[144] Crinetics Pharmaceuticals, Inc. SEC Filing
Crinetics Pharmaceuticals (CRNX) filed a Form 144 reporting a proposed sale of 6,492 common shares valued at $191,059.56 with an approximate sale date of 08/20/2025 on NASDAQ. The filing lists total shares outstanding of 94,175,994. The securities were acquired as 4,360 restricted stock units on 03/15/2025 and 2,132 shares through an employee stock purchase plan on 05/20/2023. The filer reports no securities sold in the past three months. Several standard filer contact and issuer identification fields in the provided content are blank or not provided.
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Insights
TL;DR Insider plans to sell a small block of shares disclosed under Rule 144; size is immaterial relative to the company's shares outstanding.
The Form 144 shows a proposed sale of 6,492 common shares worth $191,059.56 against 94,175,994 shares outstanding, representing an immaterial percentage of the float. The holdings were acquired primarily via restricted stock units and an ESPP. No sales in the prior three months are reported, and key filer/issuer contact fields are missing in the provided text. This disclosure enhances transparency but does not indicate material dilution or a meaningful change to capital structure.
TL;DR The filing meets Rule 144 disclosure by reporting proposed insider sale details, though some identifying fields are absent in the supplied content.
Crinetics’ notice provides transaction-specific details required for Rule 144 compliance including class, broker, acquisition method, and planned sale date. The omission of filer CIK/contact and issuer identification in the provided excerpt limits third-party verification. From a governance perspective, the form itself is a routine compliance filing and does not, on its face, signal governance concerns.