STOCK TITAN

[Form 4] Tenaya Therapeutics, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Tingley Whittemore, Chief Medical Officer of Tenaya Therapeutics, Inc. (TNYA), reported three separate sales on 08/18/2025 to cover tax withholding for vested restricted stock units. Each sale was executed at a weighted average price of $1.253, with individual trade prices ranging from $1.18 to $1.32. The filings show dispositions of 1,608; 1,608; and 1,837 shares, leaving the reporting person with 176,248; 174,640; and 172,803 shares respectively after each transaction. The filing discloses remaining unvested RSUs that will result in future issuance: 103,132; 98,757; and 93,757 shares referenced in the explanatory footnotes. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.

Tingley Whittemore, Chief Medical Officer di Tenaya Therapeutics, Inc. (TNYA), ha dichiarato tre vendite separate effettuate il 18/08/2025 per coprire le ritenute fiscali su unità azionarie vincolate (RSU) maturate. Ciascuna vendita è stata eseguita a un prezzo medio ponderato di $1,253, con prezzi unitari compresi tra $1,18 e $1,32. Le comunicazioni indicano la disposizione di 1.608; 1.608; e 1.837 azioni, lasciando al dichiarante rispettivamente 176.248; 174.640; e 172.803 azioni dopo ogni operazione. Il documento segnala inoltre RSU non ancora maturate che daranno luogo a future emissioni: 103.132; 98.757; e 93.757 azioni, come riportato nelle note esplicative. Il Modulo 4 è stato firmato da un procuratore per conto del dichiarante.

Tingley Whittemore, Director Médico de Tenaya Therapeutics, Inc. (TNYA), informó tres ventas separadas el 18/08/2025 para cubrir las retenciones fiscales de unidades restringidas de acciones (RSU) que habían vencido. Cada venta se ejecutó a un precio medio ponderado de $1.253, con precios individuales entre $1.18 y $1.32. Los informes muestran la disposición de 1.608; 1.608; y 1.837 acciones, dejando al informante con 176.248; 174.640; y 172.803 acciones respectivamente después de cada operación. La presentación también revela RSU no devengadas que darán lugar a futuras emisiones: 103.132; 98.757; y 93.757 acciones, según las notas explicativas. El Formulario 4 fue firmado por un apoderado en nombre del informante.

팅글리 휘트모어(Tingley Whittemore) Tenaya Therapeutics, Inc.(TNYA) 최고의료책임자는 2025-08-18에 세금 원천징수를 충당하기 위해 성과가 확정된 제한부 주식단위(RSU)를 매각한 세 건의 거래를 보고했습니다. 각 매도는 가중평균 가격 $1.253에 체결되었고, 개별 거래 가격은 $1.18에서 $1.32 사이였습니다. 제출서류에는 각각 1,608; 1,608; 1,837주의 처분이 기재되어 있으며, 각 거래 후 보고자는 각각 176,248; 174,640; 172,803주를 보유하게 되었습니다. 각주에는 향후 발행될 미확정 RSU 수량이 103,132; 98,757; 93,757주로 기재되어 있습니다. Form 4는 보고자를 대신해 대리인이 서명했습니다.

Tingley Whittemore, Chief Medical Officer de Tenaya Therapeutics, Inc. (TNYA), a déclaré trois ventes séparées le 18/08/2025 pour couvrir les retenues fiscales liées aux unités d'actions restreintes (RSU) acquises. Chaque vente a été réalisée à un prix moyen pondéré de 1,253 $, les prix individuels variant de 1,18 $ à 1,32 $. Les déclarations indiquent la cession de 1 608; 1 608; et 1 837 actions, laissant le déclarant avec respectivement 176 248; 174 640; et 172 803 actions après chaque transaction. Le dépôt révèle également des RSU non acquises qui entraîneront des émissions futures : 103 132; 98 757; et 93 757 actions, mentionnées dans les notes explicatives. Le formulaire 4 a été signé par un mandataire au nom du déclarant.

Tingley Whittemore, Chief Medical Officer von Tenaya Therapeutics, Inc. (TNYA), meldete am 18.08.2025 drei separate Verkäufe zur Deckung der Steuerabzüge für ausgeübte Restricted Stock Units (RSUs). Jeder Verkauf erfolgte zu einem gewogenen Durchschnittspreis von $1,253, die Einzelpreise lagen zwischen $1,18 und $1,32. In den Meldungen sind Abgaben von 1.608; 1.608; und 1.837 Aktien angegeben, womit die meldende Person nach den jeweiligen Transaktionen noch 176.248; 174.640; bzw. 172.803 Aktien hält. Die Einreichung weist außerdem ungefallene RSUs aus, die zu künftigen Zuteilungen führen: 103.132; 98.757; und 93.757 Aktien, wie in den erläuternden Fußnoten angegeben. Das Formular 4 wurde von einem Bevollmächtigten im Namen der meldenden Person unterschrieben.

