YANG RICK purchased 18.4% of their position (937.50K shares) of SPYGLASS PHARMA, INC. on the open market

Open‑market purchase worth $15.00M — a significant purchase. The strongest form of insider conviction signal.

P · 1 purchase

YANG RICK

Filed: 2/11/2026ACC: 0001193125-26-046670

InsiderYANG RICKCIK 1851328

→

IssuerSPYGLASS PHARMA, INC.CIK 1778922

10% Owner

Since Feb 2026

+937.50K

Net shares

Net buyer

$15.00M

Total acquired

Open market trades

1B · 0S

Total transactions

6.04M acquired · 5.10M disposed

Non-Derivative Transactions5

Common Stock

Indirect

C · Conversion

+1.62M

Price / share

—

Trade value

—

% of position

New position

2/9/2026

0.00→1.62M

Common Stock

Indirect

C · Conversion

+1.37M

Price / share

—

Trade value

—

% of position

84.6%

2/9/2026

1.62M→2.99M

Common Stock

Indirect

C · Conversion

+1.37M

Price / share

—

Trade value

—

% of position

45.8%

2/9/2026

2.99M→4.36M

Common Stock

Indirect

C · Conversion

+737.96K

Price / share

—

Trade value

—

% of position

16.9%

2/9/2026

4.36M→5.10M

Common Stock

Indirect

P · Purchase

+937.50K

Price / share

$16.00

Trade value

$15M

% of position

18.4%

2/9/2026

5.10M→6.04M

Total

Net shares

+6.04M

Net value

$15M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Indirect	2/9/2026	C · Conversion	+1.62M	—	—	New position	0.00	1.62M
Common Stock Indirect	2/9/2026	C · Conversion	+1.37M	—	—	84.6%	1.62M	2.99M
Common Stock Indirect	2/9/2026	C · Conversion	+1.37M	—	—	45.8%	2.99M	4.36M
Common Stock Indirect	2/9/2026	C · Conversion	+737.96K	—	—	16.9%	4.36M	5.10M
Common Stock Indirect	2/9/2026	P · Purchase	+937.50K	$16.00	$15M	18.4%	5.10M	6.04M
Total			+6.04M		$15M

Derivative Transactions4

Series B Preferred Stock

Indirect

C · Conversion

Converts to

Common Stock

1.62M shares

−1.62M

Strike price

Held after

0.00

Exercisable

—

2/9/2026

Series C-1 Preferred Stock

Indirect

C · Conversion

Converts to

Common Stock

1.37M shares

−1.37M

Strike price

Held after

0.00

Exercisable

—

2/9/2026

Series C-2 Preferred Stock

Indirect

C · Conversion

Converts to

Common Stock

1.37M shares

−1.37M

Strike price

Held after

0.00

Exercisable

—

2/9/2026

Series D Preferred Stock

Indirect

C · Conversion

Converts to

Common Stock

737.96K shares

−737.96K

Strike price

Held after

0.00

Exercisable

—

2/9/2026

Security	Converts To	Date	Type	Shares	Exercisable
Series B Preferred Stock Indirect	Common Stock1.62M shares	2/9/2026	C · Conversion	−1.62M	—
Series C-1 Preferred Stock Indirect	Common Stock1.37M shares	2/9/2026	C · Conversion	−1.37M	—
Series C-2 Preferred Stock Indirect	Common Stock1.37M shares	2/9/2026	C · Conversion	−1.37M	—
Series D Preferred Stock Indirect	Common Stock737.96K shares	2/9/2026	C · Conversion	−737.96K	—