Form 4: Kristina Burow Reports Changes in Beneficial Ownership of Boundless Bio, Inc. (BOLD) Stock
SEC Form 4 Filing
Kristina Burow, a director and 10% owner of Boundless Bio, Inc., reports changes in her beneficial ownership of the company's stock following the company's initial public offering.
Summary
- Kristina Burow, a director and 10% owner of Boundless Bio, Inc. (BOLD), filed a Form 4 with the SEC detailing changes in her beneficial ownership of the company's stock on April 2, 2024.
- The changes involve the conversion of preferred stock into common stock and purchases of common stock in the company's initial public offering.
- Burow's reported transactions include the conversion of Series A, B, and C convertible preferred stock into common stock.
- She also reports purchases of common stock at a price of $16 per share.
- The reported ownership is indirect, held through various ARCH Venture Funds.
- Burow disclaims beneficial ownership of the shares except to the extent of her pecuniary interest therein.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which is neutral in sentiment.
Industry Context
Form 4 filings are standard practice for insiders of publicly traded companies to report changes in their ownership positions, providing transparency to investors.
Stakeholder Impact
- Shareholders are informed about changes in ownership by a major shareholder.
- The filing provides transparency regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 04/02/2024 | Date of earliest transaction: conversion of preferred stock to common stock and purchase of common stock. |
| 04/04/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.