Eikon Therapeutics (EIKN) sees Column Group funds convert and buy shares
Rhea-AI Filing Summary
Entities affiliated with The Column Group reported sizable ownership changes in Eikon Therapeutics, Inc. (EIKN) tied to the company’s initial public offering. On February 6, 2026, multiple funds converted preferred stock into common and also bought additional shares.
The Column Group IV, LP, IV-A, LP and Opportunity III, LP converted Series A, A-1, C-1 and D preferred shares into common stock at an approximate 0.1340878-to-1 ratio and now hold indirect positions including 4,312,139, 148,840 and 1,319,164 common shares, respectively. On the same date, these entities also made open-market purchases of 1,437,323, 49,556 and 630,881 common shares at $18 per share. The filing states that the reporting persons disclaim beneficial ownership beyond their pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Column Group funds convert preferred into Eikon common and add shares at $18.
The filing shows several Column Group funds converting multiple preferred series into Eikon Therapeutics common stock immediately before the IPO closing. The stated conversion rate is about 0.1340878 common share per preferred share, turning pre-IPO securities into listed equity.
In addition, The Column Group IV, LP, IV-A, LP and Opportunity III, LP executed open-market purchases of 1,437,323, 49,556 and 630,881 common shares at $18 per share, bringing their indirect holdings to 4,312,139, 148,840 and 1,319,164 shares as of February 6, 2026. The filing notes that various general partner entities and individuals may be deemed to share voting and investment power but disclaim beneficial ownership beyond their pecuniary interests.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Series A Preferred Stock | 9,670,000 | $0.00 | -- |
| Conversion | Series A Preferred Stock | 330,000 | $0.00 | -- |
| Conversion | Series A-1 Preferred Stock | 10,467,526 | $0.00 | -- |
| Conversion | Series A-1 Preferred Stock | 357,216 | $0.00 | -- |
| Conversion | Series C-1 Preferred Stock | 827,278 | $0.00 | -- |
| Conversion | Series C-1 Preferred Stock | 28,229 | $0.00 | -- |
| Conversion | Series D Preferred Stock | 5,133,076 | $0.00 | -- |
| Conversion | Common Stock | 1,296,629 | $0.00 | -- |
| Conversion | Common Stock | 1,403,568 | $0.00 | -- |
| Conversion | Common Stock | 110,928 | $0.00 | -- |
| Conversion | Common Stock | 44,249 | $0.00 | -- |
| Conversion | Common Stock | 47,898 | $0.00 | -- |
| Conversion | Common Stock | 3,785 | $0.00 | -- |
| Conversion | Common Stock | 688,283 | $0.00 | -- |
| Purchase | Common Stock | 1,437,323 | $18.00 | $25.87M |
| Purchase | Common Stock | 49,556 | $18.00 | $892K |
| Purchase | Common Stock | 630,881 | $18.00 | $11.36M |
Footnotes (1)
- Immediately prior to the closing of the Issuer's initial public offering of its Common Stock, each share of Series A Preferred Stock, Series A-1 Preferred Stock, Series B-1 Preferred Stock, Series C Preferred Stock, Series C-1 Preferred Stock and Series D Preferred Stock automatically converted into approximately 0.1340878 shares of the Issuer's Common Stock and has no expiration date The shares are directly held by The Column Group IV, LP ("TCG IV LP"). The Column Group IV GP, LP ("TCG IV GP LP") is the general partner of TCG IV LP and may be deemed to have voting and investment power with respect to shares directly held by TCG IV LP. Peter Svennilson and Tim Kutzkey are the managing partners of TCG IV GP LP and may each be deemed to share voting, investment and dispositive power with respect to securities directly held by TCG IV LP. Each of the Reporting Persons disclaims beneficial ownership of the securities noted herein, except to the extent of its or his pecuniary interest therein. The shares are directly held by The Column Group IV-A, LP ("TCG IV-A LP"). TCG IV GP LP is the general partner of the TCG IV-A LP and may be deemed to have voting and investment power with respect to shares directly held by the Reporting Person. Peter Svennilson and Tim Kutzkey are the managing partners of TCG IV GP LP and may each be deemed to share voting, investment and dispositive power with respect to securities directly held by TCG IV-A LP. Each of the Reporting Persons disclaims beneficial ownership of the securities noted herein, except to the extent of its or his pecuniary interest therein. The securities are directly held by The Column Group Opportunity III, LP ("TCG Opportunity III LP"). The Column Group Opportunity III GP, LP ("TCG Opportunity III GP LP") is the general partner of TCG Opportunity III LP. TCG Opportunity III GP, LLC is the general partner of TCG Opportunity III GP LP and the ultimate general partner of TCG Opportunity III LP. Each of TCG Opportunity III GP LP and TCG Opportunity III GP, LLC may be deemed to have voting, investment and dispositive power with respect to securities directly held by TCG Opportunity III LP. Peter Svennilson and Tim Kutzkey are the managing members of TCG Opportunity III GP, LLC and may each be deemed to share voting, investment and dispositive power with respect to securities directly held by TCG Opportunity III LP. Each of the Reporting Persons disclaims beneficial ownership of the securities noted herein, except to the extent of its or his pecuniary interest therein.
