SCHEDULE 13G/A: Omid Farokhzad Discloses 7.8% Beneficial Ownership in Seer, Inc. Class A Common Stock

Omid Farokhzad, a significant shareholder, has filed an amended Schedule 13G disclosing a 7.8% beneficial ownership stake in Seer, Inc.'s Class A Common Stock as of December 31, 2024.

Summary

• Omid Farokhzad beneficially owns an aggregate of 4,624,054 shares of Seer, Inc. Class A Common Stock.
• This ownership represents 7.8% of the Class A Common Stock outstanding.
• The beneficial ownership includes 505,901 shares of Class A common stock and 1,438,057 shares of Class B common stock held directly by Omid Farokhzad.
• It also includes 269,549 shares of Class A common stock subject to options exercisable within 60 days of December 31, 2024.
• Additionally, 293,409 shares of Class A common stock are issuable upon vesting of RSUs within 60 days of December 31, 2024.
• The total also accounts for 2,117,138 shares of Class B common stock held by SAF-BND Trust, for which Omid Farokhzad's spouse serves as trustee, though beneficial ownership of these shares is disclaimed by Omid Farokhzad.
• Omid Farokhzad holds sole voting and dispositive power over 2,506,916 shares.
• Shared voting and dispositive power is held over 2,117,138 shares.
• Each share of Class B common stock is convertible into one share of Class A common stock and carries ten votes, while Class A shares have one vote; the reported percentage treats Class B shares as converted to Class A for calculation purposes.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently lead to a positive or negative sentiment regarding the company's performance or prospects.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of a significant shareholder's stake, common in the public markets. It provides transparency regarding ownership structure but does not offer insights into Seer, Inc.'s operational performance or strategic direction within the life sciences or biotechnology industry.

Stakeholder Impact

• Shareholders: Provides transparency regarding the ownership stake of a significant individual, Omid Farokhzad, in Seer, Inc.

Key Dates

Keywords

Seer Inc, Omid Farokhzad, Schedule 13G, Beneficial Ownership, SEC Filing, Class A Common Stock, Class B Common Stock, Shareholder Disclosure, Equity Stake