Scholar Rock Holding Corp
For the period ended Mar 31, 2025. Filed May 14, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 14, 2025
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Item 5. Other Information
Trading Plans
During the three months ended March 31, 2025, certain of our directors or officers adopted or terminated contracts, instructions or written plans for the purchase or sale of our securities as noted below:
| Name and Title | Type of Trading Arrangement | Action Taken (Date of Action) | Duration or End Date | Aggregate Number of Securities to be Sold | Description of Trading Arrangement |
|---|---|---|---|---|---|
| Michael Gilman, Board Member | Trading plan intended to satisfy the affirmative defense conditions of Securities Exchange Act Rule 10b5-1(c) | Adoption (February 27, 2025) | May 29, 2026 | 3,375 (1) | Sale of the Company's common stock pursuant to the terms of the plan |
| Akshay Vaishnaw, Board Member | Trading plan intended to satisfy the affirmative defense conditions of Securities Exchange Act Rule 10b5-1(c) | Adoption (February 27, 2025) | May 29, 2026 | 6,750 (1) | Sale of the Company's common stock pursuant to the terms of the plan |
| Richard Brudnick, Board Member | Trading plan intended to satisfy the affirmative defense conditions of Securities Exchange Act Rule 10b5-1(c) | Adoption (February 27, 2025) | May 29, 2026 | 6,075 (1) | Sale of the Company's common stock pursuant to the terms of the plan |
| Kristina Burrow, Board Member | Trading plan intended to satisfy the affirmative defense conditions of Securities Exchange Act Rule 10b5-1(c) | Adoption (February 27, 2025) | December 31, 2025 | 5,400 (1) | Sale of the Company's common stock pursuant to the terms of the plan |
| Joshua Reed, Board Member | Trading plan intended to satisfy the affirmative defense conditions of Securities Exchange Act Rule 10b5-1(c) | Adoption (February 27, 2025) | December 31, 2025 | 5,400 (1) | Sale of the Company's common stock pursuant to the terms of the plan |
| Mo Qatanani, CSO | Trading plan intended to satisfy the affirmative defense conditions of Securities Exchange Act Rule 10b5-1(c) | Adoption (March 31, 2025) | July 9, 2026 | 247,024 (2) | Exercises of vested stock options and sales of shares of the Company's common stock pursuant to the terms of the trading plan |
| Ted Myles, Former COO and CFO | Trading plan intended to satisfy the affirmative defense conditions of Securities Exchange Act Rule 10b5-1(c) | Termination (March 13, 2025) | March 13, 2025 | 232,939 (2) | Exercises of vested stock options and sales of shares of the Company's common stock pursuant to the terms of the trading plan |
Other than as disclosed above, no other officer or director adopted, modified or terminated a Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement (as such terms are defined in Item 408 of Regulation S-K) during the quarter ended March 31, 2025.
(1) This trading arrangement provides for the sale of shares with the proceeds of the sale delivered to the member of the board of directors to satisfy tax obligations upon the vesting and settlement of restricted stock units (“RSU”).
(2) These shares reflect the aggregate maximum number of RSUs prior to any non-discretionary sell-to-cover transactions in addition to other shares eligible to be sold pursuant to the plan. The Company has a non-discretionary sell-to-cover requirement to satisfy tax withholding obligations associated with RSU vesting for employees.
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