Exicure HiTron trims Exicure (XCUR) stake with 258,367-share sale

Rhea-AI Filing Summary

Exicure HiTron Inc., a more than 10% owner of Exicure, Inc. (XCUR), reported a sale of common stock. On 01/21/2026, the reporting person sold 258,367 shares of Exicure common stock at a price of $4.5 per share in an open-market transaction coded as "S" for sale.

After this transaction, Exicure HiTron Inc. beneficially owned 1,598,947 shares of Exicure common stock, held in direct ownership form. This filing is a routine Form 4 disclosure of insider activity and does not by itself describe any change to Exicure’s underlying business operations.

Insider Trade Summary

Net Seller: 258,367 shares

Net Sell 1 txn

Insider Exicure HiTron Inc.

Role 10% Owner

Sold 258,367 shs ($1.16M)

Type	Security	Shares	Price	Value
Sale	Common Stock	258,367	$4.50	$1.16M

Holdings After Transaction: Common Stock — 1,598,947 shares (Direct)

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Accepted by SEC EDGAR 01/21/2026 - 12:46 PM Learn about SEC filing dates

FAQ

What insider transaction did Exicure HiTron Inc. report for Exicure (XCUR)?

Exicure HiTron Inc., a more than 10% owner of Exicure, Inc. (XCUR), reported selling 258,367 shares of Exicure common stock in a Form 4 filing.

On what date did Exicure HiTron Inc. sell Exicure (XCUR) shares and at what price?

The transaction took place on 01/21/2026, with Exicure HiTron Inc. selling the common stock at $4.5 per share.

How many Exicure (XCUR) shares does Exicure HiTron Inc. own after the reported sale?

Following the sale, Exicure HiTron Inc. beneficially owned 1,598,947 shares of Exicure common stock.

What type of security was involved in Exicure HiTron Inc.’s Form 4 transaction for XCUR?

The transaction involved common stock of Exicure, Inc. (XCUR), reported in the non-derivative securities table.

How is Exicure HiTron Inc. related to Exicure (XCUR)?

Exicure HiTron Inc. is reported as a more than 10% owner of Exicure, Inc., making it a significant shareholder under SEC rules.

Was the Exicure HiTron Inc. transaction reported as a direct or indirect holding of Exicure (XCUR) shares?

The Form 4 shows the holdings as direct ownership (D) by Exicure HiTron Inc.

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^*

Exicure HiTron Inc.

(Last) (First) (Middle)

99-13 MASAN-GIL, MIYANG-MYEON

(Street)

ANSEONG-SI, GYEONGGI-DO MA 17601

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
EXICURE, INC. [ XCUR ]

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)
01/21/2026

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

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

X	Form filed by One Reporting Person
	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	01/21/2026		S		258,367	D	$4.5	1,598,947	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

Explanation of Responses:

	Young Chul Han	01/21/2026
	** 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.