[144] Oric Pharmaceuticals, Inc. SEC Filing
Rhea-AI Filing Summary
Oric Pharmaceuticals, Inc. notice reports a proposed sale of 250,000 common shares through J.P. Morgan Securities LLC on 09/22/2025 with an aggregate market value of $2,625,000. The issuer has 97,122,987 shares outstanding, making the offered amount a small fraction of total shares. The filer states the 250,000 shares were acquired in an open market purchase on 05/11/2022 and were paid for in cash. The filing reports no securities sold in the past three months and includes the seller's certification regarding absence of undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small, routine insider sale of 250,000 shares, not likely material to ORIC's market cap.
This Form 144 notifies the market of a planned brokered sale of 250,000 common shares via J.P. Morgan Securities LLC at an aggregate market value of $2,625,000. Relative to the 97,122,987 shares outstanding, the sale represents roughly 0.26% of the float, indicating limited direct dilution or supply shock. The shares were acquired in the open market on 05/11/2022 and paid in cash, consistent with routine liquidity actions rather than corporate actions. Absent additional context or large aggregated sales, this filing appears informational and non-material to valuation.
TL;DR: Compliance-focused disclosure; the filing documents a permitted sale and includes required seller certifications.
The Form 144 contains standard disclosures required under Rule 144: identity of broker, share count, acquisition date and method, and a representation about undisclosed material information. The absence of reported sales in the prior three months simplifies aggregation concerns. From a governance standpoint, the filing demonstrates procedural compliance with public disclosure obligations but does not indicate changes in ownership control or management position.