Form 4: 89bio Executive Quoc Le-Nguyen Reports Stock Transactions
SEC Form 4
Quoc Le-Nguyen, Chief Technical Operations Officer of 89bio, Inc., reports transactions involving common stock and stock options.
Summary
- On December 12, 2024, Quoc Le-Nguyen acquired 6,000 shares of common stock indirectly through a spouse.
- On February 1, 2025, 8,750 shares of common stock were acquired indirectly through a spouse at a price of $9.6 per share.
- On February 17, 2025, 1,050 shares were disposed of at $10.57 per share to cover tax obligations.
- As of the latest report, Quoc Le-Nguyen directly owns 343,652 shares of common stock.
- Additionally, stock options to purchase 26,400 and 17,500 shares were acquired indirectly through a spouse on April 2, 2024, and February 1, 2025, respectively.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders are informed about insider transactions, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/02/2024 | Date of earliest transaction reported. |
| 12/12/2024 | Acquisition of 6,000 common stock shares. |
| 02/01/2025 | Acquisition of 8,750 common stock shares at $9.6. |
| 02/17/2025 | Disposition of 1,050 common stock shares at $10.57 for tax obligations. |
| 02/19/2025 | Date of the report filing. |
| 04/02/2034 | Expiration date for stock options to purchase 26,400 shares. |
| 02/01/2035 | Expiration date for stock options to purchase 17,500 shares. |
Keywords
Form 4, 89bio, ETNB, Stock Options, Common Stock, Beneficial Ownership, Insider Trading, Le-Nguyen Quoc
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