Robbins Andrew R 4
4 · Cogent Biosciences, Inc. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Cogent Biosciences CEO Andrew Robbins Gifts 160,000 Shares
What Happened
Andrew R. Robbins, President, CEO and a director of Cogent Biosciences (COGT), transferred (gifted) 160,000 shares of common stock to a family trust on May 19, 2026. The Form 4 records the transaction as a gift (transaction code G) with an acquisition and disposition of 160,000 shares at $0.00, yielding a reported transaction value of $0. This was a non‑cash estate planning transfer rather than a market sale or purchase.
Key Details
- Transaction date: May 19, 2026; Form 4 filed May 21, 2026 (appears timely under the two‑business‑day rule).
- Transaction type/code: Gift (G). Reported price: $0.00; shares transferred: 160,000.
- Form shows both a disposition and an acquisition of 160,000 shares (insider → family trust).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnote: Mr. Robbins transferred the shares to a family trust for estate planning purposes (Footnote F1).
- No 10b5‑1 plan, tax withholding, or option exercise noted in this filing.
Context
Gifts to family trusts are commonly used for estate planning and do not represent a market sentiment buy or sell. Because no cash changed hands and the transfer was for estate planning, this filing does not indicate a typical insider purchase (potentially bullish) or a sale (liquidity event). Retail investors should treat this as a non‑market, personal/legal reallocation of ownership.
Insider Transaction Report
- Gift
Common Stock
[F1]2026-05-19−160,000→ 497,503 total - Gift
Common Stock
[F1]2026-05-19+160,000→ 160,000 total(indirect: By Trust)
Footnotes (1)
- [F1]On May 19, 2026, Mr. Robbins transferred 160,000 shares of common stock to a family trust for estate planning purposes.