Third Rock sells 697,500 RAPP shares in two transactions
Third Rock Ventures V, L.P. reported Rule 144 notices covering recent resale activity in the issuer's common stock.
Rhea-AI Filing Summary
Third Rock Ventures V, L.P. reported Rule 144 notices covering recent resale activity in the issuer's common stock. The filing lists sales of 426,005 shares on 04/17/2026 for $17,175,115.78 and 271,495 shares on 05/07/2026 for $47,826,929.00. The record also shows an original issuance of 2,803,200 shares on 02/21/2023 to the issuer for cash.
Positive
- None.
Negative
- None.
Insights
Rule 144 resale notices filed for two dated sales by Third Rock Ventures V, L.P.
The filing lists two resale transactions under Rule 144 with explicit sale dates and dollar proceeds. This is a regulatory notice that provides transfer details required for covered persons selling restricted or control securities.
Timing and dollar amounts are disclosed here; cash‑flow treatment indicates proceeds to the selling holder. Subsequent filings may show whether additional resale capacity remains.
Portfolio holder disclosed sizeable secondary sales; original issuance shown.
The notice shows an original issuance of 2,803,200 shares on 02/21/2023, then two reported sales in 04/2026 and 05/2026. These entries document liquidity events by the holder rather than company raises.
Investor relations impact is routine disclosure; market effect depends on trading context outside this excerpt.
Key Figures
Key Terms
Form 144 regulatory
Original Issuance financial
Rule 144 regulatory
Issuer financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What sales does the RAPP Form 144 list for Third Rock Ventures V, L.P.?
Who is the reported selling stockholder in this RAPP filing?
Do the listed dollar amounts reflect proceeds to the company?
What is the filing type and purpose for this RAPP submission?
AI-generated analysis. How Rhea-AI works. Not financial advice.