Form 4: Neumora Therapeutics Executive Transfers Shares to Family Trust
SEC Form 4 Filing
Daljit Singh Aurora, Chief Strategy Officer of Neumora Therapeutics, transferred 114,703 shares of common stock to the Aurora Family Trust on April 22, 2024.
Summary
- On April 22, 2024, Daljit Singh Aurora, the Chief Strategy Officer of Neumora Therapeutics, transferred 114,703 shares of common stock to the Aurora Family Trust.
- The transfer was made for no consideration.
- Members of Mr. Aurora's immediate family are the sole beneficiaries of the Aurora Family Trust.
- Following the transaction, Mr. Aurora directly owns 97,500 shares of Neumora Therapeutics common stock.
- The Aurora Family Trust indirectly holds 114,703 shares.
Sentiment
Score: 5
Explanation: Neutral. This is a standard regulatory filing related to an internal transfer of shares and doesn't inherently indicate positive or negative sentiment regarding the company's performance.
Industry Context
This is a routine disclosure of insider transactions and doesn't necessarily reflect a change in the company's outlook or performance. It is common for executives to manage their personal holdings for estate planning or tax purposes.
Related Party Transactions
- The transfer of shares to the Aurora Family Trust, of which members of the Reporting Person's immediate family are the sole beneficiaries, constitutes a related party transaction.
Stakeholder Impact
- This transaction is unlikely to have a significant impact on stakeholders as it is a transfer of shares for estate planning purposes and does not involve a sale to the public market.
Key Dates
| Date | Description |
|---|---|
| 04/22/2024 | Date of the share transfer to Aurora Family Trust |
| 04/24/2024 | Date of signature on the Form 4 filing |
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