ORBIMED ADVISORS LLC - 21 Sep 2026 Form 4 Insider Report for Electra Therapeutics, Inc. (ETRA)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
23 Sep 2026, 17:29:42 UTC
Prior SEC filing
18 Sep 2026
Next SEC filing
24 Sep 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Carl L. Gordon, Member of OrbiMed Advisors LLC

Key filing fact

ORBIMED ADVISORS LLC filed Form 4 for Electra Therapeutics, Inc. (ETRA) on 23 Sep 2026.

Key facts

  • This page summarizes ORBIMED ADVISORS LLC's Form 4 filing for Electra Therapeutics, Inc. (ETRA).
  • 10 reported transactions and 12 derivative rows are listed below.
  • Accepted by SEC: 23 Sep 2026, 17:29.

Change

  • Previous filing in this sequence was filed on 18 Sep 2026.
  • Current net transaction value: $0.

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 (3)

CIK 0001055951 Primary reporting owner

ORBIMED ADVISORS LLC

Relationship
Director, 10%+ Owner
Address
601 LEXINGTON AVENUE, 54TH FLOOR, NEW YORK
Signature
/s/ Carl L. Gordon, Member of OrbiMed Advisors LLC
Signature date
23 Sep 2026
CIK 0001760648

OrbiMed Capital GP VII LLC

Relationship
Director, 10%+ Owner
Address
601 LEXINGTON AVENUE, 54TH FLOOR, NEW YORK
Signature
/s/ Carl L. Gordon, Member of OrbiMed Capital GP VII LLC
Signature date
23 Sep 2026
CIK 0001808744

OrbiMed Genesis GP LLC

Relationship
Director, 10%+ Owner
Address
601 LEXINGTON AVENUE, 54TH FLOOR, NEW YORK
Signature
/s/ Carl L. Gordon, Member of OrbiMed Genesis GP LLC
Signature date
23 Sep 2026

Reported non-derivative transactions

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

ETRA transaction

Common Stock

Conversion of derivative security

Transaction value
Shares
+2,002,310
Change %
Price
Shares after
2,002,310
Date
21 Sep 2026
Ownership
See footnotes
Footnotes
F1, F3, F5
ETRA transaction

Common Stock

Conversion of derivative security

Transaction value
Shares
+2,002,310
Change %
Price
Shares after
2,002,310
Date
21 Sep 2026
Ownership
See footnotes
Footnotes
F1, F3, F5
ETRA transaction

Common Stock

Conversion of derivative security

Transaction value
Shares
+2,002,310
Change %
Price
Shares after
2,002,310
Date
21 Sep 2026
Ownership
See footnotes
Footnotes
F1, F3, F5
ETRA transaction

Common Stock

Conversion of derivative security

Transaction value
Shares
+1,087,934
Change %
+54%
Price
Shares after
3,090,244
Date
21 Sep 2026
Ownership
See footnotes
Footnotes
F1, F3, F5
ETRA transaction

Common Stock

Conversion of derivative security

Transaction value
Shares
+1,087,934
Change %
+54%
Price
Shares after
3,090,244
Date
21 Sep 2026
Ownership
See footnotes
Footnotes
F1, F3, F5
ETRA transaction

Common Stock

Conversion of derivative security

Transaction value
Shares
+1,087,934
Change %
+54%
Price
Shares after
3,090,244
Date
21 Sep 2026
Ownership
See footnotes
Footnotes
F1, F3, F5
ETRA transaction

Common Stock

Conversion of derivative security

Transaction value
Shares
+1,703,314
Change %
+55%
Price
Shares after
4,793,558
Date
21 Sep 2026
Ownership
See footnotes
Footnotes
F1, F3, F5
ETRA transaction

Common Stock

Conversion of derivative security

Transaction value
Shares
+1,703,314
Change %
+55%
Price
Shares after
4,793,558
Date
21 Sep 2026
Ownership
See footnotes
Footnotes
F1, F3, F5
ETRA transaction

Common Stock

Conversion of derivative security

Transaction value
Shares
+1,703,314
Change %
+55%
Price
Shares after
4,793,558
Date
21 Sep 2026
Ownership
See footnotes
Footnotes
F1, F3, F5
ETRA transaction

