Form 4: Scholar Rock Holding Corp: Chief Scientific Officer Mo Qatanani Reports Stock Transactions
SEC Form 4
Chief Scientific Officer Mo Qatanani reports multiple transactions involving Scholar Rock Holding Corp (SRRK) common stock, including sales to cover tax obligations and exercises of stock options, according to a Form 4 filing.
Summary
- On February 18, 2025, Mo Qatanani, Chief Scientific Officer of Scholar Rock Holding Corp, sold 4,135 shares of common stock at $36.829 per share to cover tax obligations related to vesting restricted stock units.
- On February 19, 2025, Qatanani exercised stock options to acquire 16,818 shares at $4.86, 2,562 shares at $7.62, 11,250 shares at $10, and 17,678 shares at $15.75.
- Also on February 19, 2025, Qatanani sold 39,967 shares at a weighted average price of $37.198, 8,341 shares at a weighted average price of $37.5601, and 20,202 shares at a weighted average price of $37.7437.
- These transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on October 17, 2024.
- Following these transactions, Qatanani directly owns 111,084 shares of common stock and 90,825 RSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, detailing stock transactions by an insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transactions.
Stakeholder Impact
- Shareholders may be interested in the insider's transactions as an indicator of management's confidence in the company.
- The transactions have a minor impact on the overall shareholding structure.
Key Dates
| Date | Description |
|---|---|
| 2022-09-16 | First vesting event for some stock options. |
| 2023-01-05 | First vesting event for some stock options. |
| 2023-02-13 | Date of RSU awards grant. |
| 2023-04-01 | First vesting event for some stock options. |
| 2024-04-01 | First vesting event for some stock options. |
| 2024-10-17 | Date of adoption of Rule 10b5-1 trading plan. |
| 2025-02-15 | Vesting date of restricted stock units. |
| 2025-02-18 | Date of common stock sale to cover tax obligations. |
| 2025-02-19 | Date of stock option exercises and common stock sales. |
| 2032-06-16 | Expiration date for some stock options. |
| 2032-10-10 | Expiration date for some stock options. |
| 2033-02-13 | Expiration date for some stock options. |
| 2034-02-12 | Expiration date for some stock options. |
Keywords
Form 4, insider trading, stock options, Rule 10b5-1, SRRK, Scholar Rock Holding Corp, Mo Qatanani, Chief Scientific Officer, stock sale, RSU
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