Form 4: Senti Biosciences Executive Acquires Shares Through Conversion
SEC Form 4 Filing
Kanya Rajangam, a top executive at Senti Biosciences, acquired 33,000 shares of common stock through the conversion of Series A Convertible Preferred Stock.
Summary
- Kanya Rajangam, President & Chief Medical & Development Officer of Senti Biosciences, filed a Form 4 on March 11, 2025, reporting a transaction that occurred on March 10, 2025.
- Rajangam acquired 33,000 shares of common stock through the conversion of Series A Convertible Preferred Stock at a price of $2.25 per share.
- Following the transaction, Rajangam directly owns 86,984 shares of common stock.
- Rajangam also indirectly owns 33,000 shares of common stock and Series A Convertible Preferred Stock through the Iyer Family Revocable Trust dated August 26, 2012.
- Rajangam disclaims beneficial ownership of these securities except to the extent of her pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction could have a minor impact on shareholders, as it increases the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| Aug 26 2012 | Date of the Iyer Family Revocable Trust |
| 03/10/2025 | Date of the transaction: conversion of Series A Convertible Preferred Stock to Common Stock |
| 03/11/2025 | Date of Form 4 filing |
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