Korro Bio (KRRO) director-affiliated funds sell 2,143 shares under 10b5-1 plan
Rhea-AI Filing Summary
Korro Bio, Inc. director Jean Francois Formela reported indirect sales of Korro Bio common stock on August 11, 2026. A total of 2,143 shares were sold at a weighted average price of $13.96 per share, in transactions executed under a Rule 10b5-1 trading plan adopted on April 8, 2026. The sold shares were held by Atlas Venture Fund XI, L.P. and Atlas Venture Opportunity Fund II, L.P., and Formela disclaims Section 16 beneficial ownership except to the extent of any pecuniary interest.
Positive
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Negative
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Insider Trade Summary 10b5-1
Net Seller: 2,143 shares
Net Sell
2 txns
Insider
FORMELA JEAN FRANCOIS
Role
Director
Sold
2,143 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 1,775 | $13.96 | $25K |
| Sale | Common Stock F1, F2, F4 | 368 | $13.96 | $5K |
Holdings After Transaction:
Common Stock — 145,937 shares (Indirect, See footnote)
Footnotes (4)
- F1. Shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 8, 2026.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.95 to $14.00 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 sold each separate price within the range set forth in this footnote.
- F3. These shares are held directly by Atlas Venture Fund XI, L.P. ("Atlas XI"). Atlas Venture Associates XI, L.P. ("AVA XI LP") is the general partner of Atlas XI. Atlas Venture Associates XI, LLC ("AVA XI LLC") is the general partner of AVA XI LP. The Reporting Person is a member of AVA XI LLC and disclaims Section 16 beneficial ownership of such shares, except to the extent of his pecuniary interest therein, if any.
- F4. These shares are held directly by Atlas Venture Opportunity Fund II, L.P. ("AVOF II"). Atlas Venture Associates Opportunity II, L.P. ("AVAO II LP") is the general partner of AVOF II. Atlas Venture Associates Opportunity II, LLC ("AVAO II LLC") is the general partner of AVAO II LP. The Reporting Person is a member of AVAO II LLC and disclaims Section 16 beneficial ownership of such shares, except to the extent of his pecuniary interest therein, if any.
Key Figures
Shares sold by Atlas Venture Fund XI: 1,775 shares
Shares sold by Atlas Venture Opportunity Fund II: 368 shares
Total shares sold: 2,143 shares
+3 more
6 metrics
Shares sold by Atlas Venture Fund XI
1,775 shares
Common stock sold on August 11, 2026
Shares sold by Atlas Venture Opportunity Fund II
368 shares
Common stock sold on August 11, 2026
Total shares sold
2,143 shares
Aggregate of reported sales on August 11, 2026
Weighted average sale price
$13.96 per share
Weighted average for sales on August 11, 2026
Trade price range
$13.95–$14.00 per share
Price range of individual transactions on August 11, 2026
10b5-1 plan adoption date
April 8, 2026
Date the Rule 10b5-1 trading plan was adopted
Key Terms
Rule 10b5-1 trading plan, weighted average price, Section 16 beneficial ownership
3 terms
Rule 10b5-1 trading plan regulatory
"Shares were sold 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.
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.
Section 16 beneficial ownership regulatory
"disclaims Section 16 beneficial ownership of such shares, except..."
FAQ
What insider transactions did Korro Bio (KRRO) report on August 11, 2026?
Korro Bio reported that entities associated with director Jean Francois Formela sold 2,143 shares of common stock on August 11, 2026 at a weighted average price of $13.96 per share, in open market or private transactions.
Were the KRRO insider sales by Jean Francois Formela made under a 10b5-1 plan?
Yes. The filing states the shares were sold pursuant to a Rule 10b5-1 trading plan adopted by Jean Francois Formela on April 8, 2026, indicating the sales were pre-arranged rather than discretionary at the time of execution.
What price range did the Korro Bio (KRRO) insider sales occur at on August 11, 2026?
The sales occurred at prices ranging from $13.95 to $14.00 per share. The Form 4 reports a weighted average price of $13.96 per share, and notes that trade-level detail is available upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.