[Form 4] C4 Therapeutics, Inc. Insider Trading Activity

Q: What contingent coupon do BMO Autocallable Barrier Notes pay?

They offer a 0.9917% monthly coupon (≈ 11.90% annual) but only if all three indices close ≥ 70% of their Initial Levels on the Observation Date.

Q: When can the BMO notes be automatically redeemed?

Beginning December 29, 2025, the notes are called if each index closes ≥ 100% of its Initial Level on any Observation Date; investors then receive par plus the due coupon.

Q: How much principal protection do the notes provide?

None. If any index closes below 65% of its Initial Level on any day and finishes below the Initial Level at maturity, principal is reduced 1% for every 1% decline of the worst performer.

Q: Are the notes exchange-listed or easily tradable?

No. They will not be listed; liquidity depends on discretionary, possibly limited, secondary market making by BMOCM.

Q: What is the estimated initial value versus issue price?

BMO estimates an initial value of $987.70 per $1,000, at least $940, reflecting structuring and hedging costs; the issue price to the public is 100% of par.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Bank of Montreal (BMO) is offering Senior Medium-Term Notes, Series K – Autocallable Barrier Notes with Contingent Coupons, due October 2, 2026. The notes are linked to the worst performer among the S&P 500, NASDAQ-100 and Russell 2000 indices (the “Reference Assets”).

Key commercial terms

Issue size: US$[ ] in $1,000 denominations; settlement July 2, 2025; maturity October 2, 2026.
Monthly contingent coupon: 0.9917% (≈ 11.90% p.a.) paid only if the closing level of each Reference Asset on the applicable Observation Date is ≥ 70% of its Initial Level (“Coupon Barrier”).
Automatic early redemption: Beginning December 29, 2025, if all Reference Assets close ≥ 100% of Initial Level on any Observation Date, investors receive principal plus the due coupon and the note terminates.
No principal protection: If not called and a Trigger Event occurs (any Reference Asset closes < 65% of Initial Level on any day through maturity) and the Final Level of the worst performer is below the Initial Level, principal is reduced 1% for every 1% decline in that asset; loss can reach 100%.
Estimated initial value: $987.70 per $1,000 (subject to change, but not below $940); price to public 100%; up to 0.25% selling commission.
Issuer/guarantor credit: Direct, senior, unsecured obligations of Bank of Montreal; payments subject to BMO credit risk; notes are not deposit-insured.
No listing; secondary market, if any, solely through BMO Capital Markets Corp. (BMOCM).

Investor profile: Investors seeking high conditional income, willing to forgo equity upside, accept early redemption, and bear downside risk linked to the weakest of three major U.S. equity indices and to BMO’s credit. The structure embeds significant market, credit, liquidity, and tax uncertainties outlined in the extensive risk disclosures.

Bank of Montreal (BMO) offre Senior Medium-Term Notes, Serie K – Note Autocallable con Barriera e Cedole Contingenti, con scadenza il 2 ottobre 2026. Le note sono collegate al peggior rendimento tra gli indici S&P 500, NASDAQ-100 e Russell 2000 (gli “Asset di Riferimento”).

Termini commerciali principali

Taglio dell’emissione: US$[ ] in tagli da 1.000$; regolamento il 2 luglio 2025; scadenza 2 ottobre 2026.
Cedola contingente mensile: 0,9917% (circa 11,90% annuo) pagata solo se il livello di chiusura di ciascun Asset di Riferimento nella Data di Osservazione è ≥ 70% del Livello Iniziale (“Barriera Cedola”).
Rimborso anticipato automatico: a partire dal 29 dicembre 2025, se tutti gli Asset di Riferimento chiudono ≥ 100% del Livello Iniziale in una qualsiasi Data di Osservazione, gli investitori ricevono il capitale più la cedola dovuta e la nota si estingue.
Nessuna protezione del capitale: se non viene richiamata e si verifica un Evento Trigger (qualunque Asset di Riferimento chiuda < 65% del Livello Iniziale in qualsiasi giorno fino alla scadenza) e il Livello Finale del peggior asset è inferiore al Livello Iniziale, il capitale è ridotto dell’1% per ogni 1% di calo di quell’asset; la perdita può arrivare fino al 100%.
Valore iniziale stimato: 987,70$ per 1.000$ (soggetto a variazioni, ma non inferiore a 940$); prezzo al pubblico 100%; commissione di vendita fino allo 0,25%.
Credito emittente/garante: obbligazioni dirette, senior e non garantite di Bank of Montreal; i pagamenti dipendono dal rischio di credito BMO; le note non sono coperte da assicurazione sui depositi.
Non quotate; mercato secondario, se presente, disponibile solo tramite BMO Capital Markets Corp. (BMOCM).

