BURROUGHS AMY L. (Chief Executive Officer) reported 3 transactions at TERNS PHARMACEUTICALS, INC.
Review the transaction codes below to understand the nature of each event.
Filed: 5/5/2026ACC: 0001872564-26-000010
DirectorOfficer· Chief Executive Officer
Since Feb 2026
-2.81M
Net shares
Net seller
$16.16M
Total sold
0
Open market trades
0B · 0S
6
Total transactions
2.81M disposed
Non-Derivative Transactions3
Common Stock
Direct
Shares
−146.61K
Price / share
$53.00
Trade value
$7.77M
% of position
New position
5/5/2026
146.61K→0.00
Common Stock
Indirect
Shares
−8.32K
Price / share
$53.00
Trade value
$440.91K
% of position
New position
5/5/2026
8.32K→0.00
Common Stock
Direct
Shares
−150K
Price / share
$53.00
Trade value
$7.95M
% of position
New position
5/5/2026
150K→0.00
Total
Net shares
−304.93K
Net value
-$16.16M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 5/5/2026 | U · U | −146.61K | $53.00 | $7.77M | New position | 146.61K | 0.00 |
| Common Stock Indirect | 5/5/2026 | U · U | −8.32K | $53.00 | $440.91K | New position | 8.32K | 0.00 |
| Common Stock Direct | 5/5/2026 | D · Disposition | −150K | $53.00 | $7.95M | New position | 150K | 0.00 |
| Total | −304.93K | -$16.16M | ||||||
Derivative Transactions3
Stock Option (Right to Buy)
Direct
Converts to
Common Stock
955.53K shares
Shares
−955.53K
Strike price
4.64
Held after
0.00
Exercisable
—
5/5/2026
Stock Option (Right to Buy)
Direct
Converts to
Common Stock
1.25M shares
Shares
−1.25M
Strike price
7.31
Held after
0.00
Exercisable
—
5/5/2026
Stock Option (Right to Buy)
Direct
Converts to
Common Stock
300K shares
Shares
−300K
Strike price
37.18
Held after
0.00
Exercisable
—
5/5/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) Direct | Common Stock955.53K shares | 5/5/2026 | D · Disposition | −955.53K | 4.64 | — | 0.00 |
| Stock Option (Right to Buy) Direct | Common Stock1.25M shares | 5/5/2026 | D · Disposition | −1.25M | 7.31 | — | 0.00 |
| Stock Option (Right to Buy) Direct | Common Stock300K shares | 5/5/2026 | D · Disposition | −300K | 37.18 | — | 0.00 |