George Gregory 4

What Happened

• George Gregory, reported as a 10% owner of Mesoblast Ltd (MESO), made multiple open‑market purchases between April 4 and April 10, 2026, acquiring a total of 8,305,962 shares/ADS. Purchases included large low‑priced tranches (A$1.42–A$1.48) and several trades at higher prices (US$14.10–US$14.40). Aggregate reported consideration was A$10,387,880 and US$15,747,214. These were purchases (acquisitions), which are generally considered more informative to investors than routine sales.

Key Details

• Transaction dates & price ranges:
  • Apr 4, 2026: 4,000,000 shares @ A$1.42 (A$5,680,000)
  • Apr 9, 2026: multiple buys including 886,890 @ A$1.43 (A$1,268,253) and several US$14.10–US$14.40 trades (totaling US$15,747,214)
  • Apr 10, 2026: 2,324,072 @ A$1.48 (A$3,439,627)
• Total acquired: 8,305,962 shares/ADS across the reported transactions.
• Total consideration (as reported): A$10,387,880 and US$15,747,214.
• Shares owned after transaction: Not specified in the provided summary.
• Footnote: The filing notes these ordinary shares are represented by American Depositary Shares (ADS); each ADS represents a beneficial interest in 10 ordinary shares.
• Filing timeliness: Report filed Apr 10, 2026 for transactions through Apr 9, 2026—this appears timely (no late filing indicated).
• Insider status: As a 10% owner, Gregory is a significant shareholder (different from trading by a company executive); purchases by 10% owners are material but should be interpreted as ownership transactions rather than routine employee trades.

Context

• These were straightforward open‑market purchases (transaction code P = Purchase). There is no indication in the filing of option exercises, awards, gifts, or tax‑withholding sales tied to these purchases.
• The mix of currencies is noted in the filing: lower‑priced trades reported in A$ (Australian dollars) and higher‑priced trades in US$ (U.S. dollars). The filing does not state motivations; retail investors often view meaningful purchases by large shareholders as a potentially bullish signal, but this is not proof of future performance.