Atlas funds trim Kymera (NASDAQ: KYMR) stake under 10b5-1 plan
Rhea-AI Filing Summary
Kymera Therapeutics director-related entities reported an amended open-market sale of Kymera common stock. Entities associated with Bruce Booth, including Atlas Venture Fund X, L.P. and Atlas Venture Opportunity Fund I, L.P., sold a total of 76,650 shares of Kymera Therapeutics, Inc. on June 29, 2026.
The trades were executed as open-market sales at weighted average prices within ranges from about $105.02 to $111.63 per share under a Rule 10b5-1 trading plan adopted on December 11, 2025. The filing is an amendment that corrects previously misreported numbers of shares disposed and owned following the transactions. Booth reports these holdings indirectly through the Atlas funds and disclaims Section 16 beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Pre-planned fund-level sales totaling 76,650 Kymera shares, corrected via amended Form 4, look routine.
Entities affiliated with Bruce Booth sold 76,650 shares of Kymera Therapeutics common stock on June 29, 2026, across 14 open-market transactions. Prices ranged roughly from $105.02 to $111.63 per share, indicating execution over a trading range rather than a single block sale.
The sales were made under a pre-established Rule 10b5-1 trading plan adopted on December 11, 2025, which suggests these trades were scheduled in advance. The amendment corrects earlier misreported share amounts, improving data accuracy but not changing the economic substance. Booth reports the positions indirectly through Atlas funds and disclaims full Section 16 beneficial ownership, so activity reflects fund portfolio management rather than personal discretionary trading.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,549 | $105.78 | $587K |
| Sale | Common Stock | 14,798 | $106.63 | $1.58M |
| Sale | Common Stock | 19,419 | $107.76 | $2.09M |
| Sale | Common Stock | 10,848 | $108.28 | $1.17M |
| Sale | Common Stock | 7,968 | $109.75 | $874K |
| Sale | Common Stock | 7,723 | $110.67 | $855K |
| Sale | Common Stock | 934 | $111.20 | $104K |
| Sale | Common Stock | 770 | $105.78 | $81K |
| Sale | Common Stock | 2,133 | $106.63 | $227K |
| Sale | Common Stock | 2,698 | $107.76 | $291K |
| Sale | Common Stock | 1,498 | $108.28 | $162K |
| Sale | Common Stock | 1,104 | $109.75 | $121K |
| Sale | Common Stock | 1,078 | $110.67 | $119K |
| Sale | Common Stock | 130 | $111.20 | $14K |
Footnotes (1)
- This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by Atlas Venture Fund X, L.P. and Atlas Venture Opportunity Fund I, L.P. on December 11, 2025. The number of shares disposed and the number of shares owned following reported transaction were inadvertently misreported on the original Form 4. This represents to correct number. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.015 to $106.0145 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 ranges set forth in footnotes (3) and (5) through (10). These shares are held directly by Atlas Venture Fund X, L.P. ("Atlas Venture Fund X"). The general partner of Atlas Venture Fund X is Atlas Venture Associates X, L.P. ("AVA X LP"). Atlas Venture Associates X, LLC ("AVA X LLC") is the general partner of AVA X LP. The Reporting Person is a member of AVA X LLC and disclaims Section 16 beneficial ownership of the securities held by Atlas Venture Fund X, except to the extent of his pecuniary interest therein, if any. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.0271 to $106.96 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.03 to $108.0293 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.0326 to $109.019 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.034 to $109.96 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.09 to $111.08 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.09 to $111.63 inclusive. The shares are owned directly by Atlas Venture Opportunity Fund I, L.P. ("AVOF"). Atlas Venture Associates Opportunity I, L.P. ("AVAO LP") is the general partner of AVOF. Atlas Venture Associates Opportunity I, LLC ("AVAO LLC") is the general partner of AVAO LP. The Reporting Person is a member of AVAO LLC and disclaims Section 16 beneficial ownership of such securities held by AVOF, except to the extent of his pecuniary interest therein, if any.