ProKidney's Darin J. Weber converts 200K shares
A Class B share and its paired Common Unit may be exchanged for one Class A share, subject to agreement limitations.
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Rhea-AI Filing Summary
ProKidney Corp. Chief Regulatory Officer Darin J. Weber converted 200,000 shares of Class B Common Stock and 200,000 Common Units into 200,000 shares of Class A Common Stock on October 28, 2026. The paired securities may be exchanged one-for-one, subject to limitations in the applicable agreements. The reported post-transaction positions were 202,283 Class B shares, 202,283 Common Units, and 200,000 Class A shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F1, F2 | 200,000 | $0.00 | $0.00 |
| Conversion | Common Units in ProKidney Holdings, LLC F1, F3 | 200,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 200,000 | $0.00 | $0.00 |
Footnotes (3)
- F1. The shares of Class B Common Stock and the Common Units in ProKidney Holdings LLC (a "Common Unit") are paired securities. At the election of the reporting person and subject to the limitations set forth in the Amended and Restated Exchange Agreement, dated as of July 1, 2025, and the Second Amended and Restated Limited Liability Company Agreement of ProKidney Holdings, LLC, each share of Class B Common Stock, together with a paired Common Unit, may be exchanged for a share of Class A Common stock on a one-for-one basis.
- F2. The shares of Class B Common Stock were received pursuant to the terms of the Business Combination Agreement by and between the Issuer (formerly known as Social Capital Suvretta Holdings Corp. III) and ProKidney LP, dated as of January 18, 2022 (the "Business Combination Agreement"), in exchange for historical interests held by the reporting person in ProKidney LP. The shares of Class B Common Stock do not expire.
- F3. The Common Units were received pursuant to the terms of the Business Combination Agreement in exchange for historical interests held by the reporting person in ProKidney LP. The Common Units do not expire.
Key Figures
Key Terms
paired securities technical
one-for-one basis technical
Amended and Restated Exchange Agreement technical
Common Unit technical
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