Pillar Invest Corp - 12 Jul 2023 Form 4 Insider Report for Aceragen, Inc.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
19 Jul 2023, 16:05:10 UTC
Prior SEC filing
19 Jul 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Pillar Invest Corporation, /s/ Youssef El Zein, Authorized Person

Key filing fact

Pillar Invest Corp filed Form 4 for Aceragen, Inc. on 19 Jul 2023.

Key facts

  • This page summarizes Pillar Invest Corp's Form 4 filing for Aceragen, Inc..
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 19 Jul 2023, 16:05.

Change

  • Previous filing in this sequence was filed on 19 Jul 2023.
  • Current net transaction value: -$9,104.

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

Reported non-derivative transactions

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

ACGN transaction

Common Stock

Sale

Transaction value
$5,696
Shares
-3,605
Change %
-2.1%
Price
$1.58
Shares after
167,107
Date
12 Jul 2023
Ownership
By Abude Umari See Footnote
Footnotes
F1
ACGN transaction

Common Stock

Sale

Transaction value
$3,408
Shares
-2,213
Change %
-1.3%
Price
$1.54
Shares after
164,894
Date
13 Jul 2023
Ownership
By Abude Umari See Footnote
Footnotes
F1
ACGN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
355,247
Date
12 Jul 2023
Ownership
By Pillar Partners Foundation, L.P. See Footnote
Footnotes
F1
ACGN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
135,540
Date
12 Jul 2023
Ownership
By Pillar Pharmaceuticals 6, L.P. See Footnote
Footnotes
F1
ACGN holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,547
Date
12 Jul 2023
Ownership
By Youssef El Zein See Footnote
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Pillar Invest Corporation ("Pillar GP") is the general partner of Pillar Pharmaceuticals 6, L.P. ("Pillar 6") and Pillar Partners Foundation, L.P. ("Pillar Partners", together with Pillar GP and Pillar 6, the "Pillar Funds"). Youssef El Zein and Abude Umari are directors of Pillar GP. Each of Pillar GP, Mr. El Zein and Mr. Umari disclaims Section 16 beneficial ownership of the securities beneficially owned by the Pillar Funds and this report shall not be deemed an admission that any of Pillar GP, Mr. El Zein or Mr. Umari is the Section 16 beneficial owner of any such securities, except to the extent of its or his pecuniary interest therein, if any, by virtue of its or his ownership interest in the Pillar Funds or Pillar GP, as applicable.

SEC remarks

Mr. Umari's 29,965 shares of the Issuer's Common Stock purchased on May 17, 2023 are matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended, with Mr. Umari's sales of 3,605 shares of the Issuer's Common Stock on July 12, 2023 and of 2,213 shares of the Issuer's Common Stock on July 13, 2023. Mr. Umari has made arrangements with the Issuer to voluntarily disgorge $842.36 to the Issuer, which represents the full amount of Mr. Umari's short-swing profit realized from the matchable transactions as calculated pursuant to Section 16(b).

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