TCG Crossover Fund II, L.P. 4

What Happened TCG Crossover GP II, LLC (reported as a 10% owner) made a series of open‑market/private purchases of Surrozen, Inc. (SRZN) common stock between Jan 30 and Feb 3, 2026. The filing reports 6 purchases totaling 9,357 shares for an aggregate cash outlay of approximately $202,534. Prices were roughly $21.38–$21.94 per share. These were buys (acquisitions), which investors often view as a more informative/positive signal than routine sales.

Key Details

• Transaction dates and prices:
  • 2026-01-30: 2,136 shares @ $21.39 ($45,689) and 2,135 shares @ $21.39 ($45,668)
  • 2026-02-02: 366 shares @ $21.38 ($7,825) and 365 shares @ $21.38 ($7,804)
  • 2026-02-03: 2,178 shares @ $21.94 ($47,785) and 2,177 shares @ $21.94 ($47,763)
• Total purchased: 9,357 shares for ~ $202,534.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing date: Feb 3, 2026 (covers transactions Jan 30–Feb 3); filing appears timely based on Form 4 two‑business‑day rule.
• Footnotes: F1/F2 state the securities are held of record by TCG Crossover Fund II, L.P. and TCG Crossover Fund III, L.P.; TCG Crossover GP II/III are the funds’ general partners and may be deemed to hold voting/investment/dispositive power. Chen Yu is the sole managing member of the GP entities.

Context

• These purchases were reported by an institutional/affiliate entity (a 10% owner and general partner of investment funds), not an individual company executive — treat accordingly when assessing insider sentiment.
• Transactions are coded “P” (purchase) and are straightforward cash acquisitions (no options, awards, gifts, or tax‑withholding mechanics reported).