Curnes Nelson Bunker 4

What Happened

• Curnes Nelson Bunker, Chief Financial Officer of Mobia Medical (MOBI), made an open-market purchase of 5,000 shares on June 9, 2026 at a weighted average price of $12.79 per share, totaling approximately $63,969. The filing also reports earlier zero-cost distributions on February 23, 2026 of 249,750 and 175,077 shares (reported as dispositions at $0.00); the Reporting Person received 58,359 shares in those distributions.

Key Details

• Purchase: 5,000 shares acquired on 2026-06-09, weighted average price $12.79 (prices ranged $12.65–$13.01); total ≈ $63,969. (F3)
• Prior distributions: 249,750 and 175,077 shares disposed on 2026-02-23 at $0.00; Reporting Person received 58,359 shares from those distributions. (F2, F4)
• Lock-up: All distributed shares remain subject to IPO lock-up restrictions. (F2)
• Reporting/cleanup: The Form 4 updates prior filings (Form 3 dated May 7, 2026 and Form 4 dated May 11, 2026) that had inadvertently reported pre-distribution ownership. (F2)
• Ownership after transaction: the filing does not state a consolidated total holding amount post-transactions; the reporting person offers to provide breakdown of purchases by price upon request. (F3)

Context

• The June 9 transaction was an open-market purchase (P) — purchases by executives are often watched as a positive signal, though filings do not state motivation. The February 23 entries reflect in-kind distributions from funds that occurred prior to the company’s Section 12 registration in connection with the IPO and are reported under Rule 16a-2(a); those distributions remain subject to lock-up.