Profilo dell’investitore: Investitori che cercano un reddito condizionato elevato, disposti a rinunciare al rialzo azionario, accettare il rimborso anticipato e sostenere il rischio di ribasso legato al peggior andamento di tre importanti indici azionari USA e al rischio di credito di BMO. La struttura incorpora significative incertezze di mercato, credito, liquidità e fiscali descritte nelle ampie informazioni sui rischi.

Bank of Montreal (BMO) ofrece Senior Medium-Term Notes, Serie K – Notas Barrera Autollamables con Cupones Contingentes, con vencimiento el 2 de octubre de 2026. Las notas están vinculadas al peor desempeño entre los índices S&P 500, NASDAQ-100 y Russell 2000 (los “Activos de Referencia”).

Términos comerciales clave

Tamaño de la emisión: US$[ ] en denominaciones de $1,000; liquidación el 2 de julio de 2025; vencimiento 2 de octubre de 2026.
Cupones contingentes mensuales: 0.9917% (≈ 11.90% anual) pagados solo si el nivel de cierre de cada Activo de Referencia en la Fecha de Observación correspondiente es ≥ 70% de su Nivel Inicial (“Barrera del Cupón”).
Redención anticipada automática: desde el 29 de diciembre de 2025, si todos los Activos de Referencia cierran ≥ 100% del Nivel Inicial en cualquier Fecha de Observación, los inversionistas reciben el capital más el cupón adeudado y la nota termina.
Sin protección del capital: si no es llamado y ocurre un Evento Disparador (cualquier Activo de Referencia cierra < 65% del Nivel Inicial en cualquier día hasta el vencimiento) y el Nivel Final del peor desempeño está por debajo del Nivel Inicial, el capital se reduce 1% por cada 1% de caída de ese activo; la pérdida puede llegar al 100%.
Valor inicial estimado: $987.70 por $1,000 (sujeto a cambios, pero no por debajo de $940); precio al público 100%; comisión de venta hasta 0.25%.
Crédito del emisor/garante: obligaciones directas, senior y no garantizadas de Bank of Montreal; los pagos están sujetos al riesgo crediticio de BMO; las notas no están aseguradas por depósitos.
No cotizan; mercado secundario, si existe, exclusivamente a través de BMO Capital Markets Corp. (BMOCM).

Perfil del inversor: Inversores que buscan altos ingresos condicionados, dispuestos a renunciar a la apreciación del capital, aceptar redención anticipada y asumir el riesgo a la baja vinculado al peor desempeño de tres importantes índices bursátiles estadounidenses y al crédito de BMO. La estructura incorpora incertidumbres significativas de mercado, crédito, liquidez y fiscales descritas en las extensas divulgaciones de riesgos.

La Banque de Montréal (BMO) propose des Senior Medium-Term Notes, Série K – Notes à barrière autocallables avec coupons conditionnels, échéance le 2 octobre 2026. Les notes sont liées à la performance la plus faible parmi les indices S&P 500, NASDAQ-100 et Russell 2000 (les « Actifs de Référence »).

