Mobia Medical CFO buys 5,000 MOBI shares
Mobia Medical, Inc.'s Chief Financial Officer, Curnes Nelson Bunker, purchased 5,000 shares of common stock in an open‑market transaction at a weighted average price of $12.7938 per share on June 9, 2026.
Rhea-AI Filing Summary
Mobia Medical, Inc.'s Chief Financial Officer, Curnes Nelson Bunker, purchased 5,000 shares of common stock in an open‑market transaction at a weighted average price of $12.7938 per share on June 9, 2026. Following the purchase, he directly holds 366,997 shares.
The filing also reflects prior restructuring entries tied to entities such as Curnes Fund 2001 and Exceller Hunt Microtransponder 2017, LP, which distributed shares to their members before the company’s initial public offering. Footnotes state Bunker received 58,359 shares in these pro rata in‑kind distributions, which remain subject to IPO lock‑up restrictions.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 5,000 shares
Net Buy
4 txns
Insider
Curnes Nelson Bunker
Role
Chief Financial Officer
Bought
5,000 shs ($64K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,000 | $12.7938 | $64K |
| Other | Common Stock | 249,750 | $0.00 | $0.00 |
| Other | Common Stock | 175,077 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 560,068 shares (Indirect, By Exceller Hunt Microtransponder 2017, LP);
Common Stock — 0 shares (Indirect, By Curnes Fund 2001);
Common Stock — 366,997 shares (Direct);
Common Stock — 5,742 shares (Indirect, By Family Trusts)
Footnotes (4)
- F1. This transaction occurred prior to the Issuer's registration of a class of equity securities under Section 12 of the Securities Exchange Act of 1934, as amended, in connection with the Issuer's initial public offering and is reported pursuant to Rule 16a-2(a).
- F2. Prior to the Issuer's initial public offering on May 7, 2026, the Curnes Fund 2001 and the Exceller Hunt Microtransponder 2017, LP distributed 175,077 and 249,750 shares of the Issuer's common stock, respectively, to their members (the "Distributions"). The Reporting Person received 58,359 shares of common stock in the Distributions. The Reporting Person's prior Form 3, dated May 7, 2026 and Form 4, dated May 11, 2026, inadvertently reported ownership prior to the Distributions. This Form 4 has been updated to reflect the Reporting Person's ownership following the Distributions. All shares in the Distributions remain subject to the lock-up restrictions implemented in connection with the initial public offering.
- F3. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.65 to $13.01. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer or the SEC Staff, upon request, full information regarding the number of shares purchased at each price within the range set forth above.
- F4. Includes 58,359 shares acquired in a pro rata distribution in kind, which was exempt from reporting pursuant to Rule 16a-13.
Key Figures
Open-market purchase: 5,000 shares
Purchase price: $12.7938 per share
Price range: $12.65–$13.01
+5 more
8 metrics
Open-market purchase
5,000 shares
CFO buy on June 9, 2026
Purchase price
$12.7938 per share
Weighted average for 5,000-share buy
Price range
$12.65–$13.01
Range of trade prices in the purchase
Direct holdings after trade
366,997 shares
CFO common stock position post-transaction
Restructuring shares
424,827 shares
Total J-code restructuring shares reported
Distribution shares received
58,359 shares
Pro rata in-kind distributions to CFO pre-IPO
Fund distributions
175,077 & 249,750 shares
Distributions by Curnes Fund 2001 and Exceller Hunt 2017 LP
Family trusts holding
5,742 shares
Indirect ownership by family trusts
Key Terms
Rule 16a-2(a), initial public offering, weighted average price, lock-up restrictions, +2 more
6 terms
Rule 16a-2(a) regulatory
"reported pursuant to Rule 16a-2(a)"
initial public offering financial
"in connection with the Issuer's initial public offering"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
weighted average price financial
"The price reported 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.
lock-up restrictions financial
"All shares in the Distributions remain subject to the lock-up restrictions"
A lock-up restriction is a temporary rule that prevents company insiders, early investors and employees from selling their shares for a set period after a public offering. It matters to investors because it limits how many shares can enter the market immediately—like a cooling-off period after a big sale—and when the restriction ends a large increase in available shares can put downward pressure on the stock price or reveal insiders’ confidence in the company.
pro rata distribution in kind financial
"Includes 58,359 shares acquired in a pro rata distribution in kind"
Form 4 regulatory
"This Form 4 has been updated to reflect the Reporting Person's ownership"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Mobia Medical (MOBI) report for its CFO?
Mobia Medical reported that CFO Curnes Nelson Bunker bought 5,000 shares of common stock in the open market. The weighted average purchase price was $12.7938 per share, reflecting a direct increase in his equity stake in the company.
What do the restructuring entries on Mobia Medical (MOBI) CFO’s Form 4 represent?
The Form 4 shows J‑code entries labeled as other transactions for interests held indirectly through Curnes Fund 2001 and Exceller Hunt Microtransponder 2017, LP. Footnotes describe these as pro rata distributions of shares to fund members before Mobia Medical’s initial public offering.
AI-generated analysis. How Rhea-AI works. Not financial advice.
