STOCK TITAN

[Form 4] Rapport Therapeutics, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

David Bredt, Chief Scientific Officer of Rapport Therapeutics, Inc. (RAPP), reported sales of company common stock on 09/15/2025. The Form 4 shows two separate sale entries executed under a Rule 10b5-1 trading plan adopted on December 12, 2024: 5,098 shares sold at a weighted-average price of $23.8841 and 3,402 shares sold at a weighted-average price of $24.6583. The filing lists beneficial ownership amounts following the transactions as 421,544 and 418,142 shares respectively. The report was signed by an attorney-in-fact on behalf of the reporting person on 09/17/2025.

David Bredt, Chief Scientific Officer di Rapport Therapeutics, Inc. (RAPP), ha riportato la vendita di azioni ordinarie della società il 15/09/2025. Il Form 4 mostra due operazioni di vendita distinte effettuate nell'ambito di un piano di trading Rule 10b5-1 adottato il 12 dicembre 2024: 5.098 azioni vendute a un prezzo medio ponderato di 23,8841 dollari e 3.402 azioni vendute a un prezzo medio ponderato di 24,6583 dollari. La dichiarazione riporta le quote di possesso beneficiario dopo le operazioni come 421.544 e 418.142 azioni rispettivamente. Il rapporto è stato firmato da un procuratore in fact per conto della persona riportante il 17/09/2025.

David Bredt, Director Científico Principal de Rapport Therapeutics, Inc. (RAPP), informó la venta de acciones ordinarias de la compañía el 15/09/2025. El Formulario 4 muestra dos operaciones de venta separadas realizadas bajo un plan de negociación Rule 10b5-1 adoptado el 12 de diciembre de 2024: 5.098 acciones vendidas a un precio medio ponderado de 23,8841 dólares y 3.402 acciones vendidas a un precio medio ponderado de 24,6583 dólares. El registro detalla las participaciones beneficiosas tras las transacciones como 421.544 y 418.142 acciones, respectivamente. El informe fue firmado por un apoderado en nombre de la persona informante el 17/09/2025.

David Bredt, Rapport Therapeutics, Inc.의 최고 과학 책임자(CSO)는 회사의 보통주 매도를 2025년 9월 15일에 보고했습니다. Form 4는 2024년 12월 12일에 채택된 Rule 10b5-1 거래 계획에 따라 실행된 두 건의 매도를 보여주며: 가중평균가 23.8841달러로 매도된 5,098주와 가중평균가 24.6583달러로 매도된 3,402주입니다. 서류상 거래 후 유익한 소유 지분은 각각 421,544주와 418,142주로 나와 있습니다. 이 보고서는 2025년 9월 17일에 피고인(대리인)으로 서명되었습니다.

David Bredt, Directeur Scientifique en Chef de Rapport Therapeutics, Inc. (RAPP), a déclaré la vente d’actions ordinaires de la société le 15/09/2025. Le Form 4 montre deux entrées de vente distinctes effectuées dans le cadre d’un plan de trading Rule 10b5-1 adopté le 12 décembre 2024 : 5 098 actions vendues à un prix moyen pondéré de 23,8841 dollars et 3 402 actions vendues à un prix moyen pondéré de 24,6583 dollars. Le dépôt indique des montants de propriété bénéficiaire après les transactions comme 421 544 et 418 142 actions respectivement. Le rapport a été signé par un mandataire pour le compte de la personne signalante le 17/09/2025.

David Bredt, Chief Scientific Officer von Rapport Therapeutics, Inc. (RAPP), berichtete am 15.09.2025 über den Verkauf von Stammaktien des Unternehmens. Das Form 4 zeigt zwei separate Verkaufskennungen, die unter einem am 12.12.2024 angenommenen Rule 10b5-1-Handelsplan durchgeführt wurden: 5.098 Aktien zu einem gewichteten Durchschnittspreis von 23,8841 USD und 3.402 Aktien zu einem gewichteten Durchschnittspreis von 24,6583 USD. Die Einreichung listet nach den Transaktionen folgende beherrschende Eigentumsbeträge als 421.544 bzw. 418.142 Aktien auf. Der Bericht wurde am 17.09.2025 von einem Bevollmächtigten im Namen der meldenden Person unterschrieben.

