Jonathan Young - 08 Dec 2023 Form 4 Insider Report for Akero Therapeutics, Inc. (AKRO)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
12 Dec 2023, 16:43:30 UTC
Prior SEC filing
21 Nov 2023
Next SEC filing
18 Dec 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jonathan Young

Key filing fact

Jonathan Young filed Form 4 for Akero Therapeutics, Inc. (AKRO) on 12 Dec 2023.

Key facts

  • This page summarizes Jonathan Young's Form 4 filing for Akero Therapeutics, Inc. (AKRO).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 12 Dec 2023, 16:43.

Change

  • Previous filing in this sequence was filed on 21 Nov 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AKRO transaction

Common Stock

Award

Transaction value
$0
Shares
+32,497
Change %
+21%
Price
$0.000000
Shares after
185,674
Date
08 Dec 2023
Ownership
Direct
Footnotes
F1
AKRO holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
20,000
Date
08 Dec 2023
Ownership
By EA Irrevocable Trust
Footnotes
F2
AKRO holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
20,000
Date
08 Dec 2023
Ownership
By CM Irrevocable Trust
Footnotes
F2
AKRO holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
20,000
Date
08 Dec 2023
Ownership
By JL Irrevocable Trust
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AKRO transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value
$0
Shares
+146,237
Change %
Price
$0.000000
Shares after
146,237
Date
08 Dec 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
146,237
Exercise price
$19.87
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

These shares are represented by restricted stock units (the "RSUs"). Each RSU represents a contingent right to receive one share of Common Stock of the Issuer. The RSUs will vest in eight (8) equal semi-annual installments, commencing from December 8, 2023, subject to the Reporting Person's continuous service with the Issuer as of each such vesting date.

Footnote F2

These shares are held in irrevocable trusts for the benefit of the Reporting Person's children. The Reporting Person's spouse is trustee of the trusts. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

Footnote F3

This option shall vest and become exercisable in forty-eight (48) equal monthly installments, commencing from December 8, 2023, subject to the Reporting Person's continuous service with the Issuer as of each such vesting date.

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