Insider Trading June 24, 2026 08:10 PM

Capricor CFO Executes Pre-Arranged Share Sales Amid Regulatory Timeline

Anthony Bergmann's recent transactions occur as the biotech firm navigates critical FDA review and commercial preparation phases.

By Maya Rios
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Capricor Therapeutics, Inc. (NASDAQ: CAPR) reported the execution of a pre-arranged trading plan by its Chief Financial Officer, Anthony Bergmann. The sale of 900 shares was facilitated by options exercised from a long-term vesting schedule, following the adoption of the 10b5-1 plan in late 2025. This activity occurs against a backdrop of recent financial reporting and ongoing regulatory milestones for the company's lead product.

Capricor CFO Executes Pre-Arranged Share Sales Amid Regulatory Timeline
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Key Points

  • Executive Insider Activity: CFO Anthony Bergmann sold 900 shares via a pre-arranged 10b5-1 plan, following the exercise of long-term vested options. This highlights ongoing executive position management within the biotechnology sector.
  • Regulatory Milestone: The FDA is actively reviewing Deramiocel, with a PDUFA date set for August 22, 2026. This regulatory timeline is a critical inflection point for the biotech industry and Capricor's commercialization strategy.
  • Financial Position and Market Sentiment: Despite a Q1 2026 EPS miss of -$0.59 versus the forecasted -$0.52, the company maintains cash runway through Q4 2027. B.Riley's maintained Buy rating and $63 price target suggest continued analyst confidence in the sector's growth potential.

Executive Transaction Details


Anthony Bergmann, serving as the Chief Financial Officer for Capricor Therapeutics, Inc. (NASDAQ: CAPR), completed the sale of 900 shares of the company's common stock. The total value of these transactions amounted to $27,000. The shares were divested at a uniform price of $30.00 per share across two distinct dates, June 22 and June 24, 2026.


The disposition of these shares was directly preceded by the acquisition of an equivalent number of common shares through the exercise of stock options. Mr. Bergmann acquired these 900 common shares at an exercise price of $3.18 per share, resulting in a total cost of $2,862. The underlying options, which grant the holder the right to purchase common stock, follow a specific vesting schedule. These shares vested at a rate of 1/48th on the first day of each month, beginning on February 1, 2022. The options are contracted to expire in January 2032.


The sales were carried out in accordance with a 10b5-1 trading plan that Mr. Bergmann established in December 2025. Following the completion of these transactions, Mr. Bergmann maintains direct ownership of 11,223 shares of Capricor Therapeutics common stock. Additionally, he holds 116,080 derivative shares in the form of stock options.


Corporate Financial and Regulatory Context


Recent corporate developments for Capricor Therapeutics indicate a period of active financial and regulatory engagement. The company reported a first-quarter loss for 2026 that exceeded analyst expectations. Earnings per share (EPS) were recorded at -$0.59, compared to the forecasted figure of -$0.52.


Despite the larger-than-expected loss, the company provided assurance regarding its liquidity position. Capricor stated that it possesses sufficient cash reserves to sustain operations through the fourth quarter of 2027. This financial runway is critical as the firm navigates the review process for its lead product, Deramiocel. The FDA is currently conducting an active review, with a Prescription Drug User Fee Act (PDUFA) date established for August 22, 2026.


Further corporate actions include the filing of a rescission against Nippon Shinyaku and NS Pharma. Market sentiment toward the stock remains positive among certain analysts, with B.Riley reiterating a Buy rating and maintaining a price target of $63.


Market Data Snapshot


Trading activity for Capricor Therapeutics reflects recent market fluctuations. The stock closed at $29.51, representing a decline of $0.09 or 0.30%. After-hours trading saw the price move to $29.29, a decrease of $0.218 or 0.74%.

Risks

  • Regulatory Dependency: The company's future performance is heavily tied to the FDA's review of Deramiocel. Any delays or negative outcomes in this regulatory process could significantly impact the biotech sector's valuation and Capricor's commercial viability.
  • Financial Execution and Cash Burn: The reported Q1 2026 loss exceeding expectations highlights potential challenges in financial execution. While the company asserts cash sufficiency until Q4 2027, continued operational losses could strain resources and affect investor sentiment in the broader market.
  • Legal and Partnership Complexities: The filing of a rescission against Nippon Shinyaku and NS Pharma introduces legal uncertainty. Disruptions in strategic partnerships or intellectual property arrangements could complicate commercialization efforts and affect market stability.

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