This is a small, recurring sale by a foundation affiliate with no insider (CEO/CFO) involvement. The pattern of identical monthly blocks suggests a 10b5-1 plan or systematic donation-related disposition. No material bearish signal — monitor for any acceleration in selling frequency or a change to open-market sales by officers.
Price Chart
Executive Summary
Erasca Foundation, a major affiliate holder, filed a Form 144 on August 17, 2026, signaling intent to sell 8,333 shares of Erasca, Inc. common stock, with an approximate market value of $152,419 based on the filing date price. The shares were acquired via donation on July 20, 2021, and the seller has also sold identical amounts in June and July 2026, suggesting a pre-arranged or periodic selling plan. The sale is small relative to the $6.4B market cap and the foundation's likely large position, making it a routine liquidity event with minimal directional signal for the stock.
Key Facts
- Erasca Foundation filed Form 144 to sell 8,333 shares of ERAS common stock.
- Estimated sale value ~$152,419 based on filing date.
- Shares were originally acquired via donation on July 20, 2021.
- The foundation sold identical 8,333-share blocks on June 15, 2026 and July 21, 2026, indicating a recurring pattern.
Financial Impact
Proposed sale of 8,333 shares worth ~$152,419 — less than 0.01% of Erasca's $6.4B market cap.
Risk Factors
- If the foundation accelerates selling beyond the current 8,333-share monthly pattern, it could signal reduced conviction from a major holder.
- No risk of material dilution given the tiny size relative to market cap.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001628280-26-057296 |
| Document: 0001628280-26-057296-index.html | 0001628280-26-057296 |
| Document: 0001628280-26-057296.txt | 0001628280-26-057296 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 24, 2026 5w ago | 8-K | $17.60 $15.55 | ▼ −11.65% | ▼ −12.96% | $14.94 (−15.09%) |
Aug 17, 2026 6w ago | 144 | $18.28 $16.16 | ▼ −11.60% | ▼ −10.07% | $14.94 (−18.24%) |
Aug 13, 2026 7w ago | Institutional Cluster | $17.86 $15.88 | ▼ −11.09% | ▼ −9.34% | $14.94 (−16.32%) |
Aug 12, 2026 7w ago | 3 | $17.86 $15.88 | ▼ −11.09% | ▼ −9.34% | $14.94 (−16.32%) |
Aug 11, 2026 7w ago | Press Release | $18.58 $16.03 | ▼ −13.72% | ▼ −11.83% | $14.94 (−19.56%) |
Jul 22, 2026 10w ago | Press Release | $19.51 $18.07 | ▲ +7.38% | ▲ +10.28% | $14.94 (+23.40%) |
Jul 14, 2026 11w ago | 8-K | $21.26 $18.58 | ▼ −12.61% | ▼ −14.95% | $14.94 (−29.70%) |
Jul 14, 2026 11w ago | 424B5 | $21.26 $18.58 | ▼ −12.61% | ▼ −14.95% | $14.94 (−29.70%) |
Jul 14, 2026 11w ago | Press Release | $19.50 $18.31 | ▲ +6.10% | ▲ +8.59% | $14.94 (+23.36%) |
Jul 13, 2026 11w ago | Press Release | $19.50 $18.31 | ▼ −6.10% | ▼ −8.59% | $14.94 (−23.36%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access