Positive
  • Disclosure compliance is complete: transaction dates, amounts, prices, resulting beneficial ownership, and explanatory footnotes are provided
  • Remaining RSU entitlements are explicitly disclosed (103,132; 98,757; 93,757 shares) and 6,000 shares from the 2021 ESPP are noted
Negative
  • Share disposals occurred: total of 5,053 shares sold on 08/18/2025 (1,608 + 1,608 + 1,837), reducing immediate shareholdings
  • Weighted average sale price is low ($1.253), indicating proceeds per share at that level (trades ranged $1.18–$1.32)

Insights

TL;DR: Routine tax-withholding sales for vested RSUs; disclosure and timing are standard, not an indicator of atypical trading.

The transactions disclosed are coded as sales to cover tax withholding related to the vesting of restricted stock units awarded on specific prior grant dates. The filing provides the weighted average sale price ($1.253) and a disclosed trade price range ($1.18–$1.32), and undertakes to provide detailed allocation of trades by price on request. Reporting compliance appears complete: transaction dates, amounts, resulting beneficial ownership, and explanatory footnotes are included, and the form is signed by an attorney-in-fact.

TL;DR: Sales are straightforward withholding mechanics tied to multiple RSU vesting events; remaining RSU pools are separately disclosed.

The Form 4 shows three separate dispositions all on the same date, each linked to distinct RSU grant vesting dates (Feb 15, 2023; Feb 23, 2024; Jan 24, 2025). Explanatory footnotes explicitly state the numbers of shares that remain issuable upon future vesting and note participation in the 2021 ESPP (6,000 shares). For stakeholders tracking insider-held equity, the filing clarifies net beneficial ownership after each withholding sale and documents compliance with Section 16 disclosure.

Tingley Whittemore, Chief Medical Officer di Tenaya Therapeutics, Inc. (TNYA), ha dichiarato tre vendite separate effettuate il 18/08/2025 per coprire le ritenute fiscali su unità azionarie vincolate (RSU) maturate. Ciascuna vendita è stata eseguita a un prezzo medio ponderato di $1,253, con prezzi unitari compresi tra $1,18 e $1,32. Le comunicazioni indicano la disposizione di 1.608; 1.608; e 1.837 azioni, lasciando al dichiarante rispettivamente 176.248; 174.640; e 172.803 azioni dopo ogni operazione. Il documento segnala inoltre RSU non ancora maturate che daranno luogo a future emissioni: 103.132; 98.757; e 93.757 azioni, come riportato nelle note esplicative. Il Modulo 4 è stato firmato da un procuratore per conto del dichiarante.

Tingley Whittemore, Director Médico de Tenaya Therapeutics, Inc. (TNYA), informó tres ventas separadas el 18/08/2025 para cubrir las retenciones fiscales de unidades restringidas de acciones (RSU) que habían vencido. Cada venta se ejecutó a un precio medio ponderado de $1.253, con precios individuales entre $1.18 y $1.32. Los informes muestran la disposición de 1.608; 1.608; y 1.837 acciones, dejando al informante con 176.248; 174.640; y 172.803 acciones respectivamente después de cada operación. La presentación también revela RSU no devengadas que darán lugar a futuras emisiones: 103.132; 98.757; y 93.757 acciones, según las notas explicativas. El Formulario 4 fue firmado por un apoderado en nombre del informante.

팅글리 휘트모어(Tingley Whittemore) Tenaya Therapeutics, Inc.(TNYA) 최고의료책임자는 2025-08-18에 세금 원천징수를 충당하기 위해 성과가 확정된 제한부 주식단위(RSU)를 매각한 세 건의 거래를 보고했습니다. 각 매도는 가중평균 가격 $1.253에 체결되었고, 개별 거래 가격은 $1.18에서 $1.32 사이였습니다. 제출서류에는 각각 1,608; 1,608; 1,837주의 처분이 기재되어 있으며, 각 거래 후 보고자는 각각 176,248; 174,640; 172,803주를 보유하게 되었습니다. 각주에는 향후 발행될 미확정 RSU 수량이 103,132; 98,757; 93,757주로 기재되어 있습니다. Form 4는 보고자를 대신해 대리인이 서명했습니다.

