Entrada Therapeutics insider sells 86,914 shares
Rhea-AI Filing Summary
Entrada Therapeutics, Inc. (TRDA) reported that investment entities affiliated with MPM BioVentures, including MPM BioVentures 2018, L.P., MPM BioVentures 2018 LLC and MPM BioVentures 2018 GP LLC as ten percent owners, conducted open‑market sales of Entrada common stock. Over August 27–31, 2026, these affiliated funds sold an aggregate 86,914 shares indirectly held, in three transactions of 38,922; 3,733; and 44,259 shares, at weighted average prices around $7 per share within disclosed price ranges. The shares are held across several MPM BioVentures funds, and each reporting person disclaims beneficial ownership except to the extent of its pecuniary interest. The Rule 10b5‑1 trading plan checkbox was not marked as applicable.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F8, F9, F4, F10 | 44,259 | $6.99 | $309K |
| Sale | Common Stock F5, F6, F4, F7 | 3,733 | $7.01 | $26K |
| Sale | Common Stock F1, F2, F3, F4 | 38,922 | $7.20 | $280K |
Footnotes (10)
- F1. The shares were sold as follows: 17,674 by MPM BioVentures 2014, L.P. ("BV 2014"), 1,179 by MPM BioVentures 2014(B), L.P. ("BV 2014(B)"), 608 by MPM Asset Management Investors BV2014 LLC ("AM BV2014"), 18,139 by MPM BioVentures 2018, L.P. ("BV 2018"), 964 by MPM BioVentures 2018 (B), L.P. ("BV 2018(B)") and 358 by MPM Asset Management Investors BV2018 LLC ("AM BV2018"). MPM BioVentures 2014 GP LLC and MPM BioVentures 2014 LLC ("BV2014 LLC") are the direct and indirect general partners of BV 2014 and BV 2014(B). BV2014 LLC is the manager of AM BV2014. MPM BioVentures 2018 GP LLC and MPM BioVentures 2018 LLC ("BV2018 LLC") are the direct and indirect general partners of BV 2018 and BV 2018(B). BV 2018 LLC is the manager of AM BV2018. Messrs. Evnin, Foley and Gadicke are managing directors of BV 2014 LLC and BV 2018 LLC.
- F2. Price represents the weighted average sale price of the shares sold. The sale price ranged from $6.88 to $7.37 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F3. The shares are held as follows: 1,943,217 by BV 2014, 129,609 by BV 2014(B), 66,886 by AM BV2014, 1,994,355 by BV 2018, 105,998 by BV 2018(B) and 39,361 by AM BV2018.
- F4. Each Reporting Person disclaims beneficial ownership of the securities except to the extent of his or its respective pecuniary interest therein.
- F5. The shares were sold as follows: 1,695 by BV 2014, 113 by BV 2014(B), 58 by AM BV2014, 1,740 by BV 2018, 93 by BV 2018(B) and 34 by AM BV2018.
- F6. Price represents the weighted average sale price of the shares sold. The sale price ranged from $6.95 to $7.24 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F7. The shares are held as follows: 1,941,522 by BV 2014, 129,496 by BV 2014(B), 66,828 by AM BV2014, 1,992,615 by BV 2018, 105,905 by BV 2018(B) and 39,327 by AM BV2018.
- F8. The shares were sold as follows: 20,097 by BV 2014, 1,341 by BV 2014(B), 692 by AM BV2014, 20,626 by BV 2018, 1,096 by BV 2018(B) and 407 by AM BV2018.
- F9. Price represents the weighted average sale price of the shares sold. The sale price ranged from $6.76 to $7.1626 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F10. The shares are held as follows: 1,921,425 by BV 2014, 128,155 by BV 2014(B), 66,136 by AM BV2014, 1,971,989 by BV 2018, 104,809 by BV 2018(B) and 38,920 by AM BV2018.
Key Figures
Key Terms
weighted average sale price financial
beneficial ownership financial
pecuniary interest financial
ten percent owner regulatory
indirect ownership financial
FAQ
What insider activity did TRDA report in this Form 4?
Were the TRDA insider sales made under a Rule 10b5-1 trading plan?
What were some reported post-transaction TRDA holdings for MPM BioVentures funds?
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