Scholar Rock Holding Corp·4

Jul 6, 4:30 PM ET

Burow Kristina 4

Research Summary

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Scholar Rock (SRRK) Director Kristina Burow Sells Shares

What Happened Kristina Burow, a director of Scholar Rock Holding Corp (SRRK), sold a total of 3,053 shares in two open‑market transactions on July 1, 2026. She sold 2,105 shares at a weighted average price of $53.49 for proceeds of $112,605, and 948 shares at a weighted average price of $54.28 for proceeds of $51,459 — total proceeds roughly $164,064. These were sales (not purchases) and were effected under a Rule 10b5‑1 trading plan to cover tax obligations upon the vesting/settlement of RSUs.

Key Details

  • Transaction dates: July 1, 2026 (reported on Form 4 filed July 6, 2026).
  • Sale details:
    • 2,105 shares @ weighted avg $53.49; price range for these trades: $53.050–$54.030 (multiple executions).
    • 948 shares @ weighted avg $54.28; price range for these trades: $54.040–$54.795 (multiple executions).
  • Proceeds: ~$112,605 and ~$51,459 (total ≈ $164,064).
  • Shares owned after transactions: reported beneficial ownership of 107,818 shares of common stock and 6,839 RSUs.
  • Notable footnotes: sale was pursuant to a Rule 10b5‑1 plan to cover tax withholding on RSU vesting (F1). Price entries are weighted averages from multiple executions (F2, F4). Ownership tallies for before/after the trades are shown in F3/F5.
  • Timeliness: Form 4 was filed July 6 for trades on July 1. Form 4s are normally due within two business days, so this filing was delayed (reduces near‑term transparency).

Context

  • These sales were routine disposition transactions under a pre‑arranged 10b5‑1 plan to satisfy tax obligations related to RSUs; such planned sales are common and do not by themselves indicate a change in company outlook.
  • Purchases generally carry more weight for signaling insider conviction; this report documents routine insider selling tied to equity compensation.