|4Jan 28, 8:30 PM ET

Civik Thomas 4

Research Summary

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Repare Therapeutics (RPTX) Director Civik Thomas Sells 7,500 Shares

What Happened

  • Civik Thomas, a director of Repare Therapeutics, reported a disposition to the issuer of 7,500 common shares on 2026-01-28 (transaction code D). The Form 4 lists the price as N/A, but footnotes state the shares were transferred pursuant to an Arrangement Agreement in which each share was exchanged for $2.20 in cash plus one non-transferable contingent value right (CVR). The cash component equals roughly $16,500 (7,500 x $2.20).

Key Details

  • Transaction date: 2026-01-28; filing date: 2026-01-28 (filed timely).
  • Reported transaction type: D (Disposition to the issuer, i.e., shares surrendered/cancelled to the company in connection with an acquisition).
  • Consideration per footnotes: $2.20 cash per share + one CVR per share (non-transferable).
  • Shares owned after the transaction: not reported in the provided data.
  • Relevant footnotes: F1/F2 describe the Arrangement Agreement under which XenoTherapeutics, Xeno Acquisition Corp. and XOMA Royalty Corporation acquired all outstanding Repare shares for $2.20/share plus one CVR.

Context

  • Dispositions to the issuer commonly occur when a company is acquired and outstanding shares are cashed out or converted under the deal terms; this is typically a transaction tied to the corporate event rather than an open-market sale by the insider. The inclusion of CVRs means holders may have additional contingent upside tied to future milestones; CVRs are non-transferable per the filing.