TCG Crossover Fund II, L.P. 4
4 · Surrozen, Inc./DE · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Surrozen (SRZN) 10% Owner Buys 18,856 Shares (~$445K)
What Happened TCG Crossover GP II, LLC (reported as a 10% owner) acquired a total of 18,856 shares of Surrozen, Inc. (SRZN) in purchases on February 11–12, 2026. The buys consisted of two lots on Feb 11 (8,882 and 8,881 shares at $23.57 each, totaling $418,763) and two smaller lots on Feb 12 (547 and 546 shares at $23.86 each, totaling $26,082), for aggregate consideration of $444,845. Transaction code P indicates purchase (open market or private purchase), which is generally viewed as a more informative insider action than routine sales.
Key Details
- Transaction dates and prices:
- 2026-02-11: 8,882 shares @ $23.57 = $209,393 (P)
- 2026-02-11: 8,881 shares @ $23.57 = $209,370 (P)
- 2026-02-12: 547 shares @ $23.86 = $13,053 (P)
- 2026-02-12: 546 shares @ $23.86 = $13,029 (P)
- Total acquired: 18,856 shares for $444,845.
- Shares owned after transaction: Not specified in the provided filing.
- Filing: Form 4 filed Feb 13, 2026 for transactions on Feb 11–12, 2026 (appears timely under Form 4 reporting rules).
- Footnotes: Securities are held of record by TCG Crossover Fund II, L.P. and TCG Crossover Fund III, L.P. TCG Crossover GP II (and GP III) are general partners; Chen Yu is the sole managing member and may be deemed to share voting, investment, and dispositive power with respect to these holdings.
Context This filing reflects purchases by a 10% institutional owner (via its GP and affiliated funds), not an individual company executive. Purchases by institutional holders can signal increased institutional conviction, but filings do not disclose motivation. The transactions were straightforward purchases (code P — open market or private purchase).
Insider Transaction Report
- Purchase
Common Stock
[F1]2026-02-11$23.57/sh+8,882$209,393→ 650,567 total(indirect: See footnote) - Purchase
Common Stock
[F2]2026-02-11$23.57/sh+8,881$209,370→ 650,563 total(indirect: See footnote) - Purchase
Common Stock
[F1]2026-02-12$23.86/sh+547$13,053→ 651,114 total(indirect: See footnote) - Purchase
Common Stock
[F2]2026-02-12$23.86/sh+546$13,029→ 651,112 total(indirect: See footnote)
Footnotes (2)
- [F1]These securities are held of record by TCG Crossover Fund II, L.P. (TCG Crossover II). TCG Crossover GP II, LLC (TCG Crossover GP II) is the general partner of TCG Crossover II and may be deemed to have voting, investment, and dispositive power with respect to these securities. Chen Yu is the sole managing member of TCG Crossover GP II and may be deemed to share voting, investment and dispositive power with respect to these securities.
- [F2]These securities are held of record by TCG Crossover Fund III, L.P. (TCG Crossover III). TCG Crossover GP III, LLC (TCG Crossover GP III) is the general partner of TCG Crossover III and may be deemed to have voting, investment, and dispositive power with respect to these securities. Chen Yu is the sole managing member of TCG Crossover GP III and may be deemed to share voting, investment and dispositive power with respect to these securities.