Form 4: Third Harmonic Bio Director's Final Share Report

Third Harmonic Bio, Inc. Director Mark T. Iwicki reports the cancellation of shares and stock options due to the company's dissolution, receiving a $5.35 per share liquidation distribution.

Summary

• Mark T. Iwicki, a Director of Third Harmonic Bio, Inc. (THRD), reported the cancellation of his beneficial ownership.
• The transaction occurred on August 11, 2025, and involved the cancellation of 128,631 shares of Common Stock.
• Additionally, 83,296 stock options were cancelled.
• These cancellations were in connection with the dissolution of Third Harmonic Bio, Inc.
• The reporting person received a liquidation distribution of $5.35 per share of Common Stock from the Issuer.
• The liquidation distribution for stock options was $5.35 per share less the exercise price of such options.

Sentiment

Score: 1

Explanation: The company is dissolving, leading to the cancellation of all shares and options, which is a highly negative event for the company's continuity and future prospects.

Positives

• Shareholders received a liquidation distribution of $5.35 per share of Common Stock.

Negatives

• Third Harmonic Bio, Inc. is undergoing dissolution, ceasing its operations.
• All common stock and stock options held by the reporting person were cancelled as part of the dissolution process.

Risks

• The company's dissolution means it will cease to exist as an operating entity, eliminating future investment opportunities.

Future Outlook

The company is undergoing dissolution, indicating no future operational outlook or business continuity.

Management Comments

• The filing indicates the dissolution of Third Harmonic Bio, Inc., leading to the cancellation of equity securities and distribution of liquidation proceeds.

Industry Context

This filing reports a company-specific event of dissolution, which is not directly tied to broader industry trends within the scope of this document.

Comparison to Industry Standards

• NA

Stakeholder Impact

• Shareholders received a liquidation distribution, but the company's dissolution means the cessation of its business operations and the end of their equity investment.
• Employees are likely impacted by job loss due to the company's dissolution.

Next Steps

• Completion of the Issuer's dissolution process and finalization of liquidation distributions.

Key Dates

Keywords

Third Harmonic Bio, THRD, SEC Form 4, Dissolution, Liquidation, Common Stock, Stock Options, Beneficial Ownership, Director, Corporate Action