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Insider Trading Arrangements
3 Months Ended
Mar. 31, 2026
shares
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement

Item 5. Other Information

The following table describes for the three months ended March 31, 2026 each trading arrangement under which the Company's officers, directors or director affiliated investment funds adopted, materially modified, or terminated any contracts, instructions, or written plan for the purchase or sale of Company securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any non-Rule 10b5-1 trading arrangement.

 

Name and Position

 

Action

 

Adoption/
Termination
Date

 

Rule 10b5-1(1)

 

Non-Rule
10b5-1
(2)

 

Total Shares of
Common Stock
to be Sold

 

 

Expiration
Date

Robert Lechleider, Chief Medical Officer

 

Termination

 

March 26, 2026

 

X

 

 

 

 

110,000

 

 

December 31, 2026

Robert Lechleider, Chief Medical Officer

 

Adoption

 

March 26, 2026

 

X

 

 

 

 

110,000

 

 

December 31, 2026

Kinney Horn, Chief Business Officer

 

Adoption

 

March 30, 2026

 

X

 

 

 

 

132,853

 

 

January 15, 2027

Isaac Barchas, Director

 

Adoption

 

March 31, 2026

 

X

 

 

 

 

11,048

 

 

March 15, 2027

ABHMC II LLC, Investor (4)

 

Adoption

 

March 31, 2026

 

X

 

 

 

 

408,504

 

 

December 31, 2027

Arsenal Bridge Venture II-B LLC, Investor (5)

 

Adoption

 

March 31, 2026

 

X

 

 

 

 

1,050

 

 

December 31, 2027

 

(1)
Contract, instruction or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.
(2)
"Non-Rule 10b5-1 trading arrangement" as defined in Item 408(c) of Regulation S-K under the Exchange Act.
(3)
Represents the modification, as described in Rule 10b5-1(c)(1)(iv) under the Exchange Act, of a written plan adopted on December 24, 2025 that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.
(4)
The Rule 10b5-1 trading plan was adopted by ABHMC II LLC, or ABHMC. The shares held by ABHMC II LLC were received following an in-kind distribution of the Company's common stock from Arsenal Bridge Venture II, LLC, or ABV II, in accordance with its operating agreement. ABHMC is the managing member of ABV II. Mr. Barchas, a member of the Company's Board of Directors, is a managing member and holder of a power of attorney with the ability to exercise voting and investment power over the shares held by ABHMC. Mr. Barchas disclaims beneficial ownership of the shares covered by the Rule 10b5-1 trading plan, except to the extent of his pecuniary interest, if any.
(5)
The Rule 10b5-1 trading plan was adopted by Arsenal Bridge Venture II-B LLC, or ABV II-B. Mr. Barchas, a member of the Company's Board of Directors, is a co-founder and holder of a power of attorney with the ability to exercise voting and investment power over the shares held by ABV II-B. Mr. Barchas disclaims beneficial ownership of the shares covered by the Rule 10b5-1 trading plan, except to the extent of his pecuniary interest, if any.
Robert Lechleider  
Trading Arrangements, by Individual  
Name Robert Lechleider
Title Chief Medical Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 26, 2026
Rule 10b5-1 Arrangement Terminated true
Termination Date March 26, 2026
Expiration Date December 31, 2026
Aggregate Available 110,000
Kinney Horn  
Trading Arrangements, by Individual  
Name Kinney Horn
Title Chief Business Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 30, 2026
Expiration Date January 15, 2027
Aggregate Available 132,853
Isaac Barchas  
Trading Arrangements, by Individual  
Name Isaac Barchas
Title Director
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 31, 2026
Expiration Date March 15, 2027
Aggregate Available 11,048
ABHMC II LLC  
Trading Arrangements, by Individual  
Name ABHMC II LLC
Title Investor
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 31, 2026
Expiration Date December 31, 2027
Aggregate Available 408,504
Arsenal Bridge Venture II-B LLC  
Trading Arrangements, by Individual  
Name Arsenal Bridge Venture II-B LLC,
Title Investor
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 31, 2026
Expiration Date December 31, 2027
Aggregate Available 1,050