Freenome, Inc. (FRNM) insider converts 30,000 Class B shares

Rhea-AI Filing Summary

Freenome, Inc. reported that former director Harlan Waksal converted 30,000 Class B Ordinary Shares into 30,000 shares of Common Stock on July 20, 2026, in connection with closing its business combination with Freenome Holdings, Inc. Following the conversion, he directly held 30,000 common shares.

Insider Trade Summary

Net Buyer: 30,000 shares

Net Buy 2 txns

Insider Waksal Harlan

Role Insider

Type	Security	Shares	Price	Value
Conversion	Class B Ordinary Shares F1	30,000	--	--
Conversion	Common Stock F1	30,000	--	--

Holdings After Transaction: Class B Ordinary Shares — 0 shares (Direct); Common Stock — 30,000 shares (Direct)

Footnotes (1)

1. F1. Pursuant to the Business Combination Agreement, dated December 5, 2025 and amended on July 20, 2026 by and among the Issuer, Freenome Holdings, Inc. ("Old Freenome"), StarNet Merger Sub I, Corp., a wholly-owned subsidiary of the Issuer and StarNet Merger Sub II, LLC, a wholly owned subsidiary of the Issuer (the "BCA"), on July 20, 2026 (the "Closing Date"), the Issuer consummated its business combination with Old Freenome (the "Business Combination"). In connection with the closing of Business Combination, the Issuer's Class B Ordinary Shares converted into Class A Ordinary Shares on a one-to-one basis and subsequently converted into shares of Common Stock on a one-to-one basis.

Key Figures

Class B shares converted: 30,000 shares Common Stock received: 30,000 shares Closing Date: July 20, 2026 +2 more

5 metrics

Class B shares converted 30,000 shares Class B Ordinary Shares converted to Class A and then Common Stock on July 20, 2026

Common Stock received 30,000 shares Common Stock held directly by Harlan Waksal following the derivative conversion

Closing Date July 20, 2026 Date the business combination with Freenome Holdings, Inc. was consummated

Business Combination Agreement date December 5, 2025 Original date of the Business Combination Agreement later amended on July 20, 2026

Derivative exercise shares 30,000 shares ExerciseShares reported in transaction summary for the derivative conversion

Key Terms

Business Combination Agreement, Class B Ordinary Shares, Class A Ordinary Shares, Common Stock, +1 more

5 terms

Business Combination Agreement regulatory

"Pursuant to the Business Combination Agreement, dated December 5, 2025"

A business combination agreement is a detailed contract that lays out the terms for two companies to join together—covering price, how ownership will be split, the steps needed to close the deal, and what each side promises to do or avoid before closing. For investors it matters because the agreement determines potential changes in value, control, timing, and risk exposure—think of it like the playbook for a merger that shows who wins, who pays, and what could still derail the plan.

Class B Ordinary Shares financial

"the Issuer's Class B Ordinary Shares converted into Class A Ordinary Shares"

Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.

Class A Ordinary Shares financial

"converted into Class A Ordinary Shares on a one-to-one basis"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

Common Stock financial

"subsequently converted into shares of Common Stock on a one-to-one basis"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Closing Date regulatory

"on July 20, 2026 (the "Closing Date"), the Issuer consummated its business combination"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/29/2026 - 05:19 PM Accepted by SEC EDGAR 07/29/2026 - 05:19 PM Learn about SEC filing dates

FAQ

What transaction did the PCSC Form 4 report for Harlan Waksal?

It shows former director Harlan Waksal converted 30,000 Class B Ordinary Shares into 30,000 shares of Common Stock on July 20, 2026. This was a derivative conversion tied to Freenome’s business combination with Freenome Holdings, Inc., rather than an open‑market trade.

Was the PCSC Form 4 transaction a purchase or sale of Freenome shares?

The reported activity was a conversion of a derivative security, not a traditional market purchase or sale. Waksal disposed of 30,000 Class B Ordinary Shares and simultaneously acquired 30,000 Common shares, leaving his economic exposure unchanged at the time of the business combination.

How many Freenome (PCSC) shares does Harlan Waksal hold after the conversion?

After the conversion, Harlan Waksal directly holds 30,000 shares of Common Stock. His 30,000 Class B Ordinary Shares were converted one‑for‑one into Class A Ordinary Shares and then one‑for‑one into Common Stock in connection with the closing of Freenome’s business combination.

What corporate event triggered the share conversion reported for PCSC?

The conversion was triggered by Freenome’s business combination with Freenome Holdings, Inc., completed on July 20, 2026. Under the Business Combination Agreement, Class B Ordinary Shares converted into Class A Ordinary Shares and then into Common Stock on a one‑to‑one basis at closing.

Did the PCSC Form 4 indicate use of a Rule 10b5-1 trading plan?

No. The Rule 10b5‑1 checkbox was not affirmed, and the footnote only describes the Business Combination mechanics. This indicates the reported conversion occurred under the transaction terms of the combination, not pursuant to a pre‑arranged Rule 10b5‑1 trading plan.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Waksal Harlan

(Last) (First) (Middle)

C/O PERCEPTIVE CAPITAL SOLUTIONS HOLDING

51 ASTOR PLACE, 10TH FLOOR

(Street)

NEW YORK NEW YORK 10003

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Freenome, Inc. [ FRNM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Former Director

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/20/2026		C		30,000	A	(1)	30,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Ordinary Shares	(1)	07/20/2026		C			30,000	(1)	(1)	Common Stock	30,000	(1)	0	D

Explanation of Responses:

1. Pursuant to the Business Combination Agreement, dated December 5, 2025 and amended on July 20, 2026 by and among the Issuer, Freenome Holdings, Inc. ("Old Freenome"), StarNet Merger Sub I, Corp., a wholly-owned subsidiary of the Issuer and StarNet Merger Sub II, LLC, a wholly owned subsidiary of the Issuer (the "BCA"), on July 20, 2026 (the "Closing Date"), the Issuer consummated its business combination with Old Freenome (the "Business Combination"). In connection with the closing of Business Combination, the Issuer's Class B Ordinary Shares converted into Class A Ordinary Shares on a one-to-one basis and subsequently converted into shares of Common Stock on a one-to-one basis.

	/s/ Sam Cohn, as Attorney-in-Fact	07/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)