{
  "id": 2453673,
  "title": "Omeros director Thomas Cable sells $276,772 in company stock",
  "url": "https://urgent.news/2026/08/21/omeros-director-thomas-cable-sells-276-772-in-company-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-21T23:15:55.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/omeros-director-thomas-cable-sells-276772-in-company-stock-93CH-4872222"
  },
  "original_language": "en",
  "account": "Omeros Corp's director, Thomas Cable, offloaded 15,000 shares of the company's common stock on August 20, 2026, netting $276,772 from the sale. The shares were traded at a weighted average price of $18.4515 per share, with individual trades ranging from $18.23 to $18.72. This sale comes amidst a significant price surge for the stock, which has increased by 330% over the past year and is now trading near its 52-week high of $19.58. Despite this, analysts suggest that Omeros may be overvalued at its current price compared to its estimated fair value. In a separate transaction, Cable also purchased 15,000 shares of Omeros stock through the exercise of stock options. This included 7,500 shares bought at $2.00 per share and another 7,500 shares at $3.93 per share, totaling $44,475. After these transactions, Cable now directly owns 35,067 shares of Omeros Corp. The company recently reported strong second-quarter earnings, surpassing expectations with adjusted earnings of $0.02 per share and revenue of $28.5 million. These results come after the company launched its new drug, YARTEMLEA, which contributed to the impressive financial performance.",
  "summary": null,
  "key_points": [
    "Thomas Cable sold 15,000 shares of Omeros Corp stock for $276,772 on August 20, 2026.",
    "Stock price surged 330% in the past year, nearing $19.58 52-week high.",
    "Cable purchased 15,000 shares via stock options, now owns 35,067 shares."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}