Family trust of Evommune (EVMN) director buys 10,000 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Evommune, Inc. director Arthur S. Kirsch reported an indirect open-market purchase of 10,000 shares of common stock at a weighted average price of $13.30 per share. The shares are held by a family trust for which he is a trustee, and he disclaims beneficial ownership except for his proportionate pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,000 shares ($133,000)
Net Buy
1 txn
Insider
KIRSCH ARTHUR S
Role
null
Bought
10,000 shs ($133K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 10,000 | $13.30 | $133K |
Holdings After Transaction:
Common Stock — 10,000 shares (Indirect, By Trust)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.25 to $13.35 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. The securities are held by a family trust, of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his proportionate pecuniary interest therein.
Key Figures
Shares purchased: 10,000 shares
Weighted average price: $13.30 per share
Price range: $13.25–$13.35 per share
+1 more
4 metrics
Shares purchased
10,000 shares
Open-market common stock purchase
Weighted average price
$13.30 per share
Reported transaction price
Price range
$13.25–$13.35 per share
Individual trade prices in the purchase
Shares held after transaction
10,000 shares
Indirect ownership by family trust
Key Terms
weighted average price, family trust, beneficial ownership, open-market purchase
4 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
family trust financial
"The securities are held by a family trust, of which the Reporting Person is a trustee."
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of these securities except to the extent of his proportionate pecuniary interest therein."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
FAQ
What insider transaction did Evommune (EVMN) report for Arthur S. Kirsch?
Evommune reported that a family trust associated with director Arthur S. Kirsch bought 10,000 shares of common stock in an open-market transaction. The filing shows this as an indirect purchase at a weighted average price of $13.30 per share.
What does the weighted average price mean in the Evommune (EVMN) Form 4 transaction?
Weighted average price means the 10,000 shares were bought through multiple trades at slightly different prices. The filing notes individual trades ranged from $13.25 to $13.35, with $13.30 per share reported as the weighted average purchase price.