Gina Chapman - 18 Sep 2024 Form 4 Insider Report for CARGO Therapeutics, Inc. (CRGX)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
20 Sep 2024, 17:24:58 UTC
Prior SEC filing
14 Jun 2024
Next SEC filing
18 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Halley Gilbert, as attorney-in-fact for Gina Chapman

Key filing fact

Gina Chapman filed Form 4 for CARGO Therapeutics, Inc. (CRGX) on 20 Sep 2024.

Key facts

  • This page summarizes Gina Chapman's Form 4 filing for CARGO Therapeutics, Inc. (CRGX).
  • 6 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 20 Sep 2024, 17:24.

Change

  • Previous filing in this sequence was filed on 14 Jun 2024.
  • Current net transaction value: -$203,222.

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.

CRGX transaction

Common Stock

Options Exercise

Transaction value
$36,045
Shares
+7,166
Change %
+6.9%
Price
$5.03
Shares after
111,071
Date
18 Sep 2024
Ownership
Direct
CRGX transaction

Common Stock

Sale

Transaction value
$179,775
Shares
-7,166
Change %
-6.5%
Price
$25.09
Shares after
103,905
Date
18 Sep 2024
Ownership
Direct
Footnotes
F1, F2
CRGX transaction

Common Stock

Options Exercise

Transaction value
$14,964
Shares
+2,975
Change %
+2.9%
Price
$5.03
Shares after
106,880
Date
19 Sep 2024
Ownership
Direct
CRGX transaction

Common Stock

Sale

Transaction value
$74,457
Shares
-2,975
Change %
-2.8%
Price
$25.03
Shares after
103,905
Date
19 Sep 2024
Ownership
Direct
Footnotes
F1, F3

Reported derivative securities

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

CRGX transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-7,166
Change %
-1.3%
Price
$0.000000
Shares after
552,490
Date
18 Sep 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,166
Exercise price
$5.03
Footnotes
F4
CRGX transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-2,975
Change %
-0.54%
Price
$0.000000
Shares after
549,515
Date
19 Sep 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,975
Exercise price
$5.03
Footnotes
F4
* 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 4 footnotes

Footnote F1

The sale was effected pursuant to the Reporting Person's Rule 10b5-1 trading plan, adopted on March 25, 2024.

Footnote F2

This transaction was executed in multiple trades in prices ranging from $25.00 to $25.44, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

Footnote F3

This transaction was executed in multiple trades in prices ranging from $25.00 to $25.15, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

Footnote F4

25% of the shares subject to the option vest on the first anniversary measured from February 9, 2023 (the "Vesting Commencement Date"), and 1/48th of the total number of shares vest monthly thereafter, such that 100% of the shares subject to the option will be fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date.

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