TRDA insider update: 5AM funds sell 200K Entrada shares
Rhea-AI Filing Summary
Entrada Therapeutics, Inc. (TRDA) reported an insider transaction by funds affiliated with 5AM Venture Management. On 11/14/2025, the reporting persons sold 200,000 shares of Entrada common stock at a weighted average price of $8.80 per share, with individual trades executed between $8.80 and $9.023. After this sale, one fund held 2,963,066 shares directly, and another affiliated fund held 1,093,313 shares indirectly. The filing notes that managing members of the general partners may be deemed to share voting and investment power over these holdings and that some of them disclaim beneficial ownership beyond their economic interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 200,000 | $8.80 | $1.76M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.80 to $9.023 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 range set forth in this footnote. Shares are held by 5AM Ventures V, L.P. ("5AM V"). 5AM Partners V, LLC ("5AM Partners") is the sole general partner of 5AM V. Dr. Kush Parmar, Andrew J. Schwab and Dr. Scott M. Rocklage are managing members of 5AM Partners and may be deemed to have shared voting and investment power over the shares beneficially owned by 5AM V. Each of 5AM Partners, Mr. Schwab and Dr. Rocklage disclaims beneficial ownership of the shares of Common Stock held by 5AM V, except to the extent of its or his pecuniary interest therein. Dr. Parmar is a director of the Issuer and files separate Section 16 reports. Shares are held by 5AM Opportunities I, L.P. ("Opportunities"). 5AM Opportunities I (GP), LLC ("Opportunities GP") is the sole general partner of Opportunities. Andrew J. Schwab and Dr. Kush Parmar are managing members of Opportunities GP and may be deemed to have shared voting and investment power over the shares beneficially owned by Opportunities. Each of Opportunities GP and Mr. Schwab disclaims beneficial ownership of the shares of Common Stock held by Opportunities, except to the extent of its or his pecuniary interest therein. Dr. Parmar is a director of the Issuer and files separate Section 16 reports.
FAQ
Who are the key individuals associated with the 5AM entities in the Entrada Therapeutics (TRDA) Form 4?
The filing identifies Dr. Kush Parmar, Andrew J. Schwab, and Dr. Scott M. Rocklage as managing members of the relevant 5AM general partners, with shared voting and investment power over the funds’ Entrada holdings, subject to stated beneficial ownership disclaimers.
Is a director of Entrada Therapeutics (TRDA) involved in the 5AM holdings reported on this Form 4?
The filing notes that Dr. Kush Parmar is a director of Entrada Therapeutics and that he files separate Section 16 reports regarding his holdings.