Form 4: Amir Nashat of Scholar Rock Holding Corp Reports Changes in Beneficial Ownership

Amir Nashat, a director of Scholar Rock Holding Corp, reports changes in beneficial ownership of common stock due to distributions and changes in the form of ownership, not purchases or sales.

Summary

• On May 9, 2024, Amir Nashat, a director of Scholar Rock Holding Corp, filed a Form 4 detailing changes in his beneficial ownership of the company's common stock.
• These changes primarily involve distributions and changes in the form of ownership, rather than actual purchases or sales.
• Polaris Venture Partners VI, L.P. (PVP VI) distributed 472,394 shares of common stock to its partners.
• PVM VI received 98,257 shares in an in-kind distribution from PVP VI.
• PVM VI distributed 98,257 shares to its members.
• Amir Nashat received 13,096 shares as a result of an in-kind distribution from PVM VI.
• Polaris Venture Partners Founders' Fund VI, L.P. (PVPFF VI) distributed 27,606 shares to its partners.
• Amir Nashat received 322 shares as a result of an in-kind distribution from PVPFF VI.
• PVM VI received 276 shares as a result of an in-kind distribution from PVPFF VI.
• Amir Nashat's direct holdings changed due to these distributions and changes in ownership form.
• Indirect holdings are managed through various entities like PVP VI, PVM VI, and PVPFF VI, with disclaimers of beneficial ownership except to the extent of pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing changes in stock ownership due to distributions, not indicative of positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The changes in beneficial ownership may be of interest to shareholders, but the distributions themselves do not directly impact the company's operations or financial performance.

Key Dates