ديفيد بريادت، المدير العلمي التنفيذي في شركة Rapport Therapeutics, Inc. (RAPP)، أبلغ عن بيع أسهم عادية للشركة في 15/09/2025. يُظهر النموذج 4 عمليتي بيع منفصلتين نفّذتا ضمن خطة تداول Rule 10b5-1 المعتمدة في 12 ديسمبر 2024: بيع 5,098 سهماً بسعر متوسط مرجح قدره 23.8841 دولار وبيع 3,402 أسهم بسعر متوسط مرجح قدره 24.6583 دولار. تقرر قائمة ملكية المستفيدين بعد المعاملات كـ 421,544 و 418,142 سهماً على التوالي. تم توقيع التقرير من قبل وكيل بالنيابة عن الشخص المبلغ عنه في 17/09/2025.

David Bredt,Rapport Therapeutics, Inc.(RAPP)的首席科学官,报告公司普通股的买卖,日期为2025-09-15。 Form 4显示在2024年12月12日通过的Rule 10b5-1交易计划下执行的两笔分开卖出:以加权平均价格23.8841美元卖出5,098股,以加权平均价格24.6583美元卖出3,402股。申报中交易后的受益所有权数量分别为421,544股和418,142股。该报告于2025-09-17由一名代理律师代表申报人签署。

Positive
  • Transactions executed under a Rule 10b5-1 trading plan, indicating pre-authorized trades
  • Form 4 filed promptly and includes weighted-average prices plus an undertaking to provide per-price details upon request
Negative
  • Insider sale of 8,500 shares (5,098 and 3,402 shares) which reduces officer ownership
  • Beneficial ownership reported to have decreased (figures shown as 421,544 and 418,142 following transactions)

Insights

TL;DR: Officer sold 8,500 RAPP shares under a pre-established 10b5-1 plan; transactions were disclosed promptly by Form 4.

The sales total 8,500 shares executed on 09/15/2025 in two groups with weighted-average prices of $23.8841 and $24.6583. The use of a Rule 10b5-1 trading plan indicates the trades were pre-authorized on December 12, 2024, which typically reduces the likelihood of opportunistic timing. The Form 4 shows beneficial ownership figures after each reported transaction (421,544 and 418,142 shares), and the filing was signed by an attorney-in-fact on 09/17/2025. For investors, this is a routine insider sale disclosure rather than an operational update.

TL;DR: Insider disposals were processed through an established 10b5-1 plan and properly reported.

The reporting person is identified as an officer (Chief Scientific Officer) and the filing documents that the transactions were executed pursuant to a Rule 10b5-1 plan adopted on December 12, 2024. The Form 4 includes the required weighted-average prices and an undertaking to provide per-price sale breakdowns upon request. The signature by an attorney-in-fact on 09/17/2025 is consistent with authorized filing practices. This filing meets disclosure requirements for officer trading activity.

David Bredt, Chief Scientific Officer di Rapport Therapeutics, Inc. (RAPP), ha riportato la vendita di azioni ordinarie della società il 15/09/2025. Il Form 4 mostra due operazioni di vendita distinte effettuate nell'ambito di un piano di trading Rule 10b5-1 adottato il 12 dicembre 2024: 5.098 azioni vendute a un prezzo medio ponderato di 23,8841 dollari e 3.402 azioni vendute a un prezzo medio ponderato di 24,6583 dollari. La dichiarazione riporta le quote di possesso beneficiario dopo le operazioni come 421.544 e 418.142 azioni rispettivamente. Il rapporto è stato firmato da un procuratore in fact per conto della persona riportante il 17/09/2025.

David Bredt, Director Científico Principal de Rapport Therapeutics, Inc. (RAPP), informó la venta de acciones ordinarias de la compañía el 15/09/2025. El Formulario 4 muestra dos operaciones de venta separadas realizadas bajo un plan de negociación Rule 10b5-1 adoptado el 12 de diciembre de 2024: 5.098 acciones vendidas a un precio medio ponderado de 23,8841 dólares y 3.402 acciones vendidas a un precio medio ponderado de 24,6583 dólares. El registro detalla las participaciones beneficiosas tras las transacciones como 421.544 y 418.142 acciones, respectivamente. El informe fue firmado por un apoderado en nombre de la persona informante el 17/09/2025.

