Steven Cohen’s Point72 discloses Viridian stake (VRDN)
Rhea-AI Filing Summary
Viridian Therapeutics, Inc. (VRDN) is reported to have 5,687,507 shares of its common stock beneficially owned, representing 5.0% of the class, by a group led by Point72 Asset Management, L.P., Point72 Capital Advisors, Inc., and Steven A. Cohen as of August 19, 2026.
The shares are held by Point72 Associates, LLC, an investment fund managed by Point72 Asset Management. The reporting persons have shared voting and dispositive power over these 5,687,507 shares and no sole voting or dispositive power. They state that the filing should not be construed as an admission of beneficial ownership under Section 13 of the Exchange Act.
Positive
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Negative
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Key Figures
Shares beneficially owned: 5,687,507 shares
Percent of class: 5.0%
Shared voting power: 5,687,507 shares
+1 more
4 metrics
Shares beneficially owned
5,687,507 shares
Common stock of Viridian Therapeutics, Inc. as of August 19, 2026
Percent of class
5.0%
Percentage of Viridian Therapeutics, Inc. common stock outstanding
Shared voting power
5,687,507 shares
Shares over which the reporting persons share voting power
Shared dispositive power
5,687,507 shares
Shares over which the reporting persons share dispositive power
Key Terms
Schedule 13G, beneficial owner, shared voting power, shared dispositive power, +1 more
5 terms
Schedule 13G regulatory
"they have agreed to file this jointly in accordance with the provisions of Rule 13d-1(k)"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficial owner regulatory
"beneficial owner of the Shares reported herein"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
investment management agreement financial
"Pursuant to an investment management agreement, Point72 Asset Management maintains"
An investment management agreement is a written contract that hires a professional to make buying, selling and strategy decisions for an investment account or fund, and sets out their duties, fees, risk limits, performance measures and reporting requirements. It matters to investors because the agreement determines who controls the money, how much the service costs, what risks are allowed, and how success or failure is measured—think of it as the service contract that defines expectations and remedies for a hired portfolio manager.
FAQ
What percentage of Viridian Therapeutics (VRDN) does the Point72 group report owning?
The filing reports that the Point72-related entities beneficially own 5.0% of the outstanding common stock of Viridian Therapeutics, Inc. This percentage is based on the company’s outstanding shares as of August 19, 2026.
Who are the reporting persons in this Schedule 13G for VRDN?
The reporting persons are Point72 Asset Management, L.P., Point72 Capital Advisors, Inc., and Steven A. Cohen. The shares are held by Point72 Associates, LLC, which is managed by Point72 Asset Management under an investment management agreement.
What is the relationship between Point72 Asset Management and Point72 Capital Advisors in this VRDN filing?
Point72 Asset Management, L.P. maintains investment and voting power over VRDN securities held by Point72 Associates, while Point72 Capital Advisors, Inc. is the general partner of Point72 Asset Management. Steven A. Cohen controls both entities, according to the disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.