Ansbert Gadicke - 07 Nov 2025 Form 4 Insider Report for Werewolf Therapeutics, Inc. (HOWL)

Reporting relationship: 10%+ Owner
Issuer ticker: HOWL
Reported as of: 07 Nov 2025
Net transaction value: -$241,278
SEC form: 4
Accepted by SEC: 12 Nov 2025, 19:31:55 UTC
Prior SEC filing: 06 Nov 2025
Next SEC filing: 17 Nov 2025
Source filing: View source filing
Reporting owner signature: /s/ Ansbert Gadicke, Manager of MPM Oncology Innovations Fund GP LLC, the GP of MPM Oncology Innovations Fund, L.P.

Key filing fact

Ansbert Gadicke filed Form 4 for Werewolf Therapeutics, Inc. (HOWL) on 12 Nov 2025.

Key facts

This page summarizes Ansbert Gadicke's Form 4 filing for Werewolf Therapeutics, Inc. (HOWL).
4 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 12 Nov 2025, 19:31.

Change

Previous filing in this sequence was filed on 06 Nov 2025.
Current net transaction value: -$241,278.

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

Reporting Owners (7)

CIK 0001134655 Primary reporting owner

GADICKE ANSBERT

Relationship: 10%+ Owner
Address: C/O MPM BIOIMPACT LLC, 399 BOYLSTON STREET, SUITE 1100, BOSTON
Signature: /s/ Ansbert Gadicke, Manager of MPM Oncology Innovations Fund GP LLC, the GP of MPM Oncology Innovations Fund, L.P.
Signature date: 12 Nov 2025

CIK 0001719960

MPM ONCOLOGY INNOVATIONS FUND LP

Relationship: 10%+ Owner
Address: C/O MPM BIOIMPACT LLC, 399 BOYLSTON STREET, SUITE 1100, BOSTON
Signature: /s/ Ansbert Gadicke, Manager of MPM Oncology Innovations Fund GP LLC
Signature date: 12 Nov 2025

CIK 0001691428

UBS Oncology Impact Fund L.P.

Relationship: 10%+ Owner
Address: C/O MPM BIOIMPACT LLC, 399 BOYLSTON STREET, SUITE 1100, BOSTON
Signature: /s/ Ansbert Gadicke, Managing Partner of MPM BioImpact LLC
Signature date: 12 Nov 2025

CIK 0001721036

Oncology Impact Fund (Cayman) Management L.P.

Relationship: 10%+ Owner
Address: C/O MPM BIOIMPACT LLC, 399 BOYLSTON STREET, SUITE 1100, BOSTON
Signature: /s/ Ansbert Gadicke, member of MPM Asset Management LLC
Signature date: 12 Nov 2025

CIK 0001687078

MPM BioImpact LLC

Relationship: 10%+ Owner
Address: C/O MPM BIOIMPACT LLC, 399 BOYLSTON STREET, SUITE 1100, BOSTON
Signature: /s/ Ansbert Gadicke
Signature date: 12 Nov 2025

CIK 0001857903

MPM Oncology Innovations Fund GP LLC

Relationship: 10%+ Owner
Address: C/O MPM BIOIMPACT LLC, 399 BOYLSTON STREET, SUITE 1100, BOSTON
Signature: /s/ Ansbert Gadicke, Managing Partner of MPM BioImpact LLC, the GP of Oncology Impact Fund (Cayman) Management L.P., the GP of UBS Oncology Impact Fund, L.P.
Signature date: 12 Nov 2025

CIK 0001263048

MPM ASSET MANAGEMENT LLC

Relationship: 10%+ Owner
Address: C/O MPM BIOIMPACT LLC, 399 BOYLSTON STREET, SUITE 1100, BOSTON
Signature: /s/ Ansbert Gadicke, Managing Partner of MPM BioImpact LLC, the GP of Oncology Impact Fund (Cayman) Management L.P.
Signature date: 12 Nov 2025

Reported non-derivative transactions

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

HOWL transaction

Common Stock

Sale

Transaction value: $76,013
Shares: -68,480
Change %: -1.2%
Price: $1.11
Shares after: 5,836,240
Date: 07 Nov 2025
Ownership: See Footnotes
Footnotes: F1, F2, F3, F4, F5