Principaux termes commerciaux

Taille de l’émission : US$[ ] en coupures de 1 000 $ ; règlement le 2 juillet 2025 ; échéance le 2 octobre 2026.
Coupon conditionnel mensuel : 0,9917 % (≈ 11,90 % par an) versé uniquement si le niveau de clôture de chaque Actif de Référence à la date d’observation concernée est ≥ 70 % de son niveau initial (« Barrière du Coupon »).
Remboursement anticipé automatique : à partir du 29 décembre 2025, si tous les Actifs de Référence clôturent ≥ 100 % du niveau initial à une date d’observation, les investisseurs reçoivent le capital plus le coupon dû et la note prend fin.
Pas de protection du capital : si la note n’est pas rappelée et qu’un événement déclencheur survient (un Actif de Référence clôture < 65 % du niveau initial à n’importe quel jour jusqu’à l’échéance) et que le niveau final du moins performant est inférieur au niveau initial, le capital est réduit de 1 % pour chaque baisse de 1 % de cet actif ; la perte peut atteindre 100 %.
Valeur initiale estimée : 987,70 $ pour 1 000 $ (susceptible de changer, mais pas en dessous de 940 $) ; prix au public 100 % ; commission de vente jusqu’à 0,25 %.
Crédit émetteur/garant : obligations directes, senior et non garanties de la Banque de Montréal ; paiements soumis au risque de crédit de BMO ; les notes ne sont pas assurées par un système de garantie des dépôts.
Non cotées ; marché secondaire, le cas échéant, uniquement via BMO Capital Markets Corp. (BMOCM).

Profil investisseur : investisseurs recherchant un revenu conditionnel élevé, prêts à renoncer à l’appréciation des actions, acceptant un remboursement anticipé et supportant le risque à la baisse lié à la plus faible performance de trois principaux indices boursiers américains ainsi qu’au risque de crédit de BMO. La structure intègre d’importantes incertitudes de marché, de crédit, de liquidité et fiscales détaillées dans les larges divulgations des risques.

Die Bank of Montreal (BMO) bietet Senior Medium-Term Notes, Serie K – Autocallable Barrier Notes mit bedingten Coupons, Fälligkeit am 2. Oktober 2026. Die Notes sind an die schlechteste Performance der Indizes S&P 500, NASDAQ-100 und Russell 2000 (die „Referenzwerte“) gekoppelt.

Wesentliche kommerzielle Bedingungen

Emissionsvolumen: US$[ ] in Stückelungen von 1.000 $; Abwicklung am 2. Juli 2025; Fälligkeit am 2. Oktober 2026.
Monatlicher bedingter Coupon: 0,9917 % (ca. 11,90 % p.a.), zahlbar nur, wenn der Schlusskurs jedes Referenzwerts am jeweiligen Beobachtungstag ≥ 70 % des Anfangsniveaus („Coupon-Barriere“) beträgt.
Automatische vorzeitige Rückzahlung: Ab dem 29. Dezember 2025 erhalten Anleger, wenn alle Referenzwerte an einem Beobachtungstag ≥ 100 % des Anfangsniveaus schließen, den Kapitalbetrag zuzüglich des fälligen Coupons, und die Note endet.
Keine Kapitalschutz: Wenn die Note nicht vorzeitig zurückgezahlt wird und ein Auslöseereignis eintritt (ein Referenzwert schließt an irgend einem Tag bis zur Fälligkeit unter 65 % des Anfangsniveaus) und das Endniveau des schlechtesten Performers unter dem Anfangsniveau liegt, wird das Kapital um 1 % für jeden 1 % Rückgang dieses Vermögenswerts reduziert; der Verlust kann bis zu 100 % betragen.
Geschätzter Anfangswert: 987,70 $ pro 1.000 $ (änderbar, aber nicht unter 940 $); Preis für die Öffentlichkeit 100 %; Verkaufsprovision bis zu 0,25 %.
Emittenten-/Garantenkredit: Direkte, vorrangige, unbesicherte Verbindlichkeiten der Bank of Montreal; Zahlungen unterliegen dem Kreditrisiko von BMO; die Notes sind nicht durch Einlagensicherung geschützt.
Keine Börsennotierung; Sekundärmarkt, falls vorhanden, ausschließlich über BMO Capital Markets Corp. (BMOCM).

