Form 4: Third Harmonic Bio Executive Jennifer Dittman Reports Stock Transactions
SEC Filing
Jennifer Dittman, Chief Development Operations Officer at Third Harmonic Bio, reports the acquisition and disposal of company stock and stock options.
Summary
- Jennifer Dittman, Chief Development Operations Officer of Third Harmonic Bio, filed a Form 4 detailing changes in beneficial ownership.
- On June 7, 2024, Dittman acquired 494 shares of common stock through the exercise of an employee stock option at a price of $4.2.
- On the same day, Dittman sold 494 shares of common stock at a price of $14.17.
- These transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 27, 2024.
- Following these transactions, Dittman directly owns 0 shares of common stock and 16,294 employee stock options.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor potential insider sentiment and activity.
Stakeholder Impact
- Shareholders can use this information to understand insider trading activity and potential sentiment regarding the company's stock.
Key Dates
| Date | Description |
|---|---|
| April 6, 2023 | Initial vesting date of employee stock options (1/48th of total shares). |
| March 27, 2024 | Date of adoption of Rule 10b5-1 trading plan. |
| June 7, 2024 | Date of stock option exercise and sale of shares. |
| June 10, 2024 | Date of signature on the Form 4 filing. |
| March 5, 2033 | Expiration date of employee stock options. |
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