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Reid Hoffman/Reprogrammed Interchange Sell 2.09M VOR Shares; 29.1% Stake Remains

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Amendment No. 1 to a Schedule 13D discloses that Reprogrammed Interchange LLC and Reid Hoffman together beneficially own 36,884,567 shares of Vor BioPharma Inc., representing 29.1% of the outstanding Common Stock. The amendment reports open-market sales by Reprogrammed Interchange LLC from August 25–28, 2025, totaling 2,089,534 shares. Reported weighted-average sale prices were $2.1163 on August 25, $2.0808 on August 26, $2.0053 on August 27 and $2.0115 on August 28. The filing states these sales reduced the Reporting Persons' holdings by more than one percent of the outstanding shares and otherwise incorporates prior Schedule 13D disclosures.

Positive

  • Transparency: The Reporting Persons promptly amended Schedule 13D to disclose open-market sales exceeding the one-percent threshold
  • Remaining stake: Reporting Persons continue to beneficially own a substantial 29.1% stake, preserving significant influence

Negative

  • Disposition of shares: Sale of 2,089,534 shares over four days reduced their economic exposure
  • Market timing: Weighted-average sale prices were near or below $2.12, indicating liquidation at modest prices

Insights

TL;DR: A >2.08M-share block was sold over four days, modestly reducing a near-30% stake; routine disclosure of open-market liquidity sales.

The reporting persons remain a large shareholder with 36,884,567 shares (29.1%) after the transactions. The four-day sale pattern and sub-$2.12 weighted average prices suggest the seller used open-market trades to monetize part of the position rather than a single block sale or a negotiated transaction. No additional purchases or other transactions in the prior 60 days are reported. This disclosure is material because it documents a multi-day reduction exceeding one percent of the outstanding class, but the filing does not state any change in control intentions or new arrangements.

TL;DR: Significant shareholder executed scheduled open-market sales; filing complies with Schedule 13D amendment requirements.

The amendment confirms continued shared voting and dispositive power over 36,884,567 shares. The sale of 2,089,534 shares was disclosed promptly via this Schedule 13D/A, addressing the regulatory threshold for amendments. The document indicates no new contracts, arrangements, or legal proceedings related to the securities. From a governance perspective, the Reporting Persons remain a prominent stakeholder but have partially reduced economic exposure through market sales.






If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D


Reprogrammed Interchange LLC
Signature:/s/ Frank Huang
Name/Title:Frank Huang, Manager
Date:08/29/2025
Reid Hoffman
Signature:/s/ Reid Hoffman
Name/Title:Reid Hoffman
Date:08/29/2025

FAQ

How many Vor Biopharma (VOR) shares do the Reporting Persons now beneficially own?

They beneficially own 36,884,567 shares, representing 29.1% of the outstanding common stock.

How many shares were sold and on what dates in the Schedule 13D/A?

Reprogrammed Interchange LLC sold a total of 2,089,534 shares across four dates: 387,346 on Aug 25, 284,190 on Aug 26, 611,647 on Aug 27 and 806,351 on Aug 28, 2025.

What weighted-average prices were reported for the sales?

Weighted-average sale prices reported were $2.1163 (Aug 25), $2.0808 (Aug 26), $2.0053 (Aug 27) and $2.0115 (Aug 28), 2025.

Did the filing report any new agreements, arrangements, or legal proceedings?

No. Item 6 states not applicable and no legal proceedings are disclosed in this amendment.

Were there any other transactions in the last 60 days reported?

Except for the transactions described in Item 4, the Reporting Persons state they have not effected any transactions in the issuer's common stock during the last 60 days.
Vor Biopharma Inc.

NASDAQ:VOR

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318.36M
37.51M
39.09%
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15.62%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States
BOSTON