Generate Biomedicines CEO buys 20,000 GENB shares
Generate Biomedicines, Inc. Chief Executive Officer Michael Nally purchased 20,000 shares of common stock in an open-market transaction at $12.00 per share.
Rhea-AI Filing Summary
Generate Biomedicines, Inc. Chief Executive Officer Michael Nally purchased 20,000 shares of common stock in an open-market transaction at $12.00 per share. Following this purchase, he directly owned 572,707 common shares, with additional indirect holdings reported through the MTN 2024 GST Trust and MTN 2024 GRAT.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,000 shares
Net Buy
3 txns
Insider
Nally Michael
Role
Chief Executive Officer
Bought
20,000 shs ($240K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 20,000 | $12.00 | $240K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 572,707 shares (Direct);
Common Stock — 1,316,654 shares (Indirect, By MTN 2024 GST Trust);
Common Stock — 999,793 shares (Indirect, By MTN 2024 GRAT)
Footnotes (1)
- F1. The Reporting Person disclaims beneficial ownership of such shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that he is a beneficial owner of such shares for the purpose of Section 16 of the Exchange Act, or for any other purpose.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GENB CEO Michael Nally report on this Form 4?
Michael Nally reported buying 20,000 shares of Generate Biomedicines common stock in an open-market transaction at $12.00 per share. This filing reflects a direct increase in his ownership stake through a straightforward purchase of additional GENB shares on March 4, 2026.
Does the Form 4 mention any disclaimer about Michael Nally’s beneficial ownership?
Yes. The filing includes a disclaimer stating that Michael Nally disclaims beneficial ownership of certain shares for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest, and that the report should not be deemed an admission of beneficial ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.