at capitalizing on intraday price movements while mitigating market impact.
What This Means for the Company’s Future The confluence of insider buying, robust sales growth, and expanding global approvals paints a bullish picture for ImmunityBio’s valuation trajectory. Directors’ willingness to add to their positions indicates confidence in the company’s ability to sustain revenue momentum and navigate the competitive oncology landscape. For investors, the insider activity could be interpreted as a green light to consider a long position, especially as analysts adjust price targets upward. Nonetheless, stakeholders should remain vigilant regarding the company’s profitability metrics and dependence on Anktiva, which will be critical as the firm scales its commercial footprint and seeks additional product pipelines.
Takeaway Selecky Christobel’s recent transactions, combined with parallel insider purchases, reinforce a narrative of confidence in ImmunityBio’s strategic direction. For investors, this insider sentiment—bolstered by strong fundamentals and positive market buzz—provides a compelling case for watching the stock closely as it navigates its next growth phase.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-02-23 | Selecky Christobel () | Buy | 25,000.00 | 2.98 | Common Stock |
| 2026-02-23 | Selecky Christobel () | Sell | 25,000.00 | 10.00 | Common Stock |
| 2026-02-23 | Selecky Christobel () | Sell | 25,000.00 | N/A | Stock Option (right to buy) |
| 2026-02-22 | Sachs David C. (Chief Financial Officer) | Buy | 40,650.00 | N/A | Common Stock |
| 2026-02-22 | Sachs David C. (Chief Financial Officer) | Sell | 20,682.00 | 8.70 | Common Stock |
| 2026-02-22 | Sachs David C. (Chief Financial Officer) | Sell | 40,650.00 | N/A | Restricted Stock Units |
| 2026-02-22 | LAUER REGAN J (Chief Accounting Officer) | Buy | 4,065.00 | N/A | Common Stock |
| 2026-02-22 | LAUER REGAN J (Chief Accounting Officer) | Sell | 1,673.00 | 8.70 | Common Stock |
| 2026-02-22 | LAUER REGAN J (Chief Accounting Officer) | Sell | 4,065.00 | N/A | Restricted Stock Units |
| 2026-02-22 | SOON-SHIONG PATRICK (See remarks) | Buy | 114,329.00 | N/A | Common Stock |
| 2026-02-22 | SOON-SHIONG PATRICK (See remarks) | Sell | 58,170.00 | 8.70 | Common Stock |
| N/A | SOON-SHIONG PATRICK (See remarks) | Holding | 246,412,277.00 | N/A | Common Stock |
| N/A | SOON-SHIONG PATRICK (See remarks) | Holding | 261,705,814.00 | N/A | Common Stock |
| N/A | SOON-SHIONG PATRICK (See remarks) | Holding | 8,383,414.00 | N/A | Common Stock |
| N/A | SOON-SHIONG PATRICK (See remarks) | Holding | 7,976,159.00 | N/A | Common Stock |
| N/A | SOON-SHIONG PATRICK (See remarks) | Holding | 5,618,326.00 | N/A | Common Stock |
| N/A | SOON-SHIONG PATRICK (See remarks) | Holding | 9,986,920.00 | N/A | Common Stock |
| N/A | SOON-SHIONG PATRICK (See remarks) | Holding | 47,557,934.00 | N/A | Common Stock |
| N/A | SOON-SHIONG PATRICK (See remarks) | Holding | 32,606,985.00 | N/A | Common Stock |
| 2026-02-22 | SOON-SHIONG PATRICK (See remarks) | Sell | 114,329.00 | N/A | Restricted Stock Units |
| 2026-02-22 | Adcock Richard (CEO & President) | Buy | 152,439.00 | N/A | Common Stock |
| 2026-02-22 | Adcock Richard (CEO & President) | Sell | 77,560.00 | 8.70 | Common Stock |
| 2026-02-22 | Adcock Richard (CEO & President) | Sell | 152,439.00 | N/A | Restricted Stock Units |
| 2026-02-20 | Simon Barry J. () | Sell | 10,000.00 | 9.25 | Common Stock |
| 2026-02-22 | Simon Barry J. () | Buy | 15,243.00 | N/A | Common Stock |
| 2026-02-22 | Simon Barry J. () | Sell | 6,026.00 | 8.70 | Common Stock |
| 2026-02-23 | Simon Barry J. () | Sell | 165,000.00 | 10.25 | Common Stock |
| 2026-02-22 | Simon Barry J. () | Sell | 15,243.00 | N/A | Restricted Stock Units |




