[Form 4] Crinetics Pharmaceuticals, Inc. Insider Trading Activity
Crinetics Pharmaceuticals insider sale by President & CEO Richard S. Struthers. The filing reports that on 09/26/2025 Mr. Struthers sold 4,000 shares of common stock in open-market transactions at $45.00 per share under a Rule 10b5-1 trading plan adopted August 30, 2024. The Form 4 lists his post-transaction beneficial holdings across direct and indirect holdings, including 320,017 shares held directly and multiple indirect holdings via family trusts and spouse (for example, 661,205 shares by Family Trust 1 and 106,000 shares indirect by Family Trust 2). The sale was effected automatically under the trading plan and was signed by an attorney-in-fact on 09/30/2025.
- Sale executed under a Rule 10b5-1 trading plan, indicating the trade was pre-planned and automated
- Detailed disclosure of post-transaction beneficial ownership including direct and indirect holdings by multiple family trusts and spouse
- None.
Insights
Insider sold a small number of shares under a pre-established plan; holdings remain substantial.
The reported sale of 4,000 shares at $45 each appears to be a routine disposition executed under a Rule 10b5-1 plan, which typically indicates pre-planned liquidity rather than opportunistic trading. The filing shows significant remaining beneficial ownership reported both directly and indirectly across several family trusts and spouse, which suggests continued alignment of the reporting person with long-term ownership. No derivative transactions or additional dispositions are disclosed in this form.
Transaction follows governance best practices using a 10b5-1 plan; disclosure is complete for the reported trade.
The Form 4 cites adoption of a Rule 10b5-1 trading plan on August 30, 2024 and describes an automatic sale executed on 09/26/2025. The filing identifies the reporting person as both President & CEO and a director and provides post-transaction beneficial ownership broken out by direct and indirect holdings. The signature by attorney-in-fact is properly recorded. There are no indications of other compensatory or derivative grants in this filing.