Sensei director reports Series B preferred holdings
Sensei Biotherapeutics, Inc. director Stephen M. Hahn filed an initial ownership report on Form 3.
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Rhea-AI Filing Summary
Sensei Biotherapeutics, Inc. director Stephen M. Hahn filed an initial ownership report on Form 3. The filing shows his beneficial ownership of Series B Preferred Stock, which is a convertible security linked to the company’s common stock.
Each share of Series B Preferred Stock is convertible into 1,000 shares of common stock and has no expiration date, giving long-term equity exposure rather than a short-term trading position. The filing notes that this preferred stock position arose in connection with a completed merger involving Faeth Holdings Therapeutics, Inc. and related entities, where HoldCo common stock was converted into the right to receive shares of Sensei’s Series B Preferred Stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Series B Preferred Stock | -- | -- | -- |
Footnotes (3)
- F1. Subject to certain conditions set forth in the Certificate of Designation of Preferences, Rights and Limitations of the Series B Preferred Stock, each share of Series B Preferred Stock is convertible into 1,000 shares of the Issuer's Common Stock and has no expiration date.
- F2. Pursuant to February 17, 2026 Agreement and Plan of Merger (the "Merger Agreement"), by and among the Issuer, Sapphire First Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of the Issuer ("First Merger Sub"), Sapphire Second Merger Sub, LLC, a Delaware limited liability company and wholly owned subsidiary of the Issuer ("Second Merger Sub"), Faeth Holdings Therapeutics, Inc. ("HoldCo") and Faeth Therapeutics, LLC, a Delaware limited liability company and wholly owned subsidiary of HoldCo ("Faeth"), First Merger Sub merged with and into HoldCo, with HoldCo surviving the first merger as a wholly owned subsidiary of the Issuer, and immediately following the first merger, HoldCo merged with and into Second Merger Sub, with Second Merger Sub surviving the second merger as a wholly owned subsidiary of the Issuer (such mergers, the "Merger").
- F3. Footnote continued: Upon the closing of the Merger, shares of outstanding common stock of HoldCo were converted into the right to receive 44.763 shares of the Issuer's Series B Preferred Stock.
Key Figures
Key Terms
Series B Preferred Stock financial
Certificate of Designation of Preferences, Rights and Limitations regulatory
Agreement and Plan of Merger regulatory
Merger financial
underlying security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Stephen M. Hahn’s Form 3 for SNSE disclose?
How is Sensei Biotherapeutics’ Series B Preferred Stock structured?
How did Stephen M. Hahn receive Sensei Biotherapeutics’ Series B Preferred Stock?
Does the Series B Preferred Stock reported by Hahn have an expiration date?
What underlying security is linked to the Series B Preferred Stock in Hahn’s Form 3?
AI-generated analysis. How Rhea-AI works. Not financial advice.