Lynx1 fund tied to Weston Nichols adds Korro Bio (KRRO) position
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lynx1 Master Fund LP, an entity associated with Lynx1 Capital Management LP and Weston Nichols, reported an indirect open-market purchase of 520 shares of Korro Bio, Inc. common stock at $10.60 per share. Following this transaction, the reporting structure shows 1,538,296 shares held indirectly. Lynx1 Capital Management LP and Mr. Nichols each disclaim beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 520 shares ($5,512)
Net Buy
1 txn
Insider
Lynx1 Capital Management LP, Nichols Weston
Role
10% Owner | 10% Owner
Bought
520 shs ($6K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common stock, $0.001 par value per share | 520 | $10.60 | $6K |
Holdings After Transaction:
Common stock, $0.001 par value per share — 1,538,296 shares (Indirect, See footnote)
Footnotes (1)
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Key Figures
Shares purchased: 520 shares
Purchase price: $10.60 per share
Indirect holdings after trade: 1,538,296 shares
+1 more
4 metrics
Shares purchased
520 shares
Open-market purchase of common stock
Purchase price
$10.60 per share
Price for non-derivative open-market transaction
Indirect holdings after trade
1,538,296 shares
Total common stock held indirectly following transaction
Net buy shares
520 shares
Net change in position from this Form 4
Key Terms
open-market purchase, indirect ownership, beneficial ownership, pecuniary interest
4 terms
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.
indirect ownership financial
"direct_or_indirect: "I" and ownership_type: "indirect""
beneficial ownership financial
"disclaims beneficial ownership of the securities to which this filing relates"
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.
pecuniary interest financial
"except to the extent of his or its pecuniary interest therein"
FAQ
What insider transaction did Korro Bio (KRRO) report in this Form 4?
Korro Bio reported an indirect open-market purchase of 520 common shares at $10.60 each. The shares are held by Lynx1 Master Fund LP, linked to Lynx1 Capital Management LP and Weston Nichols, increasing the reported indirect holdings to 1,538,296 shares.
Who is the reporting person in the Korro Bio (KRRO) Form 4 filing?
The filing lists Lynx1 Capital Management LP and Weston Nichols as reporting persons and ten percent owners. The securities are held directly by Lynx1 Master Fund LP, for which Lynx1 Capital Management LP serves as investment manager, with each party disclaiming full beneficial ownership.
How is beneficial ownership described in the Korro Bio (KRRO) Form 4 footnote?
The footnote states that Lynx1 Master Fund LP holds the securities directly, with Lynx1 Capital Management LP as investment manager. Lynx1 Capital Management LP and Weston Nichols each disclaim beneficial ownership except to the extent of any pecuniary interest they may have in the securities.