Fund tied to Actuate Therapeutics (ACTU) sells 280K shares in Form 4
Rhea-AI Filing Summary
Actuate Therapeutics insider-related entities reported a significant share sale. On 01/05/2026, Kairos Venture Partners II, L.P., an entity associated with director and 10% owner Todd Thomson, sold 280,000 shares of Actuate Therapeutics, Inc. common stock at $5.80 per share. After this sale, Kairos Venture Partners II, L.P. indirectly held 904,795 shares. Other Kairos-managed entities reported indirect holdings of 873,033 shares by Kairos Venture Opportunities I, L.P., 321,781 shares by Kairos SPV Fund, LLC, and 254,735 shares by Kairos-Actuate SPV, L.P. The filing explains that these Kairos funds are managed and controlled by Kairos Venture Investments, LLC, and that Todd Thomson and James Demetriades may be deemed indirect beneficial owners only to the extent of their pecuniary interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 280,000 | $5.80 | $1.62M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The securities of Actuate Therapeutics, Inc. ("Actuate") that are reported herein are held directly by Kairos-Actuate SPV, L.P., Kairos Venture Partners II, L.P., Kairos Venture Opportunities I, L.P., and Kairos SPV Fund, LLC (collectively, the "Kairos Funds"). The Kairos Funds are managed and controlled by Kairos Venture Investments, LLC ("KVI"), subject to the Limited Partnership Agreements in place for each Kairos Fund. Todd Thomson serves as Chief Financial Officer/Chief Operating Officer of KVI and is a director on the board of directors of Actuate. James Demetriades is the Chief Executive Officer of KVI. Each of KVI, Mr. Thomson and Mr. Demetriades may be deemed to indirectly beneficially own the securities of Actuate held directly by the Kairos Funds. Each of KVI, Mr. Thomson and Mr. Demetriades disclaims beneficial ownership of the securities of Actuate held directly by the Kairos Funds except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that any of KVI, Mr. Thomson or Mr. Demetriades is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
FAQ
What insider transaction did ACTU report in this Form 4?
The Form 4 reports that Kairos Venture Partners II, L.P. sold 280,000 shares of Actuate Therapeutics, Inc. common stock on 01/05/2026 at $5.80 per share.
Who is associated with the selling entity in the ACTU Form 4 filing?
The selling entity, Kairos Venture Partners II, L.P., is managed by Kairos Venture Investments, LLC, where Todd Thomson serves as CFO/COO and is a director of Actuate Therapeutics, Inc.
What is the relationship of the reporting persons to Actuate Therapeutics (ACTU)?
The reporting persons are identified as directors and 10% owners of Actuate Therapeutics, Inc., with certain entities deemed directors by deputization due to their relationship with Todd Thomson.