Reid Hoffman/Entity Reports $~2.00 Open-Market Sales; Retains 28% of VOR
Rhea-AI Filing Summary
Amendment No. 2 to Schedule 13D discloses that Reprogrammed Interchange LLC and Reid Hoffman collectively beneficially own 35,476,939 shares of Vor Biopharma Inc., representing 28.0% of the outstanding common stock. The amendment reports open-market sales by Reprogrammed Interchange LLC from August 25, 2025 through September 5, 2025 that reduced the reporting persons' stake by more than one percentage point. Recent dispositions total 3,497,162 shares sold in multiple transactions at weighted average prices around $2.00 per share. The filing amends prior Schedule 13D disclosures and otherwise leaves earlier statements unchanged.
Positive
- Full disclosure of recent transactions with dates, share counts, and weighted average prices provides transparency to the market
- Large residual stake remains: Reporting Persons continue to beneficially own 35,476,939 shares, representing 28.0% of the class
Negative
- Substantial open-market sales totaling 3,497,162 shares between August 25 and September 5, 2025, which reduced the Reporting Persons' holdings
- Concentrated selling occurred over a short period at weighted average prices near $2.00 per share
Insights
TL;DR: Significant insider-related selling reduced a large 28.0% position through block open-market trades near $2.00 per share.
Reprogrammed Interchange LLC and Reid Hoffman remain the beneficial owners of 35,476,939 shares (28.0%). The amendment itemizes recent, concentrated open-market sales totaling 3,497,162 shares executed between August 25 and September 5, 2025, with weighted average sale prices roughly in the $1.93–$2.12 range. For investors, the filing signals active disposition from a major holder and provides clear transaction-level detail; it does not describe any change in intent or new arrangements beyond the reported sales.
TL;DR: Reporting persons continue to disclose material changes; large share sales are documented but no new agreements or control changes are reported.
The amendment is focused on disclosure compliance: it supplements Item 4 and Item 5 to report multiple open-market sales and restates the aggregate beneficial ownership. There are no stated contracts, arrangements, or other understandings (Item 6 is "Not applicable"), and no legal proceedings disclosed. The filing therefore documents material transfers of stock without indicating any coordinated change in governance or new strategic arrangements.