VOR Form 4: Reprogrammed Interchange LLC and Reid Hoffman report 1.42M share sales

Rhea-AI Filing Summary

Vor Biopharma insider report: Reprogrammed Interchange LLC sold common stock on 08/27/2025 and 08/28/2025, and the report lists Reid Hoffman as a person who may be deemed a beneficial owner of shares held by Reprogrammed. The entity sold 611,647 shares on 08/27/2025 at a weighted average price of $2.0053 and sold 806,351 shares on 08/28/2025 at a weighted average price of $2.0115. After the 08/27 trades, Reprogrammed beneficially owned 37,690,918 shares; after the 08/28 trades it reported 36,884,567 shares. The filings state the 08/27 sales ranged from $1.99 to $2.10 and the 08/28 sales ranged from $1.95 to $2.075, and that full trade-level information will be provided upon request. The Form 4 is signed by Frank Huang as manager of Reprogrammed Interchange LLC and by Reid Hoffman, each dated 08/29/2025.

Positive

• Timely and detailed disclosure of share disposals including weighted average prices and trade ranges

Negative

• Large insider disposals: 611,647 shares sold on 08/27/2025 and 806,351 shares sold on 08/28/2025, reducing reported beneficial holdings from 37,690,918 to 36,884,567 shares
• Sales represent material volume for a single reporting entity; proceeds and rationale are not disclosed in the filing

Insights

Financial Analyst

TL;DR: Significant insider dispositions reported: roughly 1.42 million shares sold across two days at ~ $2.01 weighted average.

The filings show Reprogrammed Interchange LLC sold 611,647 shares on 08/27/2025 and 806,351 shares on 08/28/2025, reducing its reported beneficial holdings from 37.69 million to 36.88 million shares. The disclosed weighted average prices were $2.0053 and $2.0115, with trade price ranges provided for both days. These are material volumes of common stock for a single reporting entity; the report is clear on quantities and price ranges but does not include proceeds totals or intent. For market impact assessment, one would compare the sold volume to daily average volume and outstanding float, information not included in this filing.

Corporate Governance Expert

TL;DR: The Form 4 properly discloses sales and beneficial ownership; Reid Hoffman disclaims direct beneficial ownership beyond pecuniary interest.

The Form 4 indicates Reprogrammed Interchange LLC as the direct holder and identifies Reid Hoffman as having shared control and an indirect pecuniary interest in Reprogrammed, while disclaiming beneficial ownership except to the extent of pecuniary interest. Signatures for both the manager of Reprogrammed and Reid Hoffman are provided and dated 08/29/2025. The filing includes the Rule 10b5-1 referenced checkbox language but does not indicate a 10b5-1 plan was used. Disclosure obligations appear met within the content provided.

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^*

Reprogrammed Interchange LLC

(Last) (First) (Middle)

101 MISSION STREET, SUITE 1000

(Street)

SAN FRANCISCO CA 94105

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Vor Biopharma Inc. [ VOR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/27/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	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	08/27/2025		S		611,647	D	$2.0053(1)	37,690,918(2)	D
Common Stock	08/28/2025		S		806,351	D	$2.0115(3)	36,884,567(2)	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

1. Name and Address of Reporting Person^*

Reprogrammed Interchange LLC

(Last) (First) (Middle)

101 MISSION STREET, SUITE 1000

(Street)

SAN FRANCISCO CA 94105

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Hoffman Reid

(Last) (First) (Middle)

101 MISSION STREET, SUITE 1000

(Street)

SAN FRANCISCO CA 94105

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $1.99 to $2.10. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

2. The securities are held by Reprogrammed Interchange LLC ("Reprogrammed"). Reid Hoffman may be deemed a beneficial owner of securities held by Reprogrammed by virtue of his shared control over and indirect pecuniary interest in Reprogrammed. Mr. Hoffman disclaims beneficial ownership of the securities held by Reprogrammed, except to the extent of his pecuniary interest therein.

3. This transaction was executed in multiple trades at prices ranging from $1.95 to $2.075. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

	/s/ Frank Huang, Manager of Reprogrammed Interchange LLC	08/29/2025
	/s/ Reid Hoffman	08/29/2025
	** 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 did the Form 4 filed for VOR disclose?

The Form 4 disclosed that Reprogrammed Interchange LLC sold 611,647 shares on 08/27/2025 (weighted avg price $2.0053) and 806,351 shares on 08/28/2025 (weighted avg price $2.0115), with signatures dated 08/29/2025.

How many Vor Biopharma shares did Reprogrammed Interchange LLC own after the reported sales?

The filing reports 37,690,918 shares following the 08/27 trades and 36,884,567 shares following the 08/28 trades.

Does Reid Hoffman claim direct ownership of the shares reported?

The filing states Reid Hoffman may be deemed a beneficial owner of securities held by Reprogrammed due to shared control and indirect pecuniary interest, and he disclaims beneficial ownership

What price ranges were the sales executed at?

The 08/27/2025 sales ranged from $1.99 to $2.10; the 08/28/2025 sales ranged from $1.95 to $2.075. The reported prices are weighted averages of those trades.

Who signed the Form 4 and when?

The Form 4 is signed by Frank Huang, Manager of Reprogrammed Interchange LLC and by Reid Hoffman, each dated 08/29/2025.

Does the filing state whether trades were under a 10b5-1 plan?

The filing includes the checkbox language related to transactions pursuant to a plan, but it does not state