Ginkgo Bioworks Insider's Trading Pattern Reveals Systematic Share Liquidation
Rhea-AI Filing Summary
Form 144 Notice of Proposed Sale filed by Austin Che of Ginkgo Bioworks Holdings (NYSE: DNA) indicates planned sale of 99 Class A shares with an aggregate market value of $834.57, to be executed through Fidelity Brokerage Services around June 23, 2025.
The shares were originally acquired on October 12, 2022, through restricted stock vesting as compensation. The filing reveals extensive recent trading activity by the seller, with systematic sales of 99 shares per transaction over the past three months (March-June 2025), totaling 57 transactions.
Notable trading patterns show:
- Share prices ranging from $5.15 to $9.51 per share
- Consistent selling volume of 99 shares per trade
- Recent price appreciation trend in June 2025, with transactions reaching $8-9 per share
- Total outstanding shares: 46,344,630
Positive
- None.
Negative
- None.