GC Corp (ARTV insider) adds 1.43M Artiva shares in open‑market buys
Rhea-AI Filing Summary
GC Corp. and subsidiary GC Cell Corporation, both 10% owners of Artiva Biotherapeutics, Inc., bought a combined 1,432,291 shares of Artiva common stock in open‑market transactions. The purchases were made on May 11, 2026 at $11.52 per share.
After these transactions, GC Cell Corporation held 1,607,734 Artiva shares indirectly and GC Corp. held 4,391,969 shares directly. Footnotes explain that GC Corp. is a Korean holding company ultimately controlled by its board, whose members may be deemed to share voting and investment power but each disclaims beneficial ownership except for any pecuniary interest.
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Insights
Large 10% owner increases Artiva stake via open‑market purchases.
Entities affiliated with GC Corp., a 10% shareholder of Artiva Biotherapeutics, Inc., executed two open‑market purchases totaling 1,432,291 shares at $11.52 per share on May 11, 2026. These are straightforward common‑stock buys, not derivative exercises or grants.
Post‑transaction, GC Corp. directly owns 4,391,969 shares and its subsidiary GC Cell Corporation holds 1,607,734 shares indirectly. Footnotes clarify that GC Corp.’s board collectively controls these entities and that each director disclaims beneficial ownership beyond any pecuniary interest. No trading plan or hedging structure is mentioned in the excerpt.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,085,069 | $11.52 | $12.50M |
| Purchase | Common Stock | 347,222 | $11.52 | $4.00M |
Footnotes (1)
- GC Corp., a public Korean holdings company, is ultimately controlled by its board of directors. As of March 26, 2026, the board consists of: Mr. Yong-Jun Huh, Huh Il-Sup, Park Yong-Tae, Kang Joonho, and Lee Choonwoo. Each of these individual directors of GC Corp. may be deemed to share voting and investment power over the shares held by GC Corp. and each disclaims beneficial ownership of all shares held by GC Corp., except to the extent of any pecuniary interest therein. The shares are held directly by GC Cell Corporation. GC Corp., a public Korean holdings company, is the parent company of GC Cell Corporation and is ultimately controlled by its board of directors. As of March 26, 2026, the board consists of: Mr. Yong-Jun Huh, Huh Il-Sup, Park Yong-Tae, Kang Joonho, and Lee Choonwoo. Each of these individual directors of GC Corp. may be deemed to share voting and investment power over the shares held by GC Corp. and GC Cell Corporation and each disclaims beneficial ownership of all shares held by such entities, except to the extent of any pecuniary interest therein.