Thompson Peter A. 4
Research Summary
AI-generated summary
Sionna (SION) Director Peter A. Thompson Sells 85,918 Shares
What Happened
- Peter A. Thompson, a director of Sionna Therapeutics, sold 85,918 shares on July 7, 2026. The shares were sold at $44.86 per share for total proceeds of $3,854,281. This was a sale (not a purchase or award).
Key Details
- Transaction date and price: 2026-07-07 at $44.86 per share.
- Total value: $3,854,281 (85,918 shares × $44.86).
- Shares owned after transaction: Not specified in the Form 4. The reported shares were held of record by OrbiMed Private Investments VIII, LP; see footnotes.
- Notable footnotes:
- F1: Sale executed pursuant to a prearranged 10b5-1 trading plan.
- F2/F3: Shares are held of record by OrbiMed Private Investments VIII, with OrbiMed entities and the reporting person linked by management relationships; the reporting parties disclaim beneficial ownership except to the extent of any pecuniary interest.
- Filing timeliness: Form 4 was filed July 9, 2026 for a July 7 transaction, which appears to be timely (within the standard two business days required under Section 16).
Context
- 10b5-1 plan: The sale was made under a prearranged plan, which typically means the trade was scheduled in advance and not an ad hoc decision based on current company developments.
- Institutional/manager role: The transaction involves securities held by an institutional vehicle (OrbiMed Private Investments VIII) and related managerial relationships; this may reflect an institutional disposition rather than a direct personal sale by an individual executive.