Form 4: Septerna COO Sells Shares
Insider Transaction (Form 4)
Elizabeth Bhatt, President and COO of Septerna, Inc., sold 4,000 shares of common stock on July 15, 2026 for $33.99 per share.
Summary
- Option exercise/conversion: acquired 4,000 Common Stock at $6.81 ($27,240) on July 15, 2026; holds 178,209 after (Direct).
- Open-market sale: disposed of 4,000 Common Stock at $33.99 ($135,974) on July 15, 2026; holds 174,209 after (Direct).
- Option exercise/conversion: disposed of 4,000 Stock Option (Right to Buy) on July 15, 2026; holds 80,911 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $135,974 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Elizabeth Bhatt — Officer (President and COO)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-15 | Option exercise/conversion | Common Stock | 4,000 | $7 | $27.2K | 178,209 |
| 2026-07-15 | Open-market sale | Common Stock | 4,000 | $34 | $136.0K | 174,209 |
| 2026-07-15 | Option exercise/conversion | Stock Option (Right to Buy) | 4,000 | — | — | 80,911 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-15 | Option exercise/conversion (4,000 shares) |
| 2026-07-15 | Open-market sale (4,000 shares) |
| 2026-07-15 | Option exercise/conversion (4,000 shares) |
Keywords
insider transaction, Form 4, SEPN, Septerna, Inc., bearish, Elizabeth Bhatt
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