Skorpios Trust - 01 Dec 2022 Form 4 Insider Report for Akero Therapeutics, Inc. (AKRO)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
05 Dec 2022, 15:36:52 UTC
Prior SEC filing
30 Jun 2021
Next SEC filing
18 Apr 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Androulla Papadopoulou, Authorized Signatory on behalf of Skorpios Trust

Key filing fact

Skorpios Trust filed Form 4 for Akero Therapeutics, Inc. (AKRO) on 05 Dec 2022.

Key facts

  • This page summarizes Skorpios Trust's Form 4 filing for Akero Therapeutics, Inc. (AKRO).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 05 Dec 2022, 15:36.

Change

  • Previous filing in this sequence was filed on 30 Jun 2021.
  • Current net transaction value: -$71,166,000.

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.

AKRO transaction

Common Stock

Sale

Transaction value
$71,166,000
Shares
-1,636,000
Change %
-33%
Price
$43.50
Shares after
3,271,829
Date
01 Dec 2022
Ownership
See Footnote
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Skorpios Trust is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 1 footnote

Footnote F1

Blue Horizon Enterprise Ltd. ("Blue Horizon") is the direct owner of 2,346,298 shares of the issuer's common stock and Ezbon International Limited ("Ezbon") is the direct owner of 925,531 shares of the issuer's common stock. Skorpios Trust ("Skorpios") is the sole owner of each of Blue Horizon and Ezbon. Montrago Trustees Limited ("Montrago Trustees") is the corporate trustee of Skorpios Trust. Each of Blue Horizon and Ezbon disclaim beneficial ownership of the shares of the issuer's common stock held by the other, and each of Skorpios Trust and Montrago Trustees disclaim beneficial ownership of the issuer's securities except to the extent of their pecuniary interest therein.

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