Mural Oncology plc (MURA) details CMO equity changes post-takeover deal
Rhea-AI Filing Summary
Mural Oncology plc reports insider equity changes tied to its cash acquisition by XRA 5 Corp., a wholly owned subsidiary of XOMA Royalty Corporation, effective December 5, 2025. Under the deal, all issued and to be issued shares of Mural Oncology were acquired for a cash price of $2.035 per ordinary share, and Chief Medical Officer Vicki L. Goodman disposed of 84,727 ordinary shares, leaving her with zero directly held shares.
The transaction also covered equity awards. A total of 71,509 unvested restricted stock units were cancelled and converted into the right to receive the same cash consideration per share. Stock options with exercise prices at or above the cash price, including options over 135,604 shares at $3.61 and 65,000 shares at $3.43, were cancelled at the effective time with no cash consideration delivered in exchange.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Stock Option (right to buy) | 135,604 | $0.00 | -- |
| Disposition | Stock Option (right to buy) | 65,000 | $0.00 | -- |
| Disposition | Ordinary Shares | 84,727 | $0.00 | -- |
Footnotes (1)
- Pursuant to the terms of the Transaction Agreement (the "Agreement"), dated August 20, 2025, by and among the Issuer, XRA 5 Corp. ("Sub"), a Delaware corporation and wholly-owned subsidiary of XOMA Royalty Corporation, a Nevada corporation, Sub acquired all the issued and to be issued share capital of the Issuer (the "Acquisition") for a cash purchase price of $2.035 per share (the "Scheme Consideration"), as of December 5, 2025 (the "Effective Time"). Includes the disposition of 71,509 unvested restricted stock units ("RSUs"). Pursuant to the Agreement, as of the Effective Time each RSU held by the Reporting Person that was outstanding as of immediately prior to the Effective Time (whether or not vested) was automatically cancelled and converted into the right to receive an amount equal to the Scheme Consideration. Pursuant to the terms of the Agreement, at the Effective Time each option to purchase ordinary shares of Issuer that had an exercise price per share that was equal to or greater than the Scheme Consideration was cancelled and ceased to be outstanding, and no Scheme Consideration was delivered in exchange for such options.
FAQ
What does Mural Oncology plc (MURA) describe in this Form 4 filing?
The filing describes how Chief Medical Officer Vicki L. Goodman disposed of her Mural Oncology equity in connection with the company’s cash acquisition by XRA 5 Corp., a wholly owned subsidiary of XOMA Royalty Corporation, effective December 5, 2025.
What happened to the Mural Oncology (MURA) restricted stock units held by the CMO?
The filing notes that the disposition includes 71,509 unvested restricted stock units (RSUs). As of the effective time, each RSU outstanding immediately before closing was automatically cancelled and converted into the right to receive cash equal to the $2.035 per share Scheme Consideration.
How were Mural Oncology (MURA) stock options treated in this transaction?
Under the Agreement, each option to purchase ordinary shares with an exercise price per share equal to or greater than $2.035 was cancelled at the effective time with no cash paid. This included options over 135,604 shares at $3.61 and 65,000 shares at $3.43, which ceased to be outstanding.