Tingley Whittemore, Chief Medical Officer de Tenaya Therapeutics, Inc. (TNYA), a déclaré trois ventes séparées le 18/08/2025 pour couvrir les retenues fiscales liées aux unités d'actions restreintes (RSU) acquises. Chaque vente a été réalisée à un prix moyen pondéré de 1,253 $, les prix individuels variant de 1,18 $ à 1,32 $. Les déclarations indiquent la cession de 1 608; 1 608; et 1 837 actions, laissant le déclarant avec respectivement 176 248; 174 640; et 172 803 actions après chaque transaction. Le dépôt révèle également des RSU non acquises qui entraîneront des émissions futures : 103 132; 98 757; et 93 757 actions, mentionnées dans les notes explicatives. Le formulaire 4 a été signé par un mandataire au nom du déclarant.

Tingley Whittemore, Chief Medical Officer von Tenaya Therapeutics, Inc. (TNYA), meldete am 18.08.2025 drei separate Verkäufe zur Deckung der Steuerabzüge für ausgeübte Restricted Stock Units (RSUs). Jeder Verkauf erfolgte zu einem gewogenen Durchschnittspreis von $1,253, die Einzelpreise lagen zwischen $1,18 und $1,32. In den Meldungen sind Abgaben von 1.608; 1.608; und 1.837 Aktien angegeben, womit die meldende Person nach den jeweiligen Transaktionen noch 176.248; 174.640; bzw. 172.803 Aktien hält. Die Einreichung weist außerdem ungefallene RSUs aus, die zu künftigen Zuteilungen führen: 103.132; 98.757; und 93.757 Aktien, wie in den erläuternden Fußnoten angegeben. Das Formular 4 wurde von einem Bevollmächtigten im Namen der meldenden Person unterschrieben.

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*
Tingley Whittemore

(Last) (First) (Middle)
C/O TENAYA THERAPEUTICS, INC.
171 OYSTER POINT BLVD., 5TH FLOOR

(Street)
SOUTH SAN FRANCISCO CA 94080

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Tenaya Therapeutics, Inc. [ TNYA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Medical Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/18/2025
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
Common Stock 08/18/2025 S(1) 1,608 D $1.253(2) 176,248(3) D
Common Stock 08/18/2025 S(4) 1,608 D $1.253(2) 174,640(5) D
Common Stock 08/18/2025 S(6) 1,837 D $1.253(2) 172,803(7) D
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
Explanation of Responses:
1. Shares sold to cover tax withholding obligations in connection with the vesting of restricted stock units awarded on February 15, 2023.
2. Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $1.18 to $1.32. Reporting Person undertakes to provide Tenaya Therapeutics, Inc., any security holder of Tenaya Therapeutics, Inc., 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 this footnote.
3. Includes 103,132 shares of Tenaya Therapeutics, Inc. common stock that will be issued to the Reporting Person upon vesting of restricted stock units and 6,000 shares of common stock acquired pursuant to the Tenaya Therapeutics, Inc. 2021 Employee Stock Purchase Plan on June 10, 2025.
4. Shares sold to cover tax withholding obligations in connection with the vesting of restricted stock units awarded on February 23, 2024.
5. Includes 98,757 shares of Tenaya Therapeutics, Inc. common stock that will be issued to the Reporting Person upon vesting of restricted stock units.
6. Shares sold to cover tax withholding obligations in connection with the vesting of restricted stock units awarded on January 24, 2025.
7. Includes 93,757 shares of Tenaya Therapeutics, Inc. common stock that will be issued to the Reporting Person upon vesting of restricted stock units.
/s/ Jennifer Drimmer Rokovich, Attorney-in-Fact 08/18/2025
** 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 transactions did TNYA Chief Medical Officer report on 08/18/2025?

Three sales of common stock to cover tax withholding related to RSU vesting: 1,608; 1,608; and 1,837 shares, all dated 08/18/2025.

At what price were the TNYA shares sold in the Form 4?

The filing reports a weighted average sales price of $1.253, with individual trade prices ranging from $1.18 to $1.32.

How many shares does the reporting person still beneficially own after these transactions?

The Form 4 shows resulting beneficial ownership figures of 176,248; 174,640; and 172,803 shares following each respective sale line.

Are there additional shares issuable to the reporting person from RSUs or ESPP?

Yes. The filing discloses 103,132; 98,757; and 93,757 RSU-related shares issuable upon vesting and 6,000 shares acquired via the 2021 ESPP on June 10, 2025.

Who signed the Form 4 filing for TNYA?

The Form 4 is signed by /s/ Jennifer Drimmer Rokovich, Attorney-in-Fact on behalf of the reporting person, dated 08/18/2025.
Tenaya Therapeutics, Inc.

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202.09M
161.35M
0.72%
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6.51%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States
SOUTH SAN FRANCISCO