Form 4: Korro Bio Director Sells Shares
Insider Transaction (Form 4)
Jean Francois Formela, a Director of Korro Bio, Inc., sold 2,143 shares of common stock on August 11, 2026 for $13.96 per share.
Summary
- Open-market sale: disposed of 1,775 Common Stock at $13.96 ($24,779) on August 11, 2026; holds 704,781 after (Indirect).
- Open-market sale: disposed of 368 Common Stock at $13.96 ($5,137) on August 11, 2026; holds 145,937 after (Indirect).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $29,916 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Jean Francois Formela — Director
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-11 | Open-market sale | Common Stock | 1,775 | $14 | $24.8K | 704,781 |
| 2026-08-11 | Open-market sale | Common Stock | 368 | $14 | $5.1K | 145,937 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-11 | Open-market sale (1,775 shares) |
| 2026-08-11 | Open-market sale (368 shares) |
Keywords
insider transaction, Form 4, KRRO, Korro Bio, Inc., bearish, Jean Francois Formela
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