Ashiya Mona 4

What Happened

• Ashiya Mona, a director of Shattuck Labs, reported purchases on June 11, 2026 totaling 1,250,000 securities (1,041,667 and 208,333 units). The Form 4 shows these as purchases (code P); the form lists price as N/A.
• Footnote to the filing explains these transactions were part of the company’s public offering that closed June 11, 2026: common shares were priced at $4.00 each and, in lieu of shares to certain investors, pre-funded warrants were sold at $3.9999 each. Based on the offering price, the 1,250,000 units equal roughly $5.0 million in aggregate consideration.
• This was a purchase (an acquisition), which investors often view as a more informative/“bullish” signal than sales, though no motive is stated.

Key Details

• Transaction date: June 11, 2026; Form 4 filed June 15, 2026 (appears timely).
• Reported items: two purchase entries — 1,041,667 and 208,333 units; Form shows price N/A, offering priced at $4.00/share or $3.9999/pre-funded warrant per footnote.
• Shares owned after transaction: not specified in the filing.
• Notable footnotes: (F1) these purchases were part of a public offering closed June 11; (F2) pre-funded warrants (if issued) are exercisable any time but subject to a 9.99% beneficial ownership blocker and expire once exercised.
• Filing timeliness: filed June 15 for a June 11 trade (within the typical two-business-day Form 4 window).

Context

• Pre-funded warrants: purchasers pay nearly full share value up front and later exercise the warrant (exercise price $0.0001 per share) to convert into common stock; the 9.99% blocker limits immediate conversion if it would push ownership above that threshold.
• The Form 4 does not break out how many of the units (if any) are common shares vs. pre-funded warrants; the footnotes provide the offering terms. No indications of sales, option exercises, gifts, or 10b5-1 plans are reported for these entries.