[Form 4] Damora Therapeutics, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Damora Therapeutics, Inc. General Counsel Winslow Garrett reported routine equity compensation activity involving restricted stock units (RSUs) and a small share sale tied to taxes. On July 3, 2026, 680 RSUs were settled into 680 shares of common stock at a stated price of $0.00 per share as part of their scheduled vesting from a January 3, 2024 award. On the same date, 640 RSUs from this award remained outstanding. On July 6, 2026, 245 shares of common stock were sold at $29.98 per share to cover tax obligations in connection with the RSU vesting under the company’s 2020 Equity Incentive Plan, which the filing describes as a mandated, non-discretionary sale. Following these transactions, Garrett holds 2,289 shares of Damora Therapeutics common stock directly.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with a small tax-driven sale; limited signal.
The filing shows 680 restricted stock units converting into common shares on July 3, 2026, from a January 3, 2024 award, with 640 RSUs remaining. This is standard equity compensation vesting for the General Counsel of Damora Therapeutics.
On July 6, 2026, 245 shares were sold at $29.98 per share. A footnote explains the shares were sold to cover tax obligations under the 2020 Equity Incentive Plan and were not a discretionary trade, which materially weakens any trading signal.
After these transactions, the insider directly holds 2,289 common shares. The net change of 245 shares sold versus 680 acquired is small, and with no remaining derivatives disclosed, this looks like routine administration of equity awards rather than a thesis-changing insider move.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 245 | $29.98 | $7K |
| Exercise | Restricted Stock Units | 680 | $0.00 | -- |
| Exercise | Common Stock | 680 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit ("RSU") represents the right to receive, at settlement, one share of common stock of the Issuer. This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date. Shares sold to cover tax obligations in connection with the vesting of the RSUs listed in Table II. This sale is mandated by the Issuer's election under its 2020 Equity Incentive Plan and does not represent a discretionary trade by the Reporting Person. This award was granted on January 3, 2024. One-third of the RSUs subject to the award vested on January 3, 2025 and one-sixth of the RSUs subject to the award award will vest ratably every six months thereafter, assuming continued employment through the applicable vesting date.