Common Stock

Purchase

Transaction value
Shares
+333,333
Change %
+7%
Price
$15.00*
Shares after
5,126,891
Date
21 Sep 2026
Ownership
See footnotes
Footnotes
F2, F3, F5
ETRA transaction

Common Stock

Purchase

Transaction value
Shares
+333,333
Change %
+7%
Price
$15.00*
Shares after
5,126,891
Date
21 Sep 2026
Ownership
See footnotes
Footnotes
F2, F3, F5
ETRA transaction

Common Stock

Purchase

Transaction value
Shares
+333,333
Change %
+7%
Price
$15.00*
Shares after
5,126,891
Date
21 Sep 2026
Ownership
See footnotes
Footnotes
F2, F3, F5
ETRA transaction

Common Stock

Conversion of derivative security

Transaction value
Shares
+758,279
Change %
Price
Shares after
758,279
Date
21 Sep 2026
Ownership
See footnotes
Footnotes
F1, F4, F5
ETRA transaction

Common Stock

Conversion of derivative security

Transaction value
Shares
+758,279
Change %
Price
Shares after
758,279
Date
21 Sep 2026
Ownership
See footnotes
Footnotes
F1, F4, F5
ETRA transaction

Common Stock

Conversion of derivative security

Transaction value
Shares
+758,279
Change %
Price
Shares after
758,279
Date
21 Sep 2026
Ownership
See footnotes
Footnotes
F1, F4, F5
ETRA transaction

Common Stock

Purchase

Transaction value
Shares
+1,000,000
Change %
+132%
Price
$15.00*
Shares after
1,758,279
Date
21 Sep 2026
Ownership
See footnotes
Footnotes
F2, F4, F5
ETRA transaction

Common Stock

Purchase

Transaction value
Shares
+1,000,000
Change %
+132%
Price
$15.00*
Shares after
1,758,279
Date
21 Sep 2026
Ownership
See footnotes
Footnotes
F2, F4, F5
ETRA transaction

Common Stock

Purchase

Transaction value
Shares
+1,000,000
Change %
+132%
Price
$15.00*
Shares after
1,758,279
Date
21 Sep 2026
Ownership
See footnotes
Footnotes
F2, F4, F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ETRA transaction Derivative

Series A Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares
-2,002,310
Change %
-100%
Price
$0.000000*
Shares after
0
Date
21 Sep 2026
Ownership
See footnotes
Underlying class
Common Stock
Underlying amount
2,002,310
Exercise price
Footnotes
F1, F3, F5
ETRA transaction Derivative

Series A Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares
-2,002,310
Change %
-100%
Price
$0.000000*
Shares after
0
Date
21 Sep 2026
Ownership
See footnotes
Underlying class
Common Stock
Underlying amount
2,002,310
Exercise price
Footnotes
F1, F3, F5
ETRA transaction Derivative

Series A Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares
-2,002,310
Change %
-100%
Price
$0.000000*
Shares after
0
Date
21 Sep 2026
Ownership
See footnotes
Underlying class
Common Stock
Underlying amount
2,002,310
Exercise price
Footnotes
F1, F3, F5
ETRA transaction Derivative

Series B Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares
-1,087,934
Change %
-100%
Price
$0.000000*
Shares after
0
Date
21 Sep 2026
Ownership
See footnotes
Underlying class
Common Stock
Underlying amount
1,087,934
Exercise price
Footnotes
F1, F3, F5
ETRA transaction Derivative

Series B Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares
-1,087,934
Change %
-100%
Price
$0.000000*
Shares after
0
Date
21 Sep 2026
Ownership
See footnotes
Underlying class
Common Stock
Underlying amount
1,087,934
Exercise price
Footnotes
F1, F3, F5
ETRA transaction Derivative

Series B Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares
-1,087,934
Change %
-100%
Price
$0.000000*
Shares after
0
Date
21 Sep 2026
Ownership
See footnotes
Underlying class
Common Stock
Underlying amount
1,087,934
Exercise price
Footnotes
F1, F3, F5
ETRA transaction Derivative

