Form 4: Enliven Therapeutics CEO Samuel Kintz Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Enliven Therapeutics' CEO, Samuel Kintz, sold 12,500 shares of common stock at an average price of $20.8256, according to a Form 4 filing with the SEC.
Summary
- On March 17, 2025, Samuel Kintz, the President and CEO of Enliven Therapeutics, sold 12,500 shares of common stock.
- The sale was executed at a weighted average price of $20.8256 per share, with individual transactions ranging from $20.09 to $21.04.
- The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on November 15, 2024.
- Following the transaction, Kintz directly owns no shares, but indirectly owns 990,392 shares through The Kintz & Egan Trust Dated March 30, 2019, for which he serves as trustee.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider stock sale under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider trading activity. It's common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information.
Stakeholder Impact
- The stock sale could have a minor negative impact on shareholder sentiment, but the existence of a 10b5-1 plan mitigates concerns about insider information being used.
Key Dates
| Date | Description |
|---|---|
| March 30, 2019 | Date of The Kintz & Egan Trust |
| November 15, 2024 | Date of adoption of Rule 10b5-1 trading plan |
| March 17, 2025 | Date of stock sale |
| March 19, 2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Enliven Therapeutics, Samuel Kintz, ELVN, stock sale, Rule 10b5-1 plan, insider trading
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