FAIRMOUNT FUNDS MANAGEMENT LLC sold 4.68M shares of SPYRE THERAPEUTICS, INC. on the open market
Open‑market sale worth $399.66M. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 6/24/2026ACC: 0001104659-26-076967
Director10% Owner
Since Jun 2023
-4.03M
Net shares
Net seller
$399.66M
Total sold
1
Open market trades
0B · 1S
3
Total transactions
666.68K acquired · 4.70M disposed
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+666.68K
Price / share
—
Trade value
—
% of position
16.6%
6/23/2026
4.02M→4.68M
Common Stock
Indirect
Shares
−4.68M
Price / share
$85.31
Trade value
$399.66M
% of position
New position
6/23/2026
4.68M→0.00
Total
Net shares
−4.02M
Net value
-$399.66M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 6/23/2026 | C · Conversion | +666.68K | — | — | 16.6% | 4.02M | 4.68M |
| Common Stock Indirect | 6/23/2026 | S · Sale | −4.68M | $85.31 | $399.66M | New position | 4.68M | 0.00 |
| Total | −4.02M | -$399.66M | ||||||
Derivative Transactions1
Series B Preferred Stock
Indirect
Converts to
Common Stock
666.68K shares
Shares
−16.67K
Strike price
Held after
0.00
Exercisable
—
6/23/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Series B Preferred Stock Indirect | Common Stock666.68K shares | 6/23/2026 | C · Conversion | −16.67K | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)2
Common Stock
IndirectShares owned406.04K
Common Stock
IndirectShares owned406.04K
Total
812.08K indirect812.08K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 406.04K | Indirect |
| Common Stock | 406.04K | Indirect |
| Total | 812.08K | 812.08K indirect |
Derivative Holdings (Post-Transaction)1
Series A Preferred Stock
IndirectUnderlying security
Common Stock
Underlying shares
13.84M
Shares owned
346.05K
Exercise price
Expiration
—
Exercise window
—
Total
Underlying
13.84M
Owned
346.05K
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Series A Preferred Stock Indirect | Common Stock | — | — | 13.84M | 346.05K | |
| Total | 13.84M | 346.05K | ||||