[Form 4] Cue Biopharma, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Cue Biopharma, Inc. director and Chief Executive Officer Shao-Lee Lin reported indirect purchases of derivative securities tied to the company’s common stock. A trust associated with Lin acquired 45,453 common stock warrants with an exercise price of $11.00 per share and 90,906 pre-funded warrants with an exercise price of $0.001 per share on June 1, 2026.
These positions were obtained under a securities purchase agreement entered on April 30, 2026, in a private placement that closed on May 4, 2026. The pre-funded warrants and accompanying warrants became exercisable on June 1, 2026, following stockholder approval of the underlying common stock issuance at the company’s Special Meeting of Stockholders in accordance with Nasdaq listing rules.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Pre-Funded Warrants (Right to Buy) | 90,906 | $11.00 | $1000K |
| Purchase | Common Stock Warrants (Right to Buy) | 45,453 | $0.00 | -- |
Footnotes (1)
- The securities do not have an expiration date. On April 30, 2026, the Issuer entered into a securities purchase agreement (the "Purchase Agreement") with certain accredited investors, including the Reporting Person. Pursuant to the terms of the Purchase Agreement, the Issuer issued and sold pre-funded warrants and accompanying warrants to purchase shares of common stock in a private placement that closed on May 4, 2026. The purchase price for each pre-funded warrant and accompanying warrants to purchase one-half of one share of common stock was $11.00. The pre-funded warrants and accompanying warrants became exercisable on June 1, 2026, following approval by the Issuer's stockholders of the issuance of common stock upon exercise of the pre-funded warrants and accompanying warrants in accordance with applicable listing rules of the Nasdaq Stock Market, including Nasdaq Listing Rule 5636, at the Issuer's Special Meeting of Stockholders held on June 1, 2026. The securities are held by the Shao-Lee Lin Trust, DTD 3/13/2023.