Ph.D. Noubar B. Afeyan - 11 Dec 2025 Form 4 Insider Report for Moderna, Inc. (MRNA)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
15 Dec 2025, 09:00:03 UTC
Prior SEC filing
01 May 2025
Next SEC filing
02 Mar 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Noubar B. Afeyan, Ph.D. By: /s/ Noubar B. Afeyan, Ph.D.

Key filing fact

Ph.D. Noubar B. Afeyan filed Form 4 for Moderna, Inc. (MRNA) on 15 Dec 2025.

Key facts

  • This page summarizes Ph.D. Noubar B. Afeyan's Form 4 filing for Moderna, Inc. (MRNA).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 15 Dec 2025, 09:00.

Change

  • Previous filing in this sequence was filed on 01 May 2025.
  • Current net transaction value: -$443,308.

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 (1)

CIK 0001222012 Primary reporting owner

AFEYAN NOUBAR

Relationship
Director
Address
C/O FLAGSHIP PIONEERING, INC., 55 CAMBRIDGE PARKWAY, SUITE 800E, CAMBRIDGE
Signature
Noubar B. Afeyan, Ph.D. By: /s/ Noubar B. Afeyan, Ph.D.
Signature date
15 Dec 2025

Reported non-derivative transactions

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

MRNA transaction

Common Stock

Options Exercise

Transaction value
$259,998
Shares
+23,853
Change %
+608%
Price
$10.90
Shares after
27,777
Date
11 Dec 2025
Ownership
By Flagship Pioneering, Inc.
Footnotes
F1, F2
MRNA transaction

Common Stock

Sale

Transaction value
$703,306
Shares
-23,853
Change %
-86%
Price
$29.48
Shares after
3,924
Date
11 Dec 2025
Ownership
By Flagship Pioneering, Inc.
Footnotes
F2
MRNA holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,880,328
Date
11 Dec 2025
Ownership
By Flagship Ventures Fund IV, L.P.
Footnotes
F3
MRNA holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
747,897
Date
11 Dec 2025
Ownership
By Flagship Ventures Fund IV-Rx, L.P.
Footnotes
F4
MRNA holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,224,015
Date
11 Dec 2025
Ownership
Direct

Reported derivative securities

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

MRNA transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-23,853
Change %
-100%
Price
$0.000000
Shares after
0
Date
11 Dec 2025
Ownership
By Flagship Pioneering, Inc.
Underlying class
Common Stock
Underlying amount
23,853
Exercise price
$10.90
Footnotes
F1, F2, 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

On December 11, 2025, Flagship Pioneering, Inc. ("Flagship Pioneering") exercised options to purchase 23,853 shares of the Issuer's Common Stock at $10.90 per share, which options were set to expire on February 23, 2026.

Footnote F2

The securities are held directly by Flagship Pioneering. Flagship Pioneering is contractually obligated to transfer and/or remit the proceeds of any sale of shares to Flagship Fund IV, L.P. ("Flagship Fund IV"). The reporting person is the CEO and sole stockholder of Flagship Pioneering and disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Footnote F3

The securities are held directly by Flagship Fund IV. Flagship Ventures Fund IV General Partner LLC ("Flagship Fund IV GP") is the general partner of Flagship Fund IV. The reporting person is the sole manager of Flagship Fund IV GP and disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Footnote F4

The securities are held directly by Flagship Ventures Fund IV-Rx, L.P. ("Flagship Fund IV-Rx"). Flagship Fund IV GP is the general partner of Flagship Fund IV-Rx. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Footnote F5

The options were fully vested and exercisable.

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