STOCK TITAN

Enliven Therapeutics, Inc. (ELVN) CMO exercises options, sells 5,000 shares

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Enliven Therapeutics’ chief medical officer Helen Louise Collins exercised stock options for 5,000 shares of common stock at $2.48 per share on July 17, 2026, then sold 5,000 shares in multiple trades at weighted average prices between $49.72 and $53.93. After the exercise, she reported directly holding 116,268 stock options. All transactions were effected under a pre-established Rule 10b5-1 trading plan adopted on October 19, 2025.

Positive

  • None.

Negative

  • None.
Insider Collins Helen Louise
Role CHIEF MEDICAL OFFICER
Sold 5,000 shs ($263K)
Approx. gross sale proceeds $263K
Approx. exercise cost $12K
Approx. pre-tax spread $251K
Type Security Shares Price Value
Exercise Stock Option (right to buy) F1, F9 5,000 $0.00 $0.00
Exercise Common Stock F1, F2 5,000 $2.48 $12K
Sale Common Stock F1, F3, F2 231 $50.0542 $12K
Sale Common Stock F1, F4, F2 459 $51.5466 $24K
Sale Common Stock F1, F5, F2 2,063 $52.3921 $108K
Sale Common Stock F1, F6, F2 2,184 $53.4199 $117K
Sale Common Stock F1, F7, F8 63 $53.9208 $3K
Holdings After Transaction: Stock Option (right to buy) — 116,268 shares (Direct); Common Stock — 25,000 shares (Direct)
Footnotes (9)
  1. F1. The option exercise and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on October 19, 2025.
  2. F2. Certain of these securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
  3. F3. This transaction was executed in multiple trades at prices ranging from $49.72 to $50.3565. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
  4. F4. This transaction was executed in multiple trades at prices ranging from $50.85 to $51.8305. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
  5. F5. This transaction was executed in multiple trades at prices ranging from $51.8711 to $52.845. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
  6. F6. This transaction was executed in multiple trades at prices ranging from $52.8741 to $53.8708. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
  7. F7. This transaction was executed in multiple trades at prices ranging from $53.8793 to $53.93. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
  8. F8. These securities are RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
  9. F9. All of the shares subject to this option are fully vested and exercisable as of the date hereof.
Options exercised 5,000 shares Stock options exercised into common stock on July 17, 2026
Exercise price $2.48 per share Conversion or exercise price of the stock option exercised on July 17, 2026
Shares sold 5,000 shares Total Enliven Therapeutics common shares sold in multiple transactions on July 17, 2026
Sale price range $49.72–$53.93 per share Weighted average sale price ranges disclosed across sale footnotes F3–F7
Options held after exercise 116,268 options Total stock options reported following the derivative transaction
Rule 10b5-1 trading plan regulatory
"were effected pursuant to a Rule 10b5-1 trading plan adopted"
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.
restricted stock units (RSUs) financial
"Certain of these securities are restricted stock units (RSUs). Each RSU"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
contingent right financial
"Each RSU represents a contingent right to receive one share"

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FAQ

What insider transactions did Enliven Therapeutics (ELVN) report for Helen Collins?

Helen Louise Collins reported exercising 5,000 stock options at $2.48 per share and selling 5,000 common shares of Enliven Therapeutics on July 17, 2026. The sales occurred through multiple trades at weighted average prices between $49.72 and $53.93 per share.

How many Enliven Therapeutics (ELVN) shares did Helen Collins sell, and at what prices?

She sold a total of 5,000 common shares of Enliven Therapeutics. The Form 4 shows several sale transactions, with weighted average prices ranging from $49.72 to $53.93 per share, each executed in multiple trades within the stated price ranges.

What stock options did Helen Collins exercise at Enliven Therapeutics (ELVN)?

Collins exercised a stock option for 5,000 shares of Enliven Therapeutics common stock at an exercise price of $2.48 per share. Footnotes indicate all shares under this option were fully vested and exercisable, and the option has an expiration date of June 17, 2031.

Was the Enliven Therapeutics (ELVN) insider trading done under a Rule 10b5-1 plan?

Yes. Footnote F1 states that the option exercise and related sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Helen Collins on October 19, 2025. Such plans pre-arrange trading, reducing the informational value of transaction timing.

How many Enliven Therapeutics (ELVN) stock options does Helen Collins hold after these transactions?

Following the reported option exercise, Collins reported holding 116,268 stock options directly. This figure comes from the derivative transaction line showing total stock options following the transaction and reflects her remaining option position as disclosed in this Form 4.

What role does Helen Collins hold at Enliven Therapeutics (ELVN)?

Helen Louise Collins is reported as the Chief Medical Officer of Enliven Therapeutics. The Form 4 identifies her as an officer of the company with that title, and the transactions disclosed relate to her holdings and option awards in the issuer’s equity.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Collins Helen Louise

(Last)(First)(Middle)
C/O ENLIVEN THERAPEUTICS, INC.
205 PARK ROAD

(Street)
BURLINGAME CALIFORNIA 94010

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Enliven Therapeutics, Inc. [ ELVN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CHIEF MEDICAL OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/17/2026M(1)5,000A$2.4830,000(2)D
Common Stock07/17/2026S(1)231D$50.0542(3)29,769(2)D
Common Stock07/17/2026S(1)459D$51.5466(4)29,310(2)D
Common Stock07/17/2026S(1)2,063D$52.3921(5)27,247(2)D
Common Stock07/17/2026S(1)2,184D$53.4199(6)25,063(2)D
Common Stock07/17/2026S(1)63D$53.9208(7)25,000(8)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)$2.4807/17/2026M(1)5,000 (9)06/17/2031Common Stock5,000$0116,268D
Explanation of Responses:
1. The option exercise and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on October 19, 2025.
2. Certain of these securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
3. This transaction was executed in multiple trades at prices ranging from $49.72 to $50.3565. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
4. This transaction was executed in multiple trades at prices ranging from $50.85 to $51.8305. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
5. This transaction was executed in multiple trades at prices ranging from $51.8711 to $52.845. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
6. This transaction was executed in multiple trades at prices ranging from $52.8741 to $53.8708. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
7. This transaction was executed in multiple trades at prices ranging from $53.8793 to $53.93. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
8. These securities are RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
9. All of the shares subject to this option are fully vested and exercisable as of the date hereof.
/s/ Ben Hohl, by power of attorney07/21/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)