Eikon Therapeutics (EIKN) CEO adds 284,857 shares after preferred conversion
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Eikon Therapeutics, Inc. insider Roger M. Perlmutter, the company’s Chief Executive Officer and Director, indirectly acquired 284,857 shares of common stock on February 6, 2026 through derivative conversions tied to the company’s initial public offering.
Series A-1 Preferred Stock representing 1,268,891 shares and Series D Preferred Stock representing 855,512 shares each converted into common stock immediately prior to the IPO closing on a 1-for-7.4578 basis. The resulting common shares are held indirectly for Perlmutter’s benefit through Perlmutter Consulting, Inc., in which he had the sole pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,124,403 shares exercised/converted
Mixed
3 txns
Insider
PERLMUTTER ROGER M
Role
See remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Series A-1 Preferred Stock | 1,268,891 | $0.00 | -- |
| Conversion | Series D Preferred Stock | 855,512 | $0.00 | -- |
| Conversion | Common Stock | 284,857 | $0.00 | -- |
Holdings After Transaction:
Series A-1 Preferred Stock — 0 shares (Indirect, See Footnote);
Series D Preferred Stock — 0 shares (Indirect, See Footnote);
Common Stock — 284,857 shares (Indirect, See Footnote)
Footnotes (1)
- The Series A-1 Preferred Stock converted into Common Stock immediately prior to the closing of the Issuer's initial public offering ("IPO") on a 1-for-7.4578 basis and had no expiration date. The Series D Preferred Stock converted into Common Stock immediately prior to the closing of the Issuer's IPO on a 1-for-7.4578 basis and had no expiration date. The securities are held indirectly by the Reporting Person through Perlmutter Consulting, Inc. for the benefit of the Reporting Person. The Reporting Person had the sole pecuniary interest in the securities.
FAQ
What insider transaction did EIKN disclose for Roger M. Perlmutter?
Eikon Therapeutics reported that Chief Executive Officer and Director Roger M. Perlmutter indirectly acquired 284,857 shares of common stock on February 6, 2026 through conversions of preferred stock in connection with the company’s initial public offering.
What amounts of preferred stock were involved in the EIKN conversion?
The filing identifies 1,268,891 shares of Series A-1 Preferred Stock and 855,512 shares of Series D Preferred Stock. Both series converted into Eikon Therapeutics common stock immediately prior to the IPO closing, producing the 284,857 indirectly held common shares.
What transaction code is used in the EIKN Form 4 and what does it mean?
The Form 4 uses transaction code “C,” described as a conversion of derivative security. This indicates that the preferred stock holdings were converted into common stock rather than being bought or sold in an open-market transaction.