Jonathan Young - Sep 13, 2024 Form 4 Insider Report for Akero Therapeutics, Inc. (AKRO)

Role
Chief Operating Officer
Signature
/s/ Jonathan Young
Stock symbol
AKRO
Transactions as of
Sep 13, 2024
Transactions value $
-$14,870
Form type
4
Date filed
9/13/2024, 05:16 PM
Previous filing
Sep 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKRO Common Stock Sale -$14.9K -568 -0.24% $26.18 236K Sep 10, 2024 Direct F1
holding AKRO Common Stock 20K Sep 13, 2024 By EA Irrevocable Trust F2
holding AKRO Common Stock 20K Sep 13, 2024 By CM Irrevocable Trust F2
holding AKRO Common Stock 20K Sep 13, 2024 By JL Irrevocable Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. The Issuer has adopted a "sell-to-cover" policy to satisfy the tax withholding obligations of the Reporting Person. Such sales were automatic and not at the discretion of the Reporting Person.
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.