SION insider reports planned stock sales; AVF XI, AVOF II holdings disclosed
Rhea-AI Filing Summary
Sionna Therapeutics (SION) director reported open‑market sales of common stock executed under Rule 10b5‑1 trading plans. The filings list multiple sales on 10/16/2025, 10/17/2025, and 10/20/2025 at weighted average prices disclosed for each tranche.
Examples include 73,296 shares at $32.84 and 45,117 shares at $31.69 by Atlas Venture Fund XI, L.P., and 15,384 shares at $32.84 and 9,470 shares at $31.69 by Atlas Venture Opportunity Fund II, L.P. Following the reported transactions, Atlas Venture Fund XI, L.P. held 2,382,495 shares and Atlas Venture Opportunity Fund II, L.P. held 701,985 shares, each reported as indirect holdings.
The footnotes state the plans were adopted on February 25, 2025 and that prices reflect weighted averages across ranges for each trade date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,485 | $31.79 | $651K |
| Sale | Common Stock | 4,300 | $31.79 | $137K |
| Sale | Common Stock | 25,788 | $32.33 | $834K |
| Sale | Common Stock | 5,412 | $32.33 | $175K |
| Sale | Common Stock | 28,821 | $32.10 | $925K |
| Sale | Common Stock | 6,049 | $32.10 | $194K |
| Sale | Common Stock | 21,451 | $32.71 | $702K |
| Sale | Common Stock | 4,503 | $32.71 | $147K |
| Sale | Common Stock | 248 | $33.47 | $8K |
| Sale | Common Stock | 52 | $33.47 | $2K |
| Sale | Common Stock | 8,596 | $30.15 | $259K |
| Sale | Common Stock | 1,804 | $30.15 | $54K |
| Sale | Common Stock | 45,117 | $31.69 | $1.43M |
| Sale | Common Stock | 9,470 | $31.69 | $300K |
| Sale | Common Stock | 73,296 | $32.84 | $2.41M |
| Sale | Common Stock | 15,384 | $32.84 | $505K |
| Sale | Common Stock | 12,888 | $33.38 | $430K |
| Sale | Common Stock | 2,705 | $33.38 | $90K |
Footnotes (1)
- This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by Atlas Venture Fund XI, L.P. on February 25, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.14 to $30.74 inclusive. The Reporting Persons undertake 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 within the ranges set forth in footnotes (2), (6), (7), (8), (9), (10), (11), (12) and (13). These shares are held directly by Atlas Venture Fund XI, L.P. ("AVF XI "). The general partner of AVF XI is Atlas Venture Associates XI, L.P. ("AVA XI LP"). Atlas Venture Associates XI, LLC ("AVA XI LLC") is the general partner of AVA XI LP. The Reporting Person is a member of AVA XI LLC and disclaims beneficial ownership of such securities held by AVF XI, except to the extent of his pecuniary interest therein, if any. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by Atlas Venture Opportunity Fund II, L.P. on February 25, 2025. These shares are held directly by Atlas Venture Opportunity Fund II, L.P. ("AVOF II"). The general partner of AVOF II is Atlas Venture Associates Opportunity II, L.P. ("AVAO II LP"). Atlas Venture Associates Opportunity II, LLC ("AVAO II LLC") is the general partner of AVAO II LP. The Reporting Person is a member of AVAO II LLC and disclaims beneficial ownership of such securities held by AVOF II, except to the extent of his pecuniary interest therein, if any. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.21 to $32.205 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.21 to $33.205 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.21 to $33.86 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.325 to $32.32 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.335 to $33.25 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.47 to $33.475 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.06 to $32.05 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.06 to $32.59 inclusive.