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Form 4: Pardo Geoffrey B reports acquisition/exercise transactions in SGP

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

Rhea-AI Filing Summary

Pardo Geoffrey B reported acquisition or exercise transactions in a Form 4 filing for SGP. The filing lists transactions totaling 27,400 shares. Following the reported transactions, holdings were 27,400 shares.

Positive

  • None.

Negative

  • None.
Insider Pardo Geoffrey B
Role Director
Type Security Shares Price Value
Grant/Award Stock Option (right to buy) 27,400 $0.00 --
Holdings After Transaction: Stock Option (right to buy) — 27,400 shares (Direct)
Footnotes (1)
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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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Pardo Geoffrey B

(Last) (First) (Middle)
C/O SPYGLASS PHARMA, INC.
27061 ALISO CREEK RD., SUITE 100

(Street)
ALISO VIEJO CA 92656

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SpyGlass Pharma, Inc. [ SGP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/05/2026
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
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
Stock Option (right to buy) $16 02/05/2026 A 27,400 (1) 02/05/2036 Common Stock 27,400 $0 27,400 D
Explanation of Responses:
1. Subject to the Reporting Person's continuing as an Outside Director (as defined in the Issuer's 2026 Equity Incentive Plan) through such applicable vesting date, one thirty-sixth (1/36th) of the shares subject to the option shall vest each month following the Date of Grant on the same day of the month as the Date of Grant (and if there is no corresponding day, on the last day of the month). "Date of Grant" shall mean February 5, 2026.
/s/ Brian Aukshunas, as Attorney-in-Fact 02/09/2026
** 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 insider transaction did SpyGlass Pharma (SGP) report for Geoffrey B. Pardo?

SpyGlass Pharma reported a stock option grant to director Geoffrey B. Pardo. He received options on February 5, 2026 to acquire 27,400 shares of common stock at a $16 exercise price, subject to a multi-year vesting schedule tied to continued board service.

How many SpyGlass Pharma (SGP) shares are covered by Geoffrey Pardo’s stock options?

The granted stock options cover 27,400 SpyGlass Pharma common shares. These options give Pardo the right to buy that number of shares at a fixed $16 exercise price, contingent on the vesting schedule described in the company’s 2026 Equity Incentive Plan.

What is the exercise price of Geoffrey Pardo’s SpyGlass Pharma (SGP) stock options?

The stock options have an exercise price of $16 per share. This means Pardo may purchase up to 27,400 shares of SpyGlass Pharma common stock at $16 if and when the options vest and are exercised under the plan’s terms.

How do Geoffrey Pardo’s SpyGlass Pharma (SGP) options vest over time?

The options vest in 36 equal monthly installments. One thirty-sixth of the 27,400-option grant vests each month after the February 5, 2026 grant date, provided Pardo continues as an Outside Director through each applicable vesting date under the equity plan.

Is Geoffrey B. Pardo’s SpyGlass Pharma (SGP) option grant a direct holding?

Yes, the filing reports Pardo’s option holdings as direct ownership. After the February 5, 2026 grant, he directly holds 27,400 derivative securities in the form of stock options, reflecting a standard director equity compensation structure tied to ongoing board service.

When do Geoffrey Pardo’s SpyGlass Pharma (SGP) stock options expire?

The reported stock options expire on February 5, 2036. Pardo may exercise vested portions of the 27,400-share option grant any time before this expiration date, subject to plan terms and his continued status as an Outside Director for ongoing vesting.