Form 4: Korro Bio Director Sells Shares
Insider Transaction (Form 4)
Jean Francois Formela, a Director of Korro Bio, Inc., sold 28,468 shares of common stock on August 19, 2026 for $14.00 per share.
Summary
- Open-market sale: disposed of 23,584 Common Stock at $14.00 ($330,176) on August 19, 2026; holds 681,197 after (Indirect).
- Open-market sale: disposed of 4,884 Common Stock at $14.00 ($68,376) on August 19, 2026; holds 141,053 after (Indirect).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $398,552 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 |
|---|---|---|---|---|---|---|
| 2026-08-19 | Open-market sale | Common Stock | 23,584 | $14 | $330.2K | 681,197 |
| 2026-08-19 | Open-market sale | Common Stock | 4,884 | $14 | $68.4K | 141,053 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-19 | Open-market sale (23,584 shares) |
| 2026-08-19 | Open-market sale (4,884 shares) |
Keywords
insider transaction, Form 4, KRRO, Korro Bio, Inc., bearish, Jean Francois Formela
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