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Erasca reports proposed 80,000-share sale (NASDAQ: ERAS)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Erasca, Inc. filed a Form 144 reporting a proposed sale of 80,000 shares of Common Stock associated with a stock option, planned for 04/01/2026 and to be settled for cash. The filing shows an aggregate value of $1,312,354.68 and lists 310,799,547 shares outstanding as of 04/01/2026 as a context figure. The filer also reported a prior sale of 120,000 shares on 01/07/2026 for $670,809.15.

Positive

  • None.

Negative

  • None.

Insights

Form 144 flags a planned insider sale of 80,000 shares via option exercise.

The notice indicates the transaction method as a stock option with cash settlement on 04/01/2026. Form 144 is a regulatory notice of an intended sale under Rule 144 and does not itself execute the sale.

Prior activity includes a reported sale of 120,000 shares on 01/07/2026 for $670,809.15; subsequent SEC filings will show whether the planned sale was completed.

Proposed shares to sell 80,000 shares to be sold via stock option on 04/01/2026
Aggregate value (proposed) $1,312,354.68 associated aggregate value listed with the 80,000-share notice
Shares outstanding 310,799,547 shares as of 04/01/2026 (context figure in filing)
Prior sale 120,000 shares sold on 01/07/2026 for $670,809.15
Proceeds from prior sale $670,809.15 aggregate proceeds reported for 120,000 shares on 01/07/2026
Form 144 regulatory
"filed a Form 144 reporting a proposed sale of 80,000 shares"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Stock Option financial
"planned sale of 80,000 shares associated with a stock option"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
Aggregate value financial
"shows an aggregate value of $1,312,354.68"

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What did ERAS disclose in the Form 144?

The Form 144 disclosed a proposed sale of 80,000 shares tied to a stock option scheduled for 04/01/2026. It also lists an aggregate value of $1,312,354.68 and prior sales in the same period.

Who is the filer and what prior sale is shown in the ERAS filing?

The filer entry lists a Merrill Lynch account and an individual, Ebun Garner, who sold 120,000 shares on 01/07/2026 for $670,809.15. The Form 144 shows both proposed and recent past activity.

Does the Form 144 mean the shares have already been sold?

No, Form 144 is a notice of an intended sale, not proof of completion. The document reports a proposed sale set for 04/01/2026; completion must be confirmed in subsequent filings.

How large is the company's outstanding share base noted in the filing?

The filing includes a context line showing 310,799,547 shares outstanding as of 04/01/2026. That figure appears alongside the proposed sale details in the Form 144 extract.