Form 4: Shattuck Labs Director Tyler Brous Increases Stake in Company

Director Tyler Brous of Shattuck Labs, Inc. [STTK] recently purchased additional shares of common stock, increasing his beneficial ownership.

Summary

• On June 27, 2024, Tyler Brous, a director of Shattuck Labs, acquired 5,416 shares of common stock at a weighted average price of $3.89.
• The prices for these shares ranged from $3.71 to $3.90.
• Following this transaction, Brous directly owns 235,088 shares.
• On June 28, 2024, Tyler Brous acquired 3,000 shares of common stock at a price of $3.9.
• Following this transaction, Brous directly owns 238,088 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction, and while insider buying can be seen as positive, it's not a major event.

Positives

• A director increasing their stake in the company can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

This filing reflects routine trading activity by a company insider and is a common occurrence in the biotech industry.

Stakeholder Impact

• Shareholders may view the director's stock purchase as a positive signal.

Key Dates