Korro Bio director-linked funds sell 2,143 KRRO shares
Korro Bio, Inc. director Jean Francois Formela reported indirect sales of Korro Bio common stock on August 11, 2026.
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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.
Insider Trade Summary 10b5-1
| 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 |
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
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average price financial
Section 16 beneficial ownership regulatory
FAQ
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What insider transactions did Korro Bio (KRRO) report on August 11, 2026?
Were the KRRO insider sales by Jean Francois Formela made under a 10b5-1 plan?
What price range did the Korro Bio (KRRO) insider sales occur at on August 11, 2026?
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