Atlas funds trim Dyne Therapeutics (DYN) stake in planned stock sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dyne Therapeutics, Inc. reported that investment entities associated with director Jason P. Rhodes sold a total of 106,723 shares of its common stock in open-market transactions. The sales occurred on May 4–6, 2026 at weighted average prices around $18.00–$18.18 per share under a Rule 10b5-1 trading plan.
The trades were executed by Atlas Venture-managed funds and related partnerships that hold Dyne shares indirectly for investors. After these transactions, the entities still hold multi-million-share positions in Dyne across several funds, while Rhodes disclaims beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 106,723 shares ($1,936,341)
Net Sell
12 txns
Insider
Rhodes Jason P
Role
null
Sold
106,723 shs ($1.94M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 21,926 | $18.18 | $399K |
| Sale | Common Stock | 43,621 | $18.18 | $793K |
| Sale | Common Stock | 428 | $18.18 | $8K |
| Sale | Common Stock | 17,244 | $18.18 | $313K |
| Sale | Common Stock | 3,056 | $18.03 | $55K |
| Sale | Common Stock | 6,081 | $18.03 | $110K |
| Sale | Common Stock | 60 | $18.03 | $1K |
| Sale | Common Stock | 2,403 | $18.03 | $43K |
| Sale | Common Stock | 3,136 | $18.00 | $56K |
| Sale | Common Stock | 6,241 | $18.00 | $112K |
| Sale | Common Stock | 61 | $18.00 | $1K |
| Sale | Common Stock | 2,466 | $18.00 | $44K |
Holdings After Transaction:
Common Stock — 1,549,288 shares (Indirect, See footnote)
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 $18.00 to $18.0206 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 range set forth in this footnote. 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 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 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. 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 $18.00 to $18.0831 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 range set forth in this footnote. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $18.00 to $18.89 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 range set forth in this footnote.
Key Figures
Total shares sold: 106,723 shares
Sale price range (set 1): $18.00–$18.0206 per share
Sale price range (set 2): $18.00–$18.0831 per share
+5 more
8 metrics
Total shares sold
106,723 shares
Open-market sales by Atlas Venture entities on May 4–6, 2026
Sale price range (set 1)
$18.00–$18.0206 per share
Weighted-average range for one group of transactions
Sale price range (set 2)
$18.00–$18.0831 per share
Weighted-average range for another transaction group
Sale price range (set 3)
$18.00–$18.89 per share
Weighted-average range for additional sales
Remaining holding in one fund
4,883,494 shares
Post-transaction indirect holding for an Atlas Venture entity
Remaining holding in second fund
1,549,288 shares
Post-transaction indirect holding for another Atlas Venture entity
Remaining holding in third fund
1,136,810 shares
Post-transaction indirect holding in a separate Atlas-related entity
Small remaining indirect block
7,962 shares
Post-transaction balance in a smaller Atlas-related account
Key Terms
Rule 10b5-1 trading plan, Section 16 beneficial ownership, weighted average price, pecuniary interest, +1 more
5 terms
Rule 10b5-1 trading plan financial
"Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Section 16 beneficial ownership financial
"disclaims Section 16 beneficial ownership of such securities held by AVOF II"
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
pecuniary interest financial
"except to the extent of his pecuniary interest therein, if any"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transactions did Dyne Therapeutics (DYN) disclose in this Form 4?
Dyne Therapeutics disclosed that entities associated with director Jason P. Rhodes sold 106,723 common shares. The open-market transactions occurred on May 4–6, 2026 at weighted average prices near $18 per share, reflecting planned portfolio activity rather than a new company financing.
Were the Dyne Therapeutics (DYN) insider sales made under a Rule 10b5-1 plan?
Yes. A footnote explains the shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. Such plans pre-arrange trading instructions, indicating these sales were scheduled in advance rather than timed in response to short-term developments at Dyne Therapeutics.