Investorprofil: Anleger, die ein hohes bedingtes Einkommen suchen, bereit sind, auf Aktiensteigerungen zu verzichten, eine vorzeitige Rückzahlung akzeptieren und das Abwärtsrisiko im Zusammenhang mit dem schwächsten von drei großen US-Aktienindizes sowie dem Kreditrisiko von BMO tragen. Die Struktur beinhaltet erhebliche Markt-, Kredit-, Liquiditäts- und Steuerunsicherheiten, die in den umfangreichen Risikoangaben erläutert sind.

Positive

High contingent coupon of approximately 11.90% p.a. offers enhanced current income compared with traditional bonds.
Automatic call feature can return capital early with coupon if indices perform well, limiting duration risk.
Diversification across three major indices may reduce probability of simultaneous severe under-performance versus single-asset structures.
Low selling commission (up to 0.25%) minimises front-end load for investors.

Negative

No principal protection; 1:1 downside exposure below 65% trigger could lead to total loss.
Path-dependent trigger: a single sub-65% close on any trading day activates loss mechanics even if indices recover later.
Worst-of design ties payments to the least performing index, increasing coupon suspension and loss risk.
Issuer credit risk: payments rely solely on Bank of Montreal’s solvency.
Illiquidity: notes unlisted; secondary market, if any, through BMOCM at uncertain prices.
Estimated initial value < issue price reveals built-in fees/hedging costs.
Tax treatment uncertain; potential for adverse U.S. tax outcomes.

Insights

TL;DR: High 11.9% coupon but contingent; capital is at risk below 65% trigger and no equity upside.

The note offers an above-market coupon that is only paid if all three indices stay above 70% of their respective initial levels. Starting December 2025, automatic calls lock in gains but cap returns. Should any index fall below 65% on any day, principal becomes exposed 1-for-1 to the worst performer, potentially wiping out the investment. The product thus monetises volatility: investors earn conditional income in exchange for taking on gap risk, path dependency and BMO credit exposure. For BMO, funding costs are attractive (initial value ~98.8% of par versus 100% issue price). Net impact on BMO is modest; for buyers, risk/return is highly asymmetric.

TL;DR: Multiple risk layers—market, barrier breach, credit and liquidity—make loss probability material.

Principal loss can be triggered by intra-period breach; recovery is limited by worst-of structure. Volatility spikes in small-cap (RTY) and tech-heavy (NDX) indices heighten trigger risk. Lack of exchange listing and BMOCM’s discretionary secondary market support translate to potential pricing gaps and high bid-ask spreads. Estimated value below issue price embeds ~1.2% distribution/hedging costs. Credit spreads on BMO senior debt will directly affect secondary pricing. Tax treatment remains uncertain, with possibility of current income accrual under future IRS guidance. Overall, the deal is complex and suitable only for sophisticated investors comfortable with contingent pay-offs.

Termini commerciali principali

Taglio dell’emissione: US$[ ] in tagli da 1.000$; regolamento il 2 luglio 2025; scadenza 2 ottobre 2026.
Cedola contingente mensile: 0,9917% (circa 11,90% annuo) pagata solo se il livello di chiusura di ciascun Asset di Riferimento nella Data di Osservazione è ≥ 70% del Livello Iniziale (“Barriera Cedola”).
Rimborso anticipato automatico: a partire dal 29 dicembre 2025, se tutti gli Asset di Riferimento chiudono ≥ 100% del Livello Iniziale in una qualsiasi Data di Osservazione, gli investitori ricevono il capitale più la cedola dovuta e la nota si estingue.
Nessuna protezione del capitale: se non viene richiamata e si verifica un Evento Trigger (qualunque Asset di Riferimento chiuda < 65% del Livello Iniziale in qualsiasi giorno fino alla scadenza) e il Livello Finale del peggior asset è inferiore al Livello Iniziale, il capitale è ridotto dell’1% per ogni 1% di calo di quell’asset; la perdita può arrivare fino al 100%.
Valore iniziale stimato: 987,70$ per 1.000$ (soggetto a variazioni, ma non inferiore a 940$); prezzo al pubblico 100%; commissione di vendita fino allo 0,25%.
Credito emittente/garante: obbligazioni dirette, senior e non garantite di Bank of Montreal; i pagamenti dipendono dal rischio di credito BMO; le note non sono coperte da assicurazione sui depositi.
Non quotate; mercato secondario, se presente, disponibile solo tramite BMO Capital Markets Corp. (BMOCM).