HOWL transaction

Common Stock

Sale

Transaction value: $57,313
Shares: -48,570
Change %: -0.83%
Price: $1.18
Shares after: 5,787,670
Date: 10 Nov 2025
Ownership: See Footnotes
Footnotes: F1, F4, F6, F7, F8

HOWL transaction

Common Stock

Sale

Transaction value: $63,623
Shares: -55,810
Change %: -0.96%
Price: $1.14
Shares after: 5,731,860
Date: 11 Nov 2025
Ownership: See Footnotes
Footnotes: F1, F4, F9, F10, F11

HOWL transaction

Common Stock

Sale

Transaction value: $44,329
Shares: -40,669
Change %: -0.71%
Price: $1.09
Shares after: 5,691,191
Date: 12 Nov 2025
Ownership: See Footnotes
Footnotes: F1, F4, F12, F13, F14

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 14 footnotes

Footnote F1

Transaction effected pursuant to a plan established pursuant to Rule 10b5-1 dated September 24, 2025.

Footnote F2

The shares were sold as follows: 4,702 by MPM Asset Management LLC ("AM LLC"), 29,704 by MPM BioVentures 2014, L.P. ("BV 2014"), 1,981 by MPM BioVentures 2014(B), L.P. ("BV 2014(B)"), 1,022 by MPM Asset Management Investors BV2014 LLC ("AM BV2014"), 6,541 by MPM Oncology Innovations Fund, L.P. ("MPM OIF") and 24,530 by UBS Oncology Impact Fund L.P. ("UBS Oncology").

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.075 to $1.188 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F4

MPM BioVentures 2014 GP LLC and MPM BioVentures 2014 LLC ("BV LLC") are the direct and indirect general partners of BV 2014 and BV 2014(B). BV LLC is the manager of AM BV2014. MPM Oncology Innovations Fund GP LLC ("MPM OIF GP") is the general partner of MPM OIF. MPM BioImpact LLC ("BioImpact") is the General Partner of Oncology Impact Fund (Cayman) Management L.P., the General Partner of UBS Oncology. Ansbert Gadicke is a member of AM LLC, a managing director of BV LLC, a manager of MPM OIF GP and the managing partner of BioImpact. Each Reporting Person disclaims beneficial ownership of the securities except to the extent of his or its pecuniary interest therein.

Footnote F5

The shares are held as follows: 400,824 by AM LLC, 2,531,366 by BV 2014, 168,839 by BV 2014(B), 87,127 by AM BV2014, 555,368 by MPM OIF and 2,092,716 by UBS Oncology.

Footnote F6

The shares were sold as follows: 3,335 by AM LLC, 21,067 by BV 2014, 1,405 by BV 2014(B), 725 by AM BV2014, 4,640 by MPM OIF and 17,398 by UBS Oncology.

Footnote F7

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.145 to $1.21 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F8

The shares are held as follows: 397,489 by AM LLC, 2,510,299 by BV 2014, 167,434 by BV 2014(B), 86,402 by AM BV2014, 550,728 by MPM OIF and 2,075,318 by UBS Oncology.

Footnote F9

The shares were sold as follows: 3,832 by AM LLC, 24,208 by BV 2014, 1,615 by BV 2014(B), 832 by AM BV2014, 5,331 by MPM OIF and 19,992 by UBS Oncology.

Footnote F10

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.115 to $1.17 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F11

The shares are held as follows: 393,657 by AM LLC, 2,486,091 by BV 2014, 165,819 by BV 2014(B), 85,570 by AM BV2014, 545,397 by MPM OIF and 2,055,326 by UBS Oncology.

Footnote F12

The shares were sold as follows: 2,792 by AM LLC, 17,640 by BV 2014, 1,177 by BV 2014(B), 607 by AM BV2014, 3,885 by MPM OIF and 14,568 by UBS Oncology.

Footnote F13

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.065 to $1.145 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F14

The shares are held as follows: 390,865 by AM LLC, 2,468,451 by BV 2014, 164,642 by BV 2014(B), 84,963 by AM BV2014, 541,512 by MPM OIF and 2,040,758 by UBS Oncology.

SEC remarks

This filing is 1 of 2 identical filings due to limitations on number of Reporting Persons. See Form 4 filed by MPM BioVentures 2014, L.P.