A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 11 filings in this group are Form 4s for Crescent Biopharma, Inc.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 11 insider filings shown, the breakdown is 10 open-market sale and 1 open-market purchase. 11 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Open-market sale
Insider Selling
2026-09-18
CBIO insider Lynch Ryan (See Remarks) sold 240 shares (~$4.3K)
Lynch Ryan, listed as See Remarks at CRESCENT BIOPHARMA, INC., reported an open-market sale of 240 CBIO shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
240 |
$17.90 |
$4.3K |
Filing: Form 4 (Insider Transaction)
Insider: Lynch Ryan (See Remarks)
Shares: 240
Est. Value: $4.3K
Form 4
Open-market sale
Insider Selling
2026-09-18
CBIO insider Pinkas Jan (Chief Scientific Officer) sold 658 shares (~$11.8K)
Pinkas Jan, listed as Chief Scientific Officer at CRESCENT BIOPHARMA, INC., reported an open-market sale of 658 CBIO shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
658 |
$17.90 |
$11.8K |
Filing: Form 4 (Insider Transaction)
Insider: Pinkas Jan (Chief Scientific Officer)
Shares: 658
Est. Value: $11.8K
Form 4
Open-market sale
Insider Selling
2026-09-18
CBIO insider Im Ellie Eunkyung (Chief Medical Officer) sold 623 shares (~$11.2K)
Im Ellie Eunkyung, listed as Chief Medical Officer at CRESCENT BIOPHARMA, INC., reported an open-market sale of 623 CBIO shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
623 |
$17.90 |
$11.2K |
Filing: Form 4 (Insider Transaction)
Insider: Im Ellie Eunkyung (Chief Medical Officer)
Shares: 623
Est. Value: $11.2K
Form 4
Open-market sale
Insider Selling
2026-09-18
CBIO insider Scalzo Richard William (Chief Financial Officer) sold 568 shares (~$10.2K)
Scalzo Richard William, listed as Chief Financial Officer at CRESCENT BIOPHARMA, INC., reported an open-market sale of 568 CBIO shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
568 |
$17.90 |
$10.2K |
Filing: Form 4 (Insider Transaction)
Insider: Scalzo Richard William (Chief Financial Officer)
Shares: 568
Est. Value: $10.2K
Form 4
Open-market sale
Insider Selling
2026-09-18
CBIO insider Bispham Barbara Harlin (See Remarks) sold 620 shares (~$11.1K)
Bispham Barbara Harlin, listed as See Remarks at CRESCENT BIOPHARMA, INC., reported an open-market sale of 620 CBIO shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
620 |
$17.90 |
$11.1K |
Filing: Form 4 (Insider Transaction)
Insider: Bispham Barbara Harlin (See Remarks)
Shares: 620
Est. Value: $11.1K
Form 4
Open-market sale
Insider Selling
2026-09-18
CBIO insider Brumm Joshua T (Director, Chief Executive Officer) sold 9,447 shares (~$159.8K)
Brumm Joshua T, listed as Director, Chief Executive Officer at CRESCENT BIOPHARMA, INC., reported an open-market sale of 9,447 CBIO shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
1,610 |
$17.90 |
$28.8K |
S |
Open-market sale
|
7,837 |
$16.71 |
$131.0K |
Filing: Form 4 (Insider Transaction)
Insider: Brumm Joshua T (Director, Chief Executive Officer)
Shares: 9,447
Est. Value: $159.8K
Form 4
Open-market sale
Insider Selling
2026-09-18
CBIO insider McNeill Jonathan (President and COO) sold 4,570 shares (~$77.2K)
McNeill Jonathan, listed as President and COO at CRESCENT BIOPHARMA, INC., reported an open-market sale of 4,570 CBIO shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
731 |
$17.90 |
$13.1K |
S |
Open-market sale
|
3,839 |
$16.71 |
$64.1K |
Filing: Form 4 (Insider Transaction)
Insider: McNeill Jonathan (President and COO)
Shares: 4,570
Est. Value: $77.2K
Form 4
Open-market purchase
Insider Buying
2026-07-20
CBIO insider Fairmount Funds Management LLC (Director, 10% Owner) bought 853,450 shares (~$12.38M)
Fairmount Funds Management LLC, listed as Director, 10% Owner at CRESCENT BIOPHARMA, INC., reported an open-market purchase of 853,450 CBIO shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
853,450 |
$14.50 |
$12.38M |
P |
Open-market purchase
derivative · Pre-Funded Warrant (Right to Buy)
|
525,897 |
$14.50 |
$7.62M |
Filing: Form 4 (Insider Transaction)
Insider: Fairmount Funds Management LLC (Director, 10% Owner)
Shares: 853,450
Est. Value: $12.38M
Form 4
Open-market sale
Insider Selling
2026-06-23
CBIO insider Lynch Ryan (See Remarks) sold 465 shares (~$8.4K)
Lynch Ryan, listed as See Remarks at CRESCENT BIOPHARMA, INC., reported an open-market sale of 465 CBIO shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
465 |
$17.99 |
$8.4K |
Filing: Form 4 (Insider Transaction)
Insider: Lynch Ryan (See Remarks)
Shares: 465
Est. Value: $8.4K
Form 4
Open-market sale
Insider Selling
2026-06-23
CBIO insider Pinkas Jan (Chief Scientific Officer) sold 1,288 shares (~$23.2K)
Pinkas Jan, listed as Chief Scientific Officer at CRESCENT BIOPHARMA, INC., reported an open-market sale of 1,288 CBIO shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
1,288 |
$17.99 |
$23.2K |
Filing: Form 4 (Insider Transaction)
Insider: Pinkas Jan (Chief Scientific Officer)
Shares: 1,288
Est. Value: $23.2K
Form 4
Open-market sale
Insider Selling
2026-06-23
CBIO insider Scalzo Richard William (Chief Financial Officer) sold 1,112 shares (~$20.0K)
Scalzo Richard William, listed as Chief Financial Officer at CRESCENT BIOPHARMA, INC., reported an open-market sale of 1,112 CBIO shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
1,112 |
$17.99 |
$20.0K |
Filing: Form 4 (Insider Transaction)
Insider: Scalzo Richard William (Chief Financial Officer)
Shares: 1,112
Est. Value: $20.0K