Wellington Biomedical Innovation Master Investors (Cayman) II L.P. sold AVLN

May 1, 2026 · Form 4 insider transaction

Wellington Biomedical Innovation Master Investors (Cayman) II L.P. sold 20,482,289 shares of Avalyn Pharma Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 0 days after the transaction.

Direction
Disposed (sell-side)
Shares
20,482,289
Price
$0.00
Total value
N/A
Role10% owner
SecuritySeries C-1 Convertible Preferred Stock
Transaction codeC: Conversion of a derivative
Transaction dateMay 1, 2026
Filing dateMay 1, 2026
Shares owned after0
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

Immediately prior to the closing of the Issuer's initial public offering, each share of Series C-1 Convertible Preferred Stock and Series D Convertible Preferred Stock (collectively, the "Preferred Stock") automatically converted into shares of the Issuer's Common Stock on a 19.2417-for-one basis. The Preferred Stock had no expiration date.

View the original Form 4 on SEC EDGAR