Series C Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares
-1,703,314
Change %
-100%
Price
$0.000000*
Shares after
0
Date
21 Sep 2026
Ownership
See footnotes
Underlying class
Common Stock
Underlying amount
1,703,314
Exercise price
Footnotes
F1, F3, F5
ETRA transaction Derivative

Series C Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares
-1,703,314
Change %
-100%
Price
$0.000000*
Shares after
0
Date
21 Sep 2026
Ownership
See footnotes
Underlying class
Common Stock
Underlying amount
1,703,314
Exercise price
Footnotes
F1, F3, F5
ETRA transaction Derivative

Series C Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares
-1,703,314
Change %
-100%
Price
$0.000000*
Shares after
0
Date
21 Sep 2026
Ownership
See footnotes
Underlying class
Common Stock
Underlying amount
1,703,314
Exercise price
Footnotes
F1, F3, F5
ETRA transaction Derivative

Series C Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares
-758,279
Change %
-100%
Price
$0.000000*
Shares after
0
Date
21 Sep 2026
Ownership
See footnotes
Underlying class
Common Stock
Underlying amount
758,279
Exercise price
Footnotes
F1, F4, F5
ETRA transaction Derivative

Series C Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares
-758,279
Change %
-100%
Price
$0.000000*
Shares after
0
Date
21 Sep 2026
Ownership
See footnotes
Underlying class
Common Stock
Underlying amount
758,279
Exercise price
Footnotes
F1, F4, F5
ETRA transaction Derivative

Series C Convertible Preferred Stock

Conversion of derivative security

Transaction value
Shares
-758,279
Change %
-100%
Price
$0.000000*
Shares after
0
Date
21 Sep 2026
Ownership
See footnotes
Underlying class
Common Stock
Underlying amount
758,279
Exercise price
Footnotes
F1, F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Each share of Series A Convertible Preferred Stock, Series B Convertible Preferred Stock and Series C Convertible Preferred Stock (collectively, the "Preferred Stock") automatically converted into 1 share of Common Stock upon the closing of the Issuer's initial public offering on September 21, 2026 without payment of further consideration. The Preferred Stock has no expiration date.

Footnote F2

Reflects shares of the Issuer's Common Stock purchased in the Issuer's initial public offering.

Footnote F3

These securities are held directly by OrbiMed Private Investments VII, LP ("OPI VII"). OrbiMed Capital GP VII LLC ("GP VII") is the general partner of OPI VII. OrbiMed Advisors LLC ("OrbiMed Advisors") is the managing member of GP VII. By virtue of such relationships, GP VII and OrbiMed Advisors may be deemed to have voting power and investment power over the securities held by OPI VII and as a result, may be deemed to have beneficial ownership over such securities. OrbiMed Advisors exercises voting and investment power through a management committee comprised of Carl L. Gordon, W. Carter Neild, and Geoffrey C. Hsu, each of whom disclaims beneficial ownership of the shares held by OPI VII.

Footnote F4

These securities are held directly by OrbiMed Genesis Master Fund, L.P. ("OrbiMed Genesis"). OrbiMed Genesis GP LLC ("Genesis GP") is the general partner of OrbiMed Genesis. OrbiMed Advisors is the managing member of Genesis GP. By virtue of such relationships, Genesis GP and OrbiMed Advisors may be deemed to have voting power and investment power over the securities held by OrbiMed Genesis and as a result, may be deemed to have beneficial ownership over such securities. OrbiMed Advisors exercises voting and investment power through a management committee comprised of Carl L. Gordon, W. Carter Neild, and Geoffrey C. Hsu, each of whom disclaims beneficial ownership of the shares held by OrbiMed Genesis.

Footnote F5

This report on Form 4 is jointly filed by OrbiMed Advisors, GP VII and Genesis GP. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of its pecuniary interest therein, if any. The Reporting Persons have designated Carl L. Gordon, a member of OrbiMed Advisors, to serve on the Issuer's board of directors. This report shall not be deemed an admission that any of such entity or person is a beneficial owner of such securities for purposes of Section 16 of the Exchange Act, or for any other purpose.

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