Two major holders buying stock in the open market at the same price suggests alignment and confidence. Monitor for any upcoming catalyst (data readout, partnership, financing) that may have prompted the purchases, as these insiders may have material non-public information.
Price Chart
Executive Summary
Two 10% owners of TRex Bio, Inc. made open-market purchases totaling $3.76M at $14.00/share within a 6-day window. The cluster also includes non-cash derivative conversions by a director and the same 10% owner, which have no economic impact. The open-market buys by major investors signal conviction at current levels, though the dollar amount is modest relative to a typical biotech market cap.
Key Financial Metrics
Key Facts
- SVLSF VI, LLC (10% owner) purchased 89,800 shares at $14.00 for $1.26M on 2026-10-08
- Alexandria Venture Investments, LLC (10% owner) purchased 178,600 shares at $14.00 for $2.50M on 2026-10-13
- Total open-market purchases: $3.76M
- Director Joel S. Marcus converted 203,699 shares of derivatives at $0 (non-cash) on 2026-10-13
- SVLSF VI, LLC also converted multiple derivative tranches totaling ~5.5M shares at $0 (non-cash) on 2026-10-13
- All derivative conversions are non-cash events with zero economic value
Financial Impact
$3.76M in open-market purchases by two 10% owners at $14.00/share
Risk Factors
- Derivative conversions by SVLSF VI, LLC add ~5.5M shares to the outstanding count, increasing dilution risk
- No C-suite insider participated in the open-market buys, limiting the signal's predictive power
- Biotech insider clusters can be liquidity-driven; follow-up filings or lack thereof will clarify intent
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-TRXB-1792096466565 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 10d ago | SC 13G | $14.80 $14.44 | ▼ −2.43% | ▼ −2.77% | $14.00 (−5.41%) |
Oct 16, 2026 10d ago | SC 13D | $14.80 $14.44 | ▼ −2.43% | ▼ −2.77% | $14.00 (−5.41%) |
Oct 16, 2026 10d ago | SC 13D | $14.01 $14.80 | ▲ +5.64% | ▲ +5.22% | $14.00 (−0.07%) |
Oct 15, 2026 11d ago | Insider Cluster | $14.01 $14.80 | ▲ +5.64% | ▲ +5.22% | $14.00 (−0.07%) |
Oct 15, 2026 12d ago | SC 13G | $14.16 $14.01 | ▼ −1.06% | ▲ +0.05% | $14.00 (−1.13%) |
Oct 13, 2026 13d ago | Press Release | $13.50 $14.16 | ▲ +4.89% | ▲ +4.60% | $14.00 (+3.70%) |
Oct 9, 2026 17d ago | 424B4 | $14.03 $13.60 | ▼ −3.06% | ▼ −3.05% | $14.00 (−0.21%) |
Oct 9, 2026 18d ago | EFFECT | $14.00 $14.03 | ▲ +0.21% | ▲ +0.27% | $14.00 (0.00%) |
Oct 8, 2026 18d ago | 3 | $14.00 $14.03 | ▲ +0.21% | ▲ +0.27% | $14.00 (0.00%) |
Oct 8, 2026 18d ago | 3 | $14.00 $14.03 | ▲ +0.21% | ▲ +0.27% | $14.00 (0.00%) |
US Market Status
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