Rhythm Pharma director reports trust share distribution
Rhythm Pharmaceuticals director Edward T. Mathers reported an other type of insider transaction involving common stock.
Rhea-AI Filing Summary
Rhythm Pharmaceuticals director Edward T. Mathers reported an other type of insider transaction involving common stock. On March 2, 2026, NEA Partners 13, L.P. made a pro rata, no‑consideration distribution of Rhythm shares to its limited partners, and the Edward Timothy Mathers Revocable Trust received 4,198 shares. Mathers is trustee of this trust, which held 9,969 Rhythm shares indirectly after the transaction, while he also held 7,000 shares directly. He disclaims beneficial ownership of any portion of the trust’s holdings in which he has no pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 4,198 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. NEA Partners 13, L.P. ("NEA Partners 13") made a pro rata distribution for no consideration of shares of Common Stock of the Issuer to its limited partners on March 2, 2026. The Edward Timothy Mathers Revocable Trust (the "Mathers Trust") received 4,198 shares of Common Stock of the Issuer in the distribution by NEA Partners 13 on March 2, 2026.
- F2. The Reporting Person is the trustee of the Mathers Trust, which is the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities held by the Mathers Trust in which the Reporting Person has no pecuniary interest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Rhythm Pharmaceuticals (RYTM) report for Edward T. Mathers?
What are Edward T. Mathers’ indirect and direct RHYTHM PHARMACEUTICALS (RYTM) holdings after the transaction?
What is NEA Partners 13, L.P.’s role in the Rhythm Pharmaceuticals (RYTM) Form 4?
Does Edward T. Mathers claim full beneficial ownership of the Rhythm Pharmaceuticals (RYTM) shares held by the trust?
What transaction code was used in the Rhythm Pharmaceuticals (RYTM) Form 4 for Mathers’ trust?
AI-generated analysis. How Rhea-AI works. Not financial advice.