3 ·Filed Apr 16, 2026

KLRA

Kailera Therapeutics, Inc.
NEUTRAL
Impact 3/10
Horizonmonths Processed5mo ago SEC0001231919-26-000369
Form 3 — initial insider ownership statement
Actionable Insight • Neutral

This is a routine initial filing reflecting pre-IPO ownership structure. Traders should monitor for future Form 4 or Form 144 filings post-IPO for potential selling activity by RTW. The disclosure confirms RTW's significant pre-IPO stake, which may influence post-listing supply dynamics.

DirectionNeutral
Confidencehigh
Horizonmonths
Final — all horizons settled through T+60d ⚠ clustered
KLRA ▼ -26.88% at T+60d
NEUTRAL call ✗ call lost -26.88% · α vs SPY -33.03% · entry $26.00 → $19.01
Entry anchored
Apr 16, 2026
via day open
T+1d
-5.35%
call -5.35% · α -5.15%
$24.61
settled 6mo ago
T+5d
-13.58%
call -13.58% · α -14.13%
$22.47
settled 5mo ago
T+20d
-17.31%
call -17.31% · α -22.68%
$21.50
settled 5mo ago
T+60d
-26.88%
call -26.88% · α -33.03%
$19.01
settled 3mo ago

Price Chart

Loading chart...

Executive Summary

RTW Investments, LP and its Managing Partner Roderick Wong filed a Form 3 disclosing beneficial ownership of 10,276,820 shares of Kailera Therapeutics common stock, underlying Series A and Series B preferred stock held by affiliated funds. The shares will convert into common stock on a 1-for-1 basis prior to KLRA's initial public offering.

Key Facts

  • RTW Investments, LP and Roderick Wong filed initial Form 3 for beneficial ownership of securities in Kailera Therapeutics, Inc. (KLRA)
  • Reported holdings consist of 8,250,000 shares underlying Series A Preferred Stock and 2,026,820 shares underlying Series B Preferred Stock, totaling 10,276,820 common shares on conversion
  • All preferred shares will automatically convert into common stock on a 1-for-1 basis prior to KLRA's IPO
  • Roderick Wong is Managing Partner and Chief Investment Officer of RTW Investments, LP
  • The filing is an initial ownership disclosure; no transactions are reported

Financial Impact

10,276,820 shares to be converted into common stock upon IPO

share countownership structure

Risk Factors

  • Potential for future share dilution or selling pressure post-IPO from this large shareholder group
  • Lack of liquidity until IPO occurs

Investment Themes

Biotech & Drug Discovery

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
3 Filing (Primary)0001231919-26-000369
Document: 0001231919-26-000369-index.html0001231919-26-000369
Document: 0001231919-26-000369.txt0001231919-26-000369
29 reports for KLRA
Performance horizon
83% Hit rate 5 of 6 directional calls best @ T+20▲ +18.27%Jun 5, 2026
Filters
Rows
Reports for KLRA — sortable, filterable
TypeNow
Sep 9, 2026
22d ago
3
NEUTRAL ★ 1/10
$14.91 $12.92▼ −13.35%▼ −12.85%$10.39 (−30.32%)
Aug 12, 2026
7w ago
8-K
NEUTRAL ★ 4/10
$17.97 $17.47▼ −2.78%▼ −0.82%$10.39 (−42.18%)
Jul 31, 2026
9w ago
Court Ruling
NEUTRAL ★ 1/10
$16.94 $18.66▲ +10.15%▲ +6.64%$10.39 (−38.67%)
Jul 24, 2026
10w ago
Court Ruling
NEUTRAL ★ 1/10
$17.69 $17.05▼ −3.62%▼ −3.99%$10.39 (−41.27%)
Jun 5, 2026
16w ago
Press Release
BULLISH ★ 7/10
$19.70 $19.67▼ −0.15%▼ −2.26%$10.39 (−47.26%)
May 26, 2026
18w ago
8-K
NEUTRAL ★ 5/10
$21.91 $22.38▲ +2.15%▲ +1.68%$10.39 (−52.58%)
May 26, 2026
18w ago
Press Release
NEUTRAL ★ 4/10
$21.91 $22.59▲ +3.10%▲ +1.90%$10.39 (−52.58%)
May 13, 2026
20w ago
Press Release
NEUTRAL ★ 4/10
$21.11 $19.62▼ −7.06%▼ −5.90%$10.39 (−50.78%)
Apr 20, 2026
23w ago
8-K
BULLISH ★ 8/10
$25.22 $23.82▼ −5.55%▼ −6.63%$10.39 (−58.80%)
Apr 20, 2026
23w ago
Insider Cluster
BULLISH ★ 9/10
$24.61 $23.51▼ −4.47%▼ −5.38%$10.39 (−57.78%)
Showing 10 of 29

US Market Status

Market Closed — Opens Mon (38h 37m)

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