Términos comerciales clave

Tamaño de la emisión: US$[ ] en denominaciones de $1,000; liquidación el 2 de julio de 2025; vencimiento 2 de octubre de 2026.
Cupones contingentes mensuales: 0.9917% (≈ 11.90% anual) pagados solo si el nivel de cierre de cada Activo de Referencia en la Fecha de Observación correspondiente es ≥ 70% de su Nivel Inicial (“Barrera del Cupón”).
Redención anticipada automática: desde el 29 de diciembre de 2025, si todos los Activos de Referencia cierran ≥ 100% del Nivel Inicial en cualquier Fecha de Observación, los inversionistas reciben el capital más el cupón adeudado y la nota termina.
Sin protección del capital: si no es llamado y ocurre un Evento Disparador (cualquier Activo de Referencia cierra < 65% del Nivel Inicial en cualquier día hasta el vencimiento) y el Nivel Final del peor desempeño está por debajo del Nivel Inicial, el capital se reduce 1% por cada 1% de caída de ese activo; la pérdida puede llegar al 100%.
Valor inicial estimado: $987.70 por $1,000 (sujeto a cambios, pero no por debajo de $940); precio al público 100%; comisión de venta hasta 0.25%.
Crédito del emisor/garante: obligaciones directas, senior y no garantizadas de Bank of Montreal; los pagos están sujetos al riesgo crediticio de BMO; las notas no están aseguradas por depósitos.
No cotizan; mercado secundario, si existe, exclusivamente a través de BMO Capital Markets Corp. (BMOCM).

Principaux termes commerciaux

Taille de l’émission : US$[ ] en coupures de 1 000 $ ; règlement le 2 juillet 2025 ; échéance le 2 octobre 2026.
Coupon conditionnel mensuel : 0,9917 % (≈ 11,90 % par an) versé uniquement si le niveau de clôture de chaque Actif de Référence à la date d’observation concernée est ≥ 70 % de son niveau initial (« Barrière du Coupon »).
Remboursement anticipé automatique : à partir du 29 décembre 2025, si tous les Actifs de Référence clôturent ≥ 100 % du niveau initial à une date d’observation, les investisseurs reçoivent le capital plus le coupon dû et la note prend fin.
Pas de protection du capital : si la note n’est pas rappelée et qu’un événement déclencheur survient (un Actif de Référence clôture < 65 % du niveau initial à n’importe quel jour jusqu’à l’échéance) et que le niveau final du moins performant est inférieur au niveau initial, le capital est réduit de 1 % pour chaque baisse de 1 % de cet actif ; la perte peut atteindre 100 %.
Valeur initiale estimée : 987,70 $ pour 1 000 $ (susceptible de changer, mais pas en dessous de 940 $) ; prix au public 100 % ; commission de vente jusqu’à 0,25 %.
Crédit émetteur/garant : obligations directes, senior et non garanties de la Banque de Montréal ; paiements soumis au risque de crédit de BMO ; les notes ne sont pas assurées par un système de garantie des dépôts.
Non cotées ; marché secondaire, le cas échéant, uniquement via BMO Capital Markets Corp. (BMOCM).

