AWM Investment Company, Inc. 4
4 · 908 Devices Inc. · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
908 Devices (MASS) 10% Owner AWM Investment Sells Shares
What Happened
AWM Investment Company, Inc. (a reported 10% owner/adviser) reported open-market sales of 186,942 shares of 908 Devices common stock across trades on May 27–28, 2026. Reported transactions: 1,500 shares at $8.25 ($12,375), 15,000 shares at $8.25 ($123,791), and 170,442 shares at a weighted average price of $8.66 ($1,475,925), totaling approximately $1,612,091. These were disposals (sales), which are typically portfolio or fund-level moves rather than signals from a company executive.
Key Details
- Transaction dates and prices: May 27, 2026 — 1,500 @ $8.25 and 15,000 @ $8.25; May 28, 2026 — 170,442 @ $8.66 (footnote: weighted average price).
- Total shares sold: 186,942; total reported proceeds ≈ $1,612,091.
- Reported holdings: AWM reports sole voting and investment power over 4,929,773 shares across several funds (per footnote); after these reported disposals, that interest implies roughly 4,742,831 shares remaining (4,929,773 − 186,942).
- Footnotes: F1 = weighted average price; F2 notes controlling principals (David M. Greenhouse and Adam C. Stettner) and that AWM disclaims beneficial ownership except for pecuniary interest; F3 lists the funds for which AWM is adviser and the breakdown of shares.
- Filing/timeliness: Report filed May 29, 2026 covering trades on May 27–28, 2026 — appears to be a timely Form 4 filing (no late-file flag indicated).
Context
This filing is from an investment adviser/10% holder managing fund positions, not an individual officer or director. Such sales most often reflect portfolio rebalancing or fund-level liquidity needs rather than executive sentiment. The report is informational and does not state motives for the disposals.
Insider Transaction Report
- Sale
908 DEVICES, INC.
[F1]2026-05-27$8.25/sh−1,500$12,375→ 5,115,215 total(indirect: By Partnership) - Sale
908 DEVICES, INC.
[F1]2026-05-27$8.25/sh−15,000$123,791→ 5,100,215 total(indirect: By Partnership) - Sale
908 DEVICES, INC.
[F1][F2][F3]2026-05-28$8.66/sh−170,442$1,475,925→ 4,929,773 total(indirect: By Partnership)
Footnotes (3)
- [F1]This is a weighted average price
- [F2]David M. Greenhouse (Greenhouse) and Adam C. Stettner (Stettner) are the controlling principals of AWM. The reporting person disclaims beneficial ownership of the Shares, except to the extent of its pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F3]AWM Investment Company, Inc., a Delaware Corporation (AWM), is the investment adviser to Special Situations Fund III QP, L.P. (SSFQP), Special Situations Cayman Fund, L.P. (CAY), Special Situations Private Equity Fund, L.P. (SSPE), Special Situations Technology Fund, L.P. (TECH) and Special Situations Technology Fund II, L.P. (TECH II and together with SSFQP, CAY, SSPE and TECH, the Funds). As the investment adviser to the Funds, AWM holds sole voting and investment power over 2,054,000 shares of Common Stock of the Issuer (the Shares) held by SSFQP, 588,327 Shares held by CAY, 271,986 Shares held by SSPE, 338,137 Shares held by TECH and 1,677,323 Shares held by TECH II.