Research Alliance Holdings IV LLC 4

What Happened

• Research Alliance Holdings IV LLC, a reported 10% owner of Research Alliance Corp IV (RACD), acquired 275,000 shares on 2026-07-14. The shares were reported at $10.00 per share for a total value of $2,750,000. The transaction is coded "A" (grant/award/other acquisition), i.e., an acquisition of shares rather than a sale.

Key Details

• Transaction date: 2026-07-14
• Price and size: 275,000 shares at $10.00 per share — total $2,750,000
• Filing date: Form 4 filed 2026-07-16 (two days after the transaction)
• Shares owned after transaction: Not specified in the provided filing
• Reporting person: Research Alliance Holdings IV LLC (listed as a 10% owner)
• Remark: Matthew Hammond is the sole director of the reporting entity and serves on RACD’s board of directors
• Transaction code: A = Award/Grant/Other acquisition

Context

• Code "A" indicates an award, grant or other form of acquisition; the Form 4 does not explain the reason (e.g., issuance, conversion, compensation). Because the reporting person is a 10% owner entity rather than an individual employee, this reflects institutional/affiliate activity tied to that entity. Investors should review the company’s press releases and other SEC filings for more context on why the shares were issued.