Korro Bio director sells 300 shares at $13.96
Korro Bio, Inc. (KRRO) director Jean Francois Formela, through investment funds associated with Atlas Venture, reported indirect sales of a total of 300 shares of common stock on August 26, 2026.
Rhea-AI Filing Summary
Korro Bio, Inc. (KRRO) director Jean Francois Formela, through investment funds associated with Atlas Venture, reported indirect sales of a total of 300 shares of common stock on August 26, 2026. The shares were sold pursuant to a Rule 10b5-1 trading plan at a weighted average price of about $13.96 per share, in multiple trades between $13.955 and $13.98. The shares are 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 his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 249 | $13.96 | $3K |
| Sale | Common Stock F1, F2, F4 | 51 | $13.96 | $711.96 |
Footnotes (4)
- F1. Shares were sold pursuant to a Rule 10b5-1 trading plan 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 $13.955 to $13.98 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
pecuniary interest financial
FAQ
What insider transaction did KRRO report for Jean Francois Formela?
Were the KRRO insider sales made under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.