KULKARNI SANDEEP CHIDAMBAR (CEO) exercised options at TOURMALINE BIO, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 10/24/2025ACC: 0001945691-25-000004
DirectorOfficer· CEO
Since Oct 2023
0.00
Net shares
Net seller
$200.0K
Total acquired
0
Open market trades
0B · 0S
2
Total transactions
25.32K acquired · 25.32K disposed
Non-Derivative Transactions1
Common Stock
Direct
Shares
+25.32K
Price / share
$7.90
Trade value
$200K
% of position
3.5%
10/22/2025
729.74K→755.05K
Total
Net shares
+25.32K
Net value
$200K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 10/22/2025 | M · Option Exercise | +25.32K | $7.90 | $200K | 3.5% | 729.74K | 755.05K |
| Total | +25.32K | $200K | ||||||
Derivative Transactions1
Employee Stock Option (Right to Buy)
Direct
Converts to
Common Stock
25.32K shares
Shares
−25.32K
Strike price
7.90
Held after
503.48K
Exercisable
—
10/22/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) Direct | Common Stock25.32K shares | 10/22/2025 | M · Option Exercise | −25.32K | 7.90 | — | 503.48K |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned7K
Total
7K indirect7K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 7K | Indirect |
| Total | 7K | 7K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported