Form 4: Neumora Therapeutics Director Transfers Shares to Family Trusts
SEC Form 4
Paul L. Berns, a director at Neumora Therapeutics, transferred shares of common stock to family trusts on December 27, 2024.
Summary
- On December 27, 2024, Paul L. Berns, a director of Neumora Therapeutics, Inc., transferred 133,097 shares of common stock to each of three family trusts: LULU TRUST OF 2024 FBO AB, LULU TRUST OF 2024 FBO OB, and LULU TRUST OF 2024 FBO HB.
- The transfers were made for no consideration.
- Members of Mr. Berns' immediate family are the sole beneficiaries of these trusts.
- Following the transactions, Mr. Berns directly owns 7,685,069 shares and indirectly owns 133,097 shares through each of the three trusts.
Sentiment
Score: 5
Explanation: This Form 4 filing is a neutral event, simply reflecting a transfer of shares for estate planning purposes. It doesn't inherently indicate positive or negative sentiment towards the company.
Industry Context
This is a routine disclosure of insider transactions and doesn't necessarily reflect a change in the company's outlook or performance.
Related Party Transactions
- The transfer of shares to family trusts constitutes a related party transaction.
Stakeholder Impact
- The transfer of shares has minimal impact on stakeholders as it is a personal transaction of a director and does not affect the company's operations or financial position.
Key Dates
| Date | Description |
|---|---|
| 12/27/2024 | Date of the share transfers to family trusts |
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