Form 4: Enliven Therapeutics CFO Benjamin Hohl Reports Stock Option Exercises and Sales
SEC Form 4 Filing
Benjamin Hohl, CFO of Enliven Therapeutics, executed stock option exercises and sales on December 27 and December 30, 2024, according to a Form 4 filing.
Summary
- Benjamin Hohl, the CFO of Enliven Therapeutics, Inc., reported changes in beneficial ownership of the company's stock.
- On December 27, 2024, Hohl exercised options to acquire 3,350 shares of common stock at a price of $2.48 per share and then sold those shares at a weighted average price of $22.1549.
- On December 30, 2024, Hohl exercised options to acquire 900 shares of common stock at a price of $2.48 per share and then sold those shares at a weighted average price of $22.5061.
- These transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 26, 2023.
- Following these transactions, Hohl directly owns 164,306 derivative securities.
Sentiment
Score: 5
Explanation: This is a routine disclosure of insider trading activity. The sentiment is neutral as it doesn't inherently indicate positive or negative news about the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like the CFO, trade their company's stock. These filings provide transparency to the market.
Stakeholder Impact
- Shareholders are informed about insider trading activities, providing transparency into management's actions.
Key Dates
| Date | Description |
|---|---|
| June 26, 2023 | Date the Reporting Person adopted a Rule 10b5-1 trading plan. |
| August 2, 2022 | Date when one-fourth of the option shares vested. |
| December 27, 2024 | Date of stock option exercise and sale. |
| December 30, 2024 | Date of stock option exercise and sale. |
| August 2, 2031 | Expiration date of the stock options. |
| December 31, 2024 | Date of signature. |
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