Tourmaline Bio (TRML) director gifts 5,000 shares; 88,281 remain
Tourmaline Bio (TRML) disclosed a Form 4 showing a director made a charitable gift of company stock.
Rhea-AI Filing Summary
Tourmaline Bio (TRML) disclosed a Form 4 showing a director made a charitable gift of company stock. On 10/24/2025, the director donated 5,000 shares of common stock (transaction code G) at $0, classified as a gift to a donor‑advised fund for charitable purposes.
Following the transaction, the director beneficially owns 88,281 shares, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,000 shares gifted
Gift
1 txn
Insider
KANTOFF AARON
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 5,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 88,281 shares (Direct)
Footnotes (1)
- F1. Shares donated to a donor-advised fund, which will use the gifted shares for charitable purposes.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Tourmaline Bio (TRML) report?
A director reported a gift of 5,000 common shares on 10/24/2025 (transaction code G).
What does transaction code G indicate on a Form 4 for TRML?
Code G indicates a gift of securities; the filing states the shares were donated to a donor‑advised fund.
Does this Form 4 indicate use of a Rule 10b5-1 plan?
The excerpt does not indicate that this transaction was made under a Rule 10b5‑1(c) plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.