David Bredt, Rapport Therapeutics, Inc.의 최고 과학 책임자(CSO)는 회사의 보통주 매도를 2025년 9월 15일에 보고했습니다. Form 4는 2024년 12월 12일에 채택된 Rule 10b5-1 거래 계획에 따라 실행된 두 건의 매도를 보여주며: 가중평균가 23.8841달러로 매도된 5,098주와 가중평균가 24.6583달러로 매도된 3,402주입니다. 서류상 거래 후 유익한 소유 지분은 각각 421,544주와 418,142주로 나와 있습니다. 이 보고서는 2025년 9월 17일에 피고인(대리인)으로 서명되었습니다.

David Bredt, Directeur Scientifique en Chef de Rapport Therapeutics, Inc. (RAPP), a déclaré la vente d’actions ordinaires de la société le 15/09/2025. Le Form 4 montre deux entrées de vente distinctes effectuées dans le cadre d’un plan de trading Rule 10b5-1 adopté le 12 décembre 2024 : 5 098 actions vendues à un prix moyen pondéré de 23,8841 dollars et 3 402 actions vendues à un prix moyen pondéré de 24,6583 dollars. Le dépôt indique des montants de propriété bénéficiaire après les transactions comme 421 544 et 418 142 actions respectivement. Le rapport a été signé par un mandataire pour le compte de la personne signalante le 17/09/2025.

David Bredt, Chief Scientific Officer von Rapport Therapeutics, Inc. (RAPP), berichtete am 15.09.2025 über den Verkauf von Stammaktien des Unternehmens. Das Form 4 zeigt zwei separate Verkaufskennungen, die unter einem am 12.12.2024 angenommenen Rule 10b5-1-Handelsplan durchgeführt wurden: 5.098 Aktien zu einem gewichteten Durchschnittspreis von 23,8841 USD und 3.402 Aktien zu einem gewichteten Durchschnittspreis von 24,6583 USD. Die Einreichung listet nach den Transaktionen folgende beherrschende Eigentumsbeträge als 421.544 bzw. 418.142 Aktien auf. Der Bericht wurde am 17.09.2025 von einem Bevollmächtigten im Namen der meldenden Person unterschrieben.

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
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Bredt David

(Last) (First) (Middle)
RAPPORT THERAPEUTICS, INC.
99 HIGH STREET, SUITE 2100

(Street)
BOSTON MA 02110

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Rapport Therapeutics, Inc. [ RAPP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Scientific Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 09/15/2025 S(1) 5,098 D $23.8841(2) 421,544 D
Common Stock 09/15/2025 S(1) 3,402 D $24.6583(3) 418,142 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
Explanation of Responses:
1. These transactions were effected by the Reporting Person pursuant to a Rule 10b5-1 trading plan adopted on December 12, 2024.
2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $23.42 to $24.41, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected.
3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $24.42 to $24.90, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price at which the transactions were effected.
/s/ Troy Ignelzi, Attorney-in-Fact 09/17/2025
** 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.

FAQ

What did RAPP insider David Bredt report on Form 4?

The filing reports that David Bredt, Chief Scientific Officer, sold a total of 8,500 shares of Rapport Therapeutics common stock on 09/15/2025.

Were the sales executed under a trading plan?

Yes. The transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on December 12, 2024.

What prices were the shares sold at?

The Form 4 reports weighted-average prices of $23.8841 for 5,098 shares and $24.6583 for 3,402 shares, with ranges noted in the filing.

How many shares does the filing show as beneficially owned after the transactions?

The filing lists beneficial ownership amounts following the reported transactions as 421,544 and 418,142 shares respectively.

Who signed the Form 4?

The Form 4 was signed by Troy Ignelzi, Attorney-in-Fact on behalf of the reporting person on 09/17/2025.
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Biotechnology
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United States
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