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Scholar Rock(SRRK.US) 10% Shareholder Sells US$15.76 Million in Common Stock

Moomoo News ·  Nov 28, 2024 05:36

$Scholar Rock (SRRK.US)$ 10% Shareholder Invus Public Equities, L.P. sold 409.43K shares of common stock on Nov 25, 2024 at an average price of $38.4865 for a total value of $15.76 million.

This transaction involves other related parties: Invus Public Equities Advisors, LLC, Siren, L.L.C., Invus Global Management, LLC and DEBBANE RAYMOND.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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