Wesentliche kommerzielle Bedingungen

Emissionsvolumen: US$[ ] in Stückelungen von 1.000 $; Abwicklung am 2. Juli 2025; Fälligkeit am 2. Oktober 2026.
Monatlicher bedingter Coupon: 0,9917 % (ca. 11,90 % p.a.), zahlbar nur, wenn der Schlusskurs jedes Referenzwerts am jeweiligen Beobachtungstag ≥ 70 % des Anfangsniveaus („Coupon-Barriere“) beträgt.
Automatische vorzeitige Rückzahlung: Ab dem 29. Dezember 2025 erhalten Anleger, wenn alle Referenzwerte an einem Beobachtungstag ≥ 100 % des Anfangsniveaus schließen, den Kapitalbetrag zuzüglich des fälligen Coupons, und die Note endet.
Keine Kapitalschutz: Wenn die Note nicht vorzeitig zurückgezahlt wird und ein Auslöseereignis eintritt (ein Referenzwert schließt an irgend einem Tag bis zur Fälligkeit unter 65 % des Anfangsniveaus) und das Endniveau des schlechtesten Performers unter dem Anfangsniveau liegt, wird das Kapital um 1 % für jeden 1 % Rückgang dieses Vermögenswerts reduziert; der Verlust kann bis zu 100 % betragen.
Geschätzter Anfangswert: 987,70 $ pro 1.000 $ (änderbar, aber nicht unter 940 $); Preis für die Öffentlichkeit 100 %; Verkaufsprovision bis zu 0,25 %.
Emittenten-/Garantenkredit: Direkte, vorrangige, unbesicherte Verbindlichkeiten der Bank of Montreal; Zahlungen unterliegen dem Kreditrisiko von BMO; die Notes sind nicht durch Einlagensicherung geschützt.
Keine Börsennotierung; Sekundärmarkt, falls vorhanden, ausschließlich über BMO Capital Markets Corp. (BMOCM).

06/20/2025 - 04:10 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Cooper Ronald Harold Wilfred

(Last)

(First)

(Middle)

C/O C4 THERAPEUTICS, INC.

490 ARSENAL WAY #120

(Street)

WATERTOWN

02472

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
C4 Therapeutics, Inc. [ CCCC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$1.44	06/18/2025		A		35,500		⁽¹⁾	06/17/2035	Common Stock	35,500	$0	35,500	D

Explanation of Responses:

1. This option shall vest and become exercisable in full upon the earlier to occur of (i) June 18, 2026 and (ii) the next annual meeting of the Issuer's stockholders, subject to the recipient's continued service as a member of the Board on such date.

Remarks:

	/s/ Jolie M. Siegel, Attorney-in-Fact	06/20/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What contingent coupon do BMO Autocallable Barrier Notes pay?

They offer a 0.9917% monthly coupon (≈ 11.90% annual) but only if all three indices close ≥ 70% of their Initial Levels on the Observation Date.

When can the BMO notes be automatically redeemed?

Beginning December 29, 2025, the notes are called if each index closes ≥ 100% of its Initial Level on any Observation Date; investors then receive par plus the due coupon.

How much principal protection do the notes provide?

None. If any index closes below 65% of its Initial Level on any day and finishes below the Initial Level at maturity, principal is reduced 1% for every 1% decline of the worst performer.

Are the notes exchange-listed or easily tradable?

No. They will not be listed; liquidity depends on discretionary, possibly limited, secondary market making by BMOCM.

What is the estimated initial value versus issue price?

BMO estimates an initial value of $987.70 per $1,000, at least $940, reflecting structuring and hedging costs; the issue price to the public is 100% of par.

[Form 4] C4 Therapeutics, Inc. Insider Trading Activity

Insights

FAQ

What contingent coupon do BMO Autocallable Barrier Notes pay?

When can the BMO notes be automatically redeemed?

How much principal protection do the notes provide?

Are the notes exchange-listed or easily tradable?

What is the estimated initial value versus issue price?

NASDAQ:CCCC

CCCC Rankings

CCCC Latest News

CCCC Latest SEC Filings

CCCC Stock Data

Trending News

[Form 4] C4 Therapeutics, Inc. Insider Trading Activity

Insights

Structured Products Analyst neutral

Risk Analyst neutral

FAQ

What contingent coupon do BMO Autocallable Barrier Notes pay?

When can the BMO notes be automatically redeemed?

How much principal protection do the notes provide?

Are the notes exchange-listed or easily tradable?

What is the estimated initial value versus issue price?

NASDAQ:CCCC

CCCC Rankings

CCCC Latest News

CCCC Latest SEC Filings

CCCC Stock Data