Erasca (NASDAQ: ERAS) foundation plans 8,333-share Rule 144 stock sale
Rhea-AI Filing Summary
Erasca Foundation has filed a notice of proposed sale under Rule 144 covering 8,333 shares of Erasca, Inc. common stock. The shares are to be sold through Merrill Lynch on NASDAQ, with an aggregate market value of $68,573.87 and an approximate sale date of 01/15/2026. The filing notes that 283,711,805 shares of this class were outstanding.
The securities to be sold come from a larger block of 10,193,557 common shares that the foundation acquired as a donation from Erasca, Inc. on 07/20/2021. Over the past three months, Erasca Foundation has already sold 8,333 shares on each of 10/15/2025, 11/17/2025, and 12/15/2025, with gross proceeds of $20,591.33, $21,626.50, and $30,438.69, respectively.
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FAQ
What does Erasca (ERAS) Form 144 filing disclose?
The Form 144 shows that Erasca Foundation plans to sell 8,333 shares of Erasca, Inc. common stock on or around 01/15/2026 through Merrill Lynch on NASDAQ, with an aggregate market value of $68,573.87.
Who is selling Erasca, Inc. shares and through which broker?
The seller is Erasca Foundation, and the planned sale of common shares will be executed through Merrill Lynch at its Rancho Santa Fe, California office, with the shares listed on NASDAQ.
How many Erasca, Inc. shares has Erasca Foundation sold recently?
Over the past three months, Erasca Foundation sold 8,333 common shares on each of 10/15/2025, 11/17/2025, and 12/15/2025, for gross proceeds of $20,591.33, $21,626.50, and $30,438.69, respectively.
How did Erasca Foundation acquire the Erasca, Inc. shares being sold?
The foundation acquired the shares via a donation from Erasca, Inc. on 07/20/2021, receiving 10,193,557 common shares, which form the source of the current and recent sales.
What is the class of Erasca, Inc. securities covered by this Form 144?
The filing covers common stock of Erasca, Inc., listed for trading on the NASDAQ exchange.
How many Erasca, Inc. common shares are outstanding according to the filing?
The notice states that 283,711,805 shares of Erasca, Inc. common stock were outstanding, providing context for the size of the planned and recent sales.