Jennifer Michaelson - 20 Feb 2026 Form 4 Insider Report for Cullinan Therapeutics, Inc. (CGEM)

Signature
/s/ Jacquelyn Sumer, Attorney-in-Fact
Issuer symbol
CGEM
Transactions as of
20 Feb 2026
Net transactions value
-$130,966
Form type
4
Filing time
23 Feb 2026, 17:00:06 UTC
Previous filing
19 Feb 2026
Next filing
25 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Michaelson Jennifer Chief Scientific Officer C/O CULLINAN THERAPEUTICS, INC., ONE MAIN STREET, SUITE 1350, CAMBRIDGE /s/ Jacquelyn Sumer, Attorney-in-Fact 23 Feb 2026 0001838061

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CGEM Common Stock Sale $50,966 -3,742 -2% $13.62 181,977 20 Feb 2026 Direct F1
transaction CGEM Common Stock Options Exercise $34,400 +8,000 +4.4% $4.30 189,977 20 Feb 2026 Direct
transaction CGEM Common Stock Sale $114,400 -8,000 -4.2% $14.30 181,977 20 Feb 2026 Direct 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 CGEM Stock Option (Right to Buy) Options Exercise $0 -8,000 -6% $0.000000 124,987 20 Feb 2026 Common Stock 8,000 $4.30 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sale of shares to cover personal income tax obligations upon vesting of restricted stock units.
F2 Transaction effected pursuant to a plan established pursuant to Rule 10b5-1 on August 7, 2025.
F3 25% of the shares vested on July 4, 2020, and the remaining shares vested in 36 equal monthly installments thereafter.