This insider cluster is too small to warrant a trading signal. Monitor for upcoming pipeline catalysts (Septerna is a clinical-stage biotech) and any material 8-K or press release that could move the stock. The director grants are standard compensation and carry no directional implication.
Price Chart
Executive Summary
Two Septerna insiders (SVP Drug Discovery and Chief People Officer) sold a combined $148K in open-market shares after exercising options. The sales represent ~0.009% of the $1.6B market cap — trivial and consistent with routine tax/vesting-related transactions. No material signal for the stock.
Key Financial Metrics
Key Facts
- Total open-market sales: $148K (0.009% of $1.6B market cap)
- Both sales occurred on the same day as option exercises (tax/vesting pattern)
- 7 directors received non-cash stock grants on 2026-06-26 (no economic value)
- Insider activity is routine and immaterial relative to company size
Financial Impact
Negligible — $148K in insider sales is less than 0.01% of market cap
Risk Factors
- No material risk identified from this filing
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SEPN-1783033258707 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 21d ago | Press Release | $38.51 $38.69 | ▲ +0.47% | ▲ +0.69% | $38.27 (−0.62%) |
Sep 3, 2026 28d ago | 3 | $36.75 $39.55 | ▲ +7.62% | ▲ +8.83% | $38.27 (+4.14%) |
Aug 25, 2026 5w ago | 8-K | $41.30 $37.68 | ▼ −8.77% | ▼ −8.23% | $38.27 (−7.34%) |
Aug 14, 2026 6w ago | Insider Cluster | $44.20 $40.52 | ▲ +8.33% | ▲ +7.14% | $38.27 (+13.42%) |
Aug 14, 2026 6w ago | Insider Cluster | $44.20 $40.52 | ▲ +8.33% | ▲ +7.14% | $38.27 (+13.42%) |
Aug 12, 2026 7w ago | 144 | $45.14 $40.79 | ▲ +9.64% | ▲ +7.67% | $38.27 (+15.22%) |
Aug 12, 2026 7w ago | 144 | $45.14 $40.79 | ▲ +9.64% | ▲ +7.67% | $38.27 (+15.22%) |
Aug 10, 2026 7w ago | 8-K | $47.76 $43.80 | ▼ −8.29% | ▼ −7.89% | $38.27 (−19.87%) |
Aug 10, 2026 7w ago | Press Release | $47.76 $43.80 | ▼ −8.29% | ▼ −7.89% | $38.27 (−19.87%) |
Jul 2, 2026 13w ago | Insider Cluster | $34.00 $37.84 | ▲ +11.29% | ▲ +10.36% | $38.27 (+12.56%) |
US Market Status
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