Leonard Braden Michael sold ACRS

April 23, 2026 · Form 4 insider transaction

Leonard Braden Michael sold 300,000 shares of Aclaris Therapeutics, Inc. at $4.53 per share, a transaction worth $1.36M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 4 days after the transaction.

Direction
Disposed (sell-side)
Shares
300,000
Price
$4.53
Total value
$1.36M
Role10% owner
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateApril 23, 2026
Filing dateApril 27, 2026
Shares owned after13,950,000
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

BML Capital Management, LLC ("BML Capital") serves as the general partner of BML Investment Partners, L.P., a Delaware limited partnership (the "Fund"), which is the direct owner of the subject shares. Mr. Leonard is the managing member of BML Capital, and exercises investment and voting control over the subject shares. Accordingly, shares owned directly by the Fund may be regarded as being beneficially owned by Mr. Leonard. Notwithstanding, Mr. Leonard disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.

View the original Form 4 on SEC EDGAR