THIRD ROCK VENTURES V, L.P. purchased 26.0% of their position (650K shares) of SEPTERNA, INC. on the open market
Open‑market purchase worth $11.70M — a significant purchase. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 10/28/2024ACC: 0000950170-24-117772
10% Owner
Since Oct 2024
-57.67M
Net shares
Net seller
$11.70M
Total acquired
2
Open market trades
2B · 0S
6
Total transactions
8.31M acquired · 65.99M disposed
Non-Derivative Transactions4
Common Stock
Direct
Shares
+4.79M
Price / share
—
Trade value
—
% of position
454.4%
10/28/2024
1.05M→5.85M
Common Stock
Indirect
Shares
+2.87M
Price / share
—
Trade value
—
% of position
New position
10/28/2024
0.00→2.87M
Common Stock
Direct
Shares
+370.50K
Price / share
$18.00
Trade value
$6.67M
% of position
6.3%
10/28/2024
5.85M→6.22M
Common Stock
Indirect
Shares
+279.50K
Price / share
$18.00
Trade value
$5.03M
% of position
9.7%
10/28/2024
2.87M→3.15M
Total
Net shares
+8.31M
Net value
$11.70M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 10/28/2024 | C · Conversion | +4.79M | — | — | 454.4% | 1.05M | 5.85M |
| Common Stock Indirect | 10/28/2024 | C · Conversion | +2.87M | — | — | New position | 0.00 | 2.87M |
| Common Stock Direct | 10/28/2024 | P · Purchase | +370.50K | $18.00 | $6.67M | 6.3% | 5.85M | 6.22M |
| Common Stock Indirect | 10/28/2024 | P · Purchase | +279.50K | $18.00 | $5.03M | 9.7% | 2.87M | 3.15M |
| Total | +8.31M | $11.70M | ||||||
Derivative Transactions2
Series A Preferred Stock
Direct
Converts to
Common Stock
4.79M shares
Shares
−41.25M
Strike price
Held after
0.00
Exercisable
—
10/28/2024
Series B Preferred Stock
Indirect
Converts to
Common Stock
2.87M shares
Shares
−24.74M
Strike price
Held after
0.00
Exercisable
—
10/28/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Series A Preferred Stock Direct | Common Stock4.79M shares | 10/28/2024 | C · Conversion | −41.25M | — | 0.00 | |
| Series B Preferred Stock Indirect | Common Stock2.87M shares | 10/28/2024 | C · Conversion | −24.74M | — | 0.00 |