Cormorant Asset Management, LP sold DRUG

April 28, 2026 · Form 4 insider transaction

Cormorant Asset Management, LP sold 109,331 shares of Bright Minds Biosciences Inc. at $89.50 per share, a transaction worth $9.79M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 2 days after the transaction.

Direction
Disposed (sell-side)
Shares
109,331
Price
$89.50
Total value
$9.79M
Role
SecurityCommon Shares
Transaction codeS: Open-market sale
Transaction dateApril 28, 2026
Filing dateApril 30, 2026
Shares owned after950,000
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

Cormorant Asset Management, LP ("Cormorant") serves as the investment manager of Cormorant Global Healthcare Master Fund, LP (the "Master Fund"). Cormorant Global Healthcare GP, LLC ("GP LLC") serves as the general partner of the Master Fund. Bihua Chen serves as the managing member of Cormorant, GP LLC and the Master Fund. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or her pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any of the Reporting Persons is the beneficial owner of any such shares for purposes of Section 16(a) of the Securities Exchange Act of 1934 or for any other purpose.

View the original Form 4 on SEC EDGAR