Schedule 13G/A: Eventide, Kuruvilla & John Report 2.0% of CLDX
Rhea-AI Filing Summary
This Schedule 13G/A reports that Eventide Asset Management, LLC and two individuals, Finny Kuruvilla, M.D., Ph.D. and Robin C. John, each are associated with an aggregate beneficial ownership of 1,356,186 shares of Celldex Therapeutics common stock, representing 2.0% of the class. The filing cites the date of event requiring filing as 06/30/2025 and contains signatures dated 08/14/2025.
Eventide is reported with sole voting and sole dispositive power over 1,356,186 shares, while Kuruvilla and John are reported with shared voting and shared dispositive power over the same 1,356,186 shares. Item 5 explicitly states this is an ownership of 5 percent or less of a class.
The filing identifies Eventide as organized in Delaware and lists the filers' address as One International Place, Suite 4210, Boston, Massachusetts. The exhibit includes a joint filing agreement executed August 14, 2025, and Item 10 contains a certification that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine institutional Schedule 13G/A showing Eventide holds 1,356,186 CLDX shares (2.0%), with no declared intent to influence control.
This filing discloses a modest, passive stake: 1,356,186 shares equal to 2.0% of Celldex's common stock. Eventide is shown with sole voting and dispositive authority, while two named individuals are listed with shared powers under a joint filing arrangement. Because the stake is below 5% and the filing includes Item 10 certifications that holdings are in the ordinary course of business, this disclosure is procedural and unlikely to signal an imminent change in corporate control or strategy.
TL;DR: Joint Schedule 13G/A and explicit disclaimers indicate passive investment status; the filing appears to satisfy disclosure requirements.
The document includes a signed joint filing agreement and Item 10 certification disclaiming plans to influence control, consistent with a passive investor posture. The filing classifies Eventide as an investment adviser (IA) and the individuals with codes shown in the form, and it records the procedural facts required for Schedule 13G/A. From a governance standpoint, this is a standard disclosure that increases transparency about institutional ownership but does not, by itself, create governance or control implications.