Design Therapeutics insider funds dispose of 562,627 DSGN shares; holdings remain sizable
Rhea-AI Filing Summary
Design Therapeutics director William Arsani reported sales of company common stock on 08/13/2025. The Form 4 shows two dispositions executed at $5.25 per share: 345,000 shares sold by Logos Global Master Fund LP and 217,627 shares sold by Logos Opportunities Fund II LP. After the sales, the filing reports 2,655,000 shares beneficially owned by Logos Global Master Fund LP and 1,000,000 shares beneficially owned by Logos Opportunities Fund II LP. Arsani is identified as a director and the filing disclaims direct beneficial ownership except to the extent of a pecuniary interest through the reported funds. The form is signed by an attorney-in-fact on 08/14/2025.
Positive
- Transparent disclosure of insider-related sales with specific share counts and prices
- Post-transaction holdings disclosed for both Logos Global Master Fund LP and Logos Opportunities Fund II LP
- Reporting person identified as a director and relationships to the funds are clearly explained
Negative
- Insider-affiliated funds sold a combined 562,627 shares, reducing holdings at the reported price of $5.25 per share
Insights
TL;DR: Director-affiliated funds disposed of a combined 562,627 shares at $5.25, and substantial holdings remain in each fund.
The transaction is a clear, disclosed sale of company common stock by funds managed by the reporting person. Combined disposals total 562,627 shares at $5.25 per share. The filing provides post-transaction beneficial ownership levels for each fund: 2,655,000 and 1,000,000 shares, respectively. This Form 4 follows Section 16 reporting requirements and includes standard disclaimers that the reporting person disclaims direct beneficial ownership except for pecuniary interest. No derivative transactions or additional compensatory details are reported in this filing.
TL;DR: Routine disclosure of director-related fund sales with standard beneficial ownership disclaimers; no governance changes disclosed.
The filing identifies William Arsani as a director and shows sales executed through entities for which he is managing member or associated advisor. The explanation sections attach standard GP/advisor relationships and disclaimers of direct ownership. There are no indications of leadership changes, related-party compensation shifts, or amendments to governance arrangements within this filing. Signature is provided by an attorney-in-fact, consistent with permitted practice.