Atlas funds linked to Dyne (DYN) director sell 504,695 shares
Rhea-AI Filing Summary
Dyne Therapeutics, Inc. director Jason P. Rhodes reported that investment entities associated with him sold a total of 504,695 shares of common stock in open-market transactions on June 26 and June 29, 2026.
The shares were sold at weighted-average prices around $21.14–$21.28, within disclosed ranges from $21.00 up to $21.61, under a Rule 10b5-1 trading plan adopted on March 19, 2026. The transactions were executed by Atlas Venture and related funds, and Rhodes disclaims Section 16 beneficial ownership of these securities except to the extent of his pecuniary interest. Following the sales, individual Atlas-affiliated entities continue to report sizeable indirect holdings, including 4,579,456 and 1,396,475 shares of Dyne Therapeutics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 102,969 | $21.14 | $2.18M |
| Sale | Common Stock | 51,756 | $21.14 | $1.09M |
| Sale | Common Stock | 40,702 | $21.14 | $860K |
| Sale | Common Stock | 162,954 | $21.28 | $3.47M |
| Sale | Common Stock | 81,903 | $21.28 | $1.74M |
| Sale | Common Stock | 64,411 | $21.28 | $1.37M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 19, 2026. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $21.00 to $21.61 inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of securities sold at each separate price within the ranges set forth in footnotes (2) and (6). The shares are held directly by Atlas Venture Fund XI, L.P. ("Atlas Venture Fund XI"). The general partner of Atlas Venture Fund XI is Atlas Venture Associates XI, L.P. ("AVA XI LP"). Atlas Venture Associates XI, LLC ("AVA XI LLC") is the general partner of AVA XI LP. The Reporting Person is a member of AVA XI LLC and disclaims Section 16 beneficial ownership of such securities held by Atlas Venture Fund XI, except to the extent of his pecuniary interest therein, if any. The shares are owned directly by Atlas Venture Opportunity Fund II, L.P. ("AVOF II"). Atlas Venture Associates Opportunity II, LP ("AVAO II LP") is the general partner of AVOF II. Atlas Venture Associates Opportunity II, LLC ("AVAO II LLC") is the general partner of AVAO II LP. The Reporting Person is a member of AVAO II LLC and disclaims Section 16 beneficial ownership of such securities held by AVOF II, except to the extent of his pecuniary interest therein, if any. The shares are held directly by Atlas Venture Opportunity Fund I, L.P. ("AVOF I"). The general partner of AVOF I is Atlas Venture Associates Opportunity I, L.P. ("AVAO I LP"). Atlas Venture Associates Opportunity I, LLC ("AVAO I LLC") is the general partner of AVAO I LP. The Reporting Person is a member of AVAO I LLC and disclaims Section 16 beneficial ownership of such securities held by AVOF I, except to the extent of his pecuniary interest therein, if any. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $21.00 to $21.3247 inclusive. The shares are held directly by AVA XI LP. AVA XI LLC is the general partner of AVA XI LP. The Reporting Person is a member of AVA XI LLC and disclaims Section 16 beneficial ownership of the securities held by AVA XI LP, except to the extent of his pecuniary interest therein, if any.