Reed Joshua 4

What Happened

Director Reed Joshua sold a total of 3,053 shares of Scholar Rock Holding Corp (SRRK) in two open-market transactions on July 1, 2026. The sales were: 2,105 shares at a weighted average price of $53.50 for proceeds of $112,609, and 948 shares at a weighted average price of $54.28 for proceeds of $51,459 — roughly $164,068 combined. These sales were effected under a Rule 10b5-1 trading plan adopted March 21, 2026 to cover tax obligations related to the vesting/settlement of RSUs.

Key Details

• Transaction dates: July 1, 2026; Form 4 filed July 6, 2026 (filed after the two-business-day reporting window).
• Individual sales:
  • 2,105 shares — weighted avg price $53.50 (sales in multiple trades at $53.05–$54.03). (See footnote F2)
  • 948 shares — weighted avg price $54.28 (sales in multiple trades at $54.04–$54.795). (See footnote F4)
• Total proceeds: approximately $164,068.
• Shares owned after transactions: 12,679 shares of common stock and 6,839 RSUs (per filing footnote). (Footnotes F3 and F5 describe holdings composition.)
• Notable footnote: Sale was made under a 10b5-1 plan to cover tax withholding on RSU settlement (Footnote F1).
• Filing timeliness: The Form 4 was filed five days after the trades (July 6 vs. July 1), which is outside the typical two-business-day reporting window.

Context

• These were sales (S) — often routine and, per the filing, part of a pre-established 10b5-1 plan for tax purposes rather than an ad hoc sell decision. For retail investors, purchases typically carry more informational weight than routine, preplanned sales.
• The filing discloses both common stock and RSUs in the insider's holdings; the sales were described as covering tax obligations on RSU vesting.