Aktis Oncology (AKTS) director Todd Foley reports holdings in Form 3 filing
Rhea-AI Filing Summary
Aktis Oncology director and 10% owner Todd Foley filed a Form 3 detailing his indirect and direct interests in the company’s securities as of January 8, 2026. Investment entities associated with him hold 597,391 shares of Series Seed Redeemable Convertible Preferred Stock, 2,688,270 shares of Series A Redeemable Convertible Preferred Stock, and 716,872 shares of Series B Redeemable Convertible Preferred Stock, each series convertible into common stock on a 3.8044‑for‑1 basis upon the closing of the company’s initial public offering. Foley disclaims beneficial ownership of these preferred shares except to the extent of his pecuniary interest. He also directly holds a stock option for 37,866 shares of common stock at an exercise price of $18 per share, vesting in equal monthly installments over 36 months starting January 8, 2026, conditioned on continued service.
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FAQ
What does the Todd Foley Form 3 filing for AKTS disclose?
The Form 3 shows that Todd Foley, a director and 10% owner of Aktis Oncology, Inc. (AKTS), has indirect interests in several series of preferred stock and a direct stock option for 37,866 shares of common stock at an exercise price of $18 per share.
How many preferred shares linked to Todd Foley are reported in the AKTS Form 3?
Entities associated with Todd Foley hold 597,391 Series Seed, 2,688,270 Series A, and 716,872 Series B Redeemable Convertible Preferred shares of Aktis Oncology, as disclosed in the filing.
How are the Aktis Oncology preferred shares convertible according to the Form 3?
Each share of Series Seed, Series A, and Series B Redeemable Convertible Preferred Stock is convertible into common stock of Aktis Oncology on a 3.8044‑for‑1 basis, with conversion occurring upon the closing of the company’s initial public offering.
What does the Form 3 say about Todd Foley’s beneficial ownership of AKTS preferred shares?
The filing states that Todd Foley disclaims beneficial ownership of the preferred securities except to the extent of his pecuniary interest, while the shares are held by investment entities such as MPM BioVentures 2018, L.P. and related funds.
What are the key terms of Todd Foley’s stock option in Aktis Oncology?
The Form 3 reports a stock option for 37,866 shares of Aktis Oncology common stock with an exercise price of $18 per share. One‑thirty‑sixth of the option vests in monthly installments from January 8, 2026, subject to his continuous service through each vesting date.
Who actually holds the preferred shares reported in the AKTS Form 3 for Todd Foley?
The preferred shares are held by entities including MPM BioVentures 2018, L.P., MPM BioVentures 2018 (B), L.P., and MPM Asset Management Investors BV2018 LLC. The filing notes that Foley is a managing director of MPM BioVentures 2018 LLC and that these entities are the direct or indirect holders.