IMNM▲2
Immunome Director Sells $2.4 Million in Shares Day Before FDA Accepts Lead Drug Application
Immunome director Isaac Barchas sold 100,000 shares for approximately $2.4 million on July 7, 2026, one day before the FDA accepted the company's lead drug application for review. The sale was executed under a pre-established Rule 10b5-1 trading plan through AMBHMC II LLC, leaving Barchas with 103,259 directly held shares and 108,504 indirectly held shares. The transaction occurred as Immunome's stock had returned 181% over the prior year, with shares priced at $23.90 at the July 6 close. The FDA accepted the application for varegacestat, an oral desmoid tumor therapy, and set a decision date of April 28, 2027, following Phase 3 data showing an 84% lower risk of progression. Immunome, a clinical-stage oncology company with a $2.3 billion market capitalization, reported trailing-twelve-month revenue of $4.0 million and a net loss of $224.6 million, while holding $582.7 million in cash as of March 31, 2026.