Septerna (SEPN) Director Shalini Sharp Receives 15,000-Share Award

What Happened

• Shalini Sharp, a director of Septerna, Inc. (SEPN), received a grant/award covering 15,000 shares on 2026-06-26. The transaction is reported as a derivative award with an acquisition price of $0.00 (i.e., no cash paid at grant).

Key Details

• Transaction date: 2026-06-26; Form 4 filed: 2026-06-30 (timely — within two business days).
• Transaction type: Grant/Award (derivative); reported price: $0.00.
• Number of shares/units: 15,000 underlying shares.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: The shares underlying the option vest in full upon the earlier of (i) June 26, 2027 or (ii) the date of the issuer's next annual meeting of stockholders, subject to continued service (see F1).
• Filing exhibits/remarks: Exhibit 24.2 — Substitute Power of Attorney.

Context

• This was an equity award (derivative grant), not a cash purchase or sale; there is no indication the shares were sold or immediately exercised. Such grants are routine for compensation or retention and should be viewed as a non-sale insider acquisition, subject to the stated vesting conditions.