Invus Global Management, LLC - 11 Dec 2025 Form 4 Insider Report for Scholar Rock Holding Corp (SRRK)

Role: 10%+ Owner
Signature: /s/ See Exhibit 99.1
Issuer symbol: SRRK
Transactions as of: 11 Dec 2025
Net transactions value: +$11,576,309
Form type: 4
Filing time: 06 Feb 2026, 17:35:54 UTC
Next filing: 04 Feb 2026
SEC: View on sec.gov

Reporting Owners (3)

Name	Relationship	Address	Signature	Signature date	CIK
Invus Global Management, LLC	10%+ Owner	750 LEXINGTON AVENUE, 30TH FLOOR, NEW YORK	/s/ See Exhibit 99.1	06 Feb 2026	0002005369
Siren, L.L.C.	10%+ Owner	750 LEXINGTON AVENUE, 30TH FLOOR, NEW YORK	/s/ See Exhibit 99.1	06 Feb 2026	0002005245
DEBBANE RAYMOND	10%+ Owner	750 LEXINGTON AVENUE, 30TH FLOOR, NEW YORK	/s/ See Exhibit 99.1	06 Feb 2026	0001053890

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SRRK	Common Stock	Exercise of in-the-money or at-the-money derivative security	$11,576,309	+1,575,008	+17%	$7.35	10,825,013	11 Dec 2025	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SRRK	Warrant (right to buy)	Exercise of in-the-money or at-the-money derivative security	$0	-1,575,008	-100%	$0.000000	0	11 Dec 2025	Common Stock	1,575,008	$7.35	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The general partner of Invus Public Equities, L.P. is Invus Public Equities Advisors, LLC. The managing member of Invus Public Equities Advisors, LLC is Invus Global Management, LLC. The managing member of Invus Global Management, LLC is Siren, L.L.C. The managing member of Siren, L.L.C. is Mr. Raymond Debbane.
F2	Each of the reporting persons (other than to the extent it directly holds securities reported herein), disclaims beneficial ownership of the securities held by the other reporting persons, except to the extent of such reporting person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Exchange Act, each of the reporting persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.

Content

The general partner of Invus Public Equities, L.P. is Invus Public Equities Advisors, LLC. The managing member of Invus Public Equities Advisors, LLC is Invus Global Management, LLC. The managing member of Invus Global Management, LLC is Siren, L.L.C. The managing member of Siren, L.L.C. is Mr. Raymond Debbane.

Each of the reporting persons (other than to the extent it directly holds securities reported herein), disclaims beneficial ownership of the securities held by the other reporting persons, except to the extent of such reporting person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Exchange Act, each of the reporting persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.