RA CAPITAL MANAGEMENT, L.P.

PrivateCIK: 1346824
Location

BOSTON, MA

RA CAPITAL MANAGEMENT, L.P. purchased 3.69M shares of SPYGLASS PHARMA, INC. on the open market

Open‑market purchase worth $59.04M. The strongest form of insider conviction signal.

P · 2 purchases
InsiderRA CAPITAL MANAGEMENT, L.P.CIK 1346824
IssuerSPYGLASS PHARMA, INC.CIK 1778922
Director10% Owner
Since Feb 2026
+3.69M
Net shares
Net buyer
$59.04M
Total acquired
2
Open market trades
2B · 0S
10
Total transactions
8.02M acquired · 4.33M disposed
Non-Derivative Transactions4

Common Stock

Indirect
C · Conversion

Shares

+2.52M

Price / share

Trade value

% of position

New position
2/9/2026
0.002.52M

Common Stock

Indirect
C · Conversion

Shares

+1.81M

Price / share

Trade value

% of position

New position
2/9/2026
0.001.81M

Common Stock

Indirect
P · Purchase

Shares

+3.44M

Price / share

$16.00

Trade value

$55.07M

% of position

136.3%
2/9/2026
2.52M5.97M

Common Stock

Indirect
P · Purchase

Shares

+248.03K

Price / share

$16.00

Trade value

$3.97M

% of position

13.7%
2/9/2026
1.81M2.05M
Total

Net shares

+8.02M

Net value

$59.04M

Derivative Transactions6

Series C-1 Preferred Stock

Indirect
C · Conversion
Converts to

Common Stock

1.15M shares

Shares

1.15M

Strike price

Held after

0.00

Exercisable

2/9/2026

Series C-1 Preferred Stock

Indirect
C · Conversion
Converts to

Common Stock

767.29K shares

Shares

767.29K

Strike price

Held after

0.00

Exercisable

2/9/2026

Series C-2 Preferred Stock

Indirect
C · Conversion
Converts to

Common Stock

1.15M shares

Shares

1.15M

Strike price

Held after

0.00

Exercisable

2/9/2026

Series C-2 Preferred Stock

Indirect
C · Conversion
Converts to

Common Stock

767.29K shares

Shares

767.29K

Strike price

Held after

0.00

Exercisable

2/9/2026

Series D Preferred Stock

Indirect
C · Conversion
Converts to

Common Stock

222.59K shares

Shares

222.59K

Strike price

Held after

0.00

Exercisable

2/9/2026

Series D Preferred Stock

Indirect
C · Conversion
Converts to

Common Stock

272.06K shares

Shares

272.06K

Strike price

Held after

0.00

Exercisable

2/9/2026
RA CAPITAL MANAGEMENT, L.P. — Insider Transaction (Form 4) Filed Feb 11, 2026 | Finecho