Ezekowitz Alan 4

What Happened

• Alan Ezekowitz, a director of Septerna, received a derivative award on June 26, 2026 covering 15,000 shares. The Form 4 reports an acquisition amount of $0.00 for the grant (i.e., a stock option/award rather than a cash purchase), so no immediate dollar value is shown.

Key Details

• Transaction date: 2026-06-26; Form 4 filed 2026-06-30 (appears timely).
• Transaction type: Grant / award of a derivative security (stock option) — 15,000 shares; reported price $0.00.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Vesting: Footnote states the shares underlying the option vest in full upon the earlier of (i) June 26, 2027 or (ii) the issuer's next annual meeting of stockholders, subject to the reporting person’s continued service.
• Remarks: Exhibit 24.2 — Substitute Power of Attorney included.
• Timeliness: Filing date (6/30/2026) appears to meet the Form 4 requirement (filed within two business days of the transaction).

Context

• This is a deferred/contingent compensation event (a stock option award) that does not represent an immediate purchase or sale of shares; Ezekowitz must remain in service and satisfy vesting conditions before the underlying shares can be acquired. The filing does not show an exercise price or other option terms beyond the vesting schedule. Such grants are common for director compensation and are informational rather than an explicit market buy/sell signal.