DSGN plans $1.72M sale of common stock via BTIG on 08/13/2025
Rhea-AI Filing Summary
Design Therapeutics filed a Form 144 reporting a proposed sale of 345,000 common shares through BTIG, LLC with an aggregate market value of $1,718,100.00. The filing lists 56,900,000 shares outstanding and shows the shares were acquired on 03/26/2021 in the open market (700,000 acquired) with cash payment.
The Form 144 indicates an approximate sale date of 08/13/2025, notes nothing to report for securities sold in the past three months, and includes the filers representation that they are not aware of any undisclosed material adverse information about the issuer.
Positive
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Negative
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Insights
TL;DR: Routine Form 144 disclosing an intended sale of 345,000 common shares; information is factual and non-material to capital structure.
The filing documents a planned sale executed through BTIG, LLC on 08/13/2025 for an aggregate market value of $1,718,100.00. The shares were acquired on 03/26/2021 in the open market and paid for in cash. There are 56,900,000 shares outstanding reported. The notice reports no securities sold in the past three months, suggesting this is an isolated disposition rather than a pattern of recent insider selling. From a securities perspective, the disclosure is complete and procedural.
TL;DR: The Form 144 is a standard compliance disclosure; it affirms the filers certification about undisclosed material information.
The document contains the required seller representations, including that the filer does not possess undisclosed material adverse information about the issuer. The filing specifies broker details (BTIG, LLC) and includes acquisition history (open market purchase on 03/26/2021). No sales in the prior three months are reported. This is a routine governance-level disclosure that meets regulatory requirements.