Christopher Posner - 29 Feb 2024 Form 4 Insider Report for Cara Therapeutics, Inc. (TVRD)

Signature
/s/ Darren DeStefano, Attorney-in-Fact
Issuer symbol
TVRD
Transactions as of
29 Feb 2024
Net transactions value
-$5,192
Form type
4
Filing time
04 Mar 2024, 16:19:05 UTC
Previous filing
12 Feb 2024
Next filing
06 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CARA Common Stock Sale $5,192 -5,834 -3.1% $0.8900 180,521 29 Feb 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This sale was effected pursuant to a "sell to cover" arrangement adopted by the Reporting Person on November 2, 2022 in accordance with Rule 10b5-1 to satisfy the tax withholding obligations triggered by the vesting of restricted stock units and does not represent a discretionary trade by the Reporting Person.