Pham Quang X 4
4 · Cadrenal Therapeutics, Inc. · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Cadrenal Therapeutics (CVKD) 10% Owner Quang Pham Sells Shares
What Happened Quang Pham, a 10% owner of Cadrenal Therapeutics (CVKD) and trustee of The PVBQ Living Trust, sold 7,400 shares of the company's common stock in open-market transactions on June 29, 2026. The reported weighted-average sale price was $3.03 per share for total proceeds of $22,422. This was a sale (not a purchase or award).
Key Details
- Transaction date: 2026-06-29; filing date: 2026-07-01 (Form 4 accession 0001213900-26-074557).
- Shares sold: 7,400; reported weighted-average price: $3.03; total proceeds: $22,422.
- Price range: shares were sold at prices between $3.00 and $3.13; the filer will provide per-price breakdown on request (footnote).
- Plan/authorization: Sales were made under a Rule 10b5-1 trading plan adopted by the reporting person on September 25, 2025.
- Ownership/authority: Quang Pham is trustee of The PVBQ Living Trust and has sole voting and dispositive power over the trust’s shares; the trust’s sole beneficiary is his child.
- Shares owned after the transaction: not specified in the provided excerpt.
Context This was a pre-arranged sale under a 10b5-1 plan, which typically means the trades were scheduled in advance and are routine rather than spontaneous insider sales. As a 10% owner and trustee (not listed here as an executive officer), Pham’s trade should be viewed differently than company-management trading; the filing is factual and does not indicate the filer’s motives.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-06-29$3.03/sh−7,400$22,422→ 98,589 total
- 200,000(indirect: By Trust)
Common Stock
[F3]
Footnotes (3)
- [F1]Represents shares of the Issuer's common stock sold by the Reporting Person in accordance with a Rule 10b5-1 trading arrangement adopted by the Reporting Person on September 25, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.00 through $3.13. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]Quang Pham is the Trustee of The PVBQ Living Trust and has sole voting and dispositive power with respect to the shares owned by The PVBQ Trust, of which Mr. Pham's child is the sole beneficiary.