Rallybio (RLYB) gets new 10% insider filing from ADAR1 group
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Rallybio Corp reported that investment manager ADAR1 Capital Management, LLC and Daniel Schneeberger are each 10% owners of the company’s common stock. The Form 3 shows 623,879 shares of common stock held indirectly through private investment funds and separately managed accounts managed by ADAR1.
ADAR1 and Schneeberger may be deemed to indirectly beneficially own these shares but each disclaims beneficial ownership except to the extent of any pecuniary interest. The filing records an existing indirect holding rather than a new purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ADAR1 Capital Management, LLC, Schneeberger Daniel
Role
null | null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 623,879 shares (Indirect, See Footnote)
Footnotes (1)
- The reported securities are owned directly by private investment funds managed by ADAR1 Capital Management, LLC and separately managed accounts of ADAR1 Capital Management, LLC, and may be deemed to be indirectly beneficially owned by (i) ADAR1 Capital Management, LLC and (ii) Daniel Schneeberger, the sole manager of ADAR1 Capital Management, LLC. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, each Reporting Person disclaims beneficial ownership of any such securities, except to the extent of his/its pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or otherwise.
Key Figures
Indirect common shares held: 623,879 shares
1 metrics
Indirect common shares held
623,879 shares
Common Stock position reported on Form 3
Key Terms
indirectly beneficially owned, pecuniary interest, Section 16 of the Securities Exchange Act of 1934
3 terms
indirectly beneficially owned financial
"may be deemed to be indirectly beneficially owned by (i) ADAR1 Capital Management, LLC"
pecuniary interest financial
"disclaims beneficial ownership of any such securities, except to the extent of his/its pecuniary interest therein"
Section 16 of the Securities Exchange Act of 1934 regulatory
"For purposes of Section 16 of the Securities Exchange Act of 1934, as amended"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
FAQ
What does the Rallybio (RLYB) Form 3 filed by ADAR1 Capital show?
The Form 3 shows existing indirect holdings of Rallybio common stock. ADAR1 Capital-managed funds and accounts hold 623,879 shares, with ADAR1 and Daniel Schneeberger reported as 10% owners, while each disclaims beneficial ownership beyond any pecuniary interest.
Who are the reporting persons on the Rallybio (RLYB) Form 3 filing?
The reporting persons are ADAR1 Capital Management, LLC and Daniel Schneeberger. Both are listed as 10% owners, with the reported securities held by ADAR1-managed private investment funds and separately managed accounts rather than directly in their personal names.
How is beneficial ownership described for ADAR1 and Daniel Schneeberger in the Rallybio Form 3?
They may be deemed to indirectly beneficially own the reported securities through ADAR1-managed vehicles. However, each reporting person disclaims beneficial ownership of the securities except to the extent of his or its pecuniary interest, if any.