Thompson Peter A. 4
Research Summary
AI-generated summary
Sionna (SION) Director Peter A. Thompson Sells 115,844 Shares
What Happened
- Peter A. Thompson, reported as a director and a member of OrbiMed Advisors, disposed of 115,844 Sionna Therapeutics (SION) shares on June 30, 2026. The shares were sold at $45.50 each for a total proceeds of $5,270,902. The filing indicates the sale was made pursuant to a 10b5-1 plan (pre-arranged automatic sales).
Key Details
- Transaction date and price: 2026-06-30 — 115,844 shares sold at $45.50/share.
- Total value: $5,270,902.
- Transaction type: Sale (open market or private sale; reported with code S).
- Shares owned after transaction: Not specified in the Form 4 provided.
- Notable footnotes:
- F1: Sale executed pursuant to a 10b5-1 plan (preplanned sale program).
- F2–F3: The securities are held of record by OrbiMed Private Investments VIII, LP (OPI VIII). OrbiMed Capital GP VIII LLC and OrbiMed Advisors have relationships that may give them voting/investment power; Thompson is a member of OrbiMed Advisors. The parties disclaim beneficial ownership except to the extent of any pecuniary interest.
- Filing timeliness: Report filed July 2, 2026 for a June 30, 2026 transaction (appears to be timely under Form 4 rules).
Context
- Sales made under a 10b5-1 plan are typically prearranged and do not necessarily reflect current sentiment. This report is associated with an institutional structure (OrbiMed entities) rather than a personal, discretionary trade by a company executive.