Form 4: ProKidney Corp. Executive Todd Girolamo Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Todd Girolamo, Chief Legal Officer of ProKidney Corp., reports the acquisition and disposition of Class A Ordinary Shares, Class B Ordinary Shares, and Common Units in ProKidney LP on July 31, 2024.
Summary
- On July 31, 2024, Todd Girolamo, the Chief Legal Officer of ProKidney Corp., engaged in transactions involving the company's securities.
- Girolamo acquired 81,928 Class A Ordinary Shares at $0 and disposed of 81,928 shares.
- Following these transactions, Girolamo beneficially owns 163,856 Class A Ordinary Shares.
- Girolamo also acquired 81,928 Class B Ordinary Shares and 81,928 Common Units in ProKidney LP, both at $0.
- These Class B Ordinary Shares and Common Units are paired securities that can be exchanged for Class A Ordinary Shares on a one-for-one basis, subject to certain limitations.
- The transactions were made pursuant to the terms of the Business Combination Agreement between ProKidney LP and Social Capital Suvretta Holdings Corp. III, now ProKidney Corp.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to the market regarding the transactions of company executives.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 01/18/2022 | Date of the Business Combination Agreement between ProKidney LP and Social Capital Suvretta Holdings Corp. III. |
| 07/31/2024 | Date of the reported transactions involving Class A Ordinary Shares, Class B Ordinary Shares, and Common Units. |
| 08/02/2024 | Date of signature of the report by Todd Girolamo. |
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