SGP - Spyglass Pharma, Inc.

Insider Purchase by Yang Rick (10%)

3 Months
After Trade
Before Trade

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Trade Summary

1 month ago, Yang Rick, serving as 10% owner at Spyglass Pharma, Inc. (SGP), purchased 937,500 shares at $16.00 per share, for a total transaction value of $15,000,000.00. Following this transaction, Yang Rick now holds 6,035,038 shares of SGP.

This purchase represents a 18.00% increase in Yang Rick's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Monday, February 9, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, February 11, 2026, 2 days after the trade was made.

Spyglass Pharma, Inc. operates in the NONE sector, specifically within the NONE industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.

Yang Rick

10%

Rick Yang is a venture capital professional serving as the manager of NEA 17 GP, LLC, which indirectly controls New Enterprise Associates 17, L.P. (NEA 17), a significant investor in SpyGlass Pharma, Inc. (SGP).[[1]](https://www.stocktitan.net/sec-filings/SGP/form-4-spy-glass-pharma-inc-insider-trading-activity-765c05afb450.html)[[5]](https://www.insidermonkey.com/insider-trading/company/spyglass+pharma+inc/1778922/)[[6]](https://insiderinsights.com/free/index.php?s=ticker&o=-1&a=&q=SGP) As a Section 16 reporting person and beneficial owner through NEA 17, he is listed as a corporate insider at SGP, reflecting his influential role in the firm's investment activities.[[1]](https://www.stocktitan.net/sec-filings/SGP/form-4-spy-glass-pharma-inc-insider-trading-activity-765c05afb450.html)[[2]](https://www.ainvest.com/news/insider-purchase-10-owner-director-sgp-bought-3-690-000-shares-2602/) On February 9, 2026, coinciding with SGP's initial public offering, NEA 17 converted its preferred stock (Series B, C-1, C-2, and D) into common shares on a one-for-one basis and purchased an additional 937,500 shares at $16 per share, increasing its holdings to 6,035,038 shares.[[1]](https://www.stocktitan.net/sec-filings/SGP/form-4-spy-glass-pharma-inc-insider-trading-activity-765c05afb450.html)[[2]](https://www.ainvest.com/news/insider-purchase-10-owner-director-sgp-bought-3-690-000-shares-2602/)[[5]](https://www.insidermonkey.com/insider-trading/company/spyglass+pharma+inc/1778922/) Rick Yang disclaims beneficial ownership except to the extent of his pecuniary interest, underscoring his position within the New Enterprise Associates structure.[[1]](https://www.stocktitan.net/sec-filings/SGP/form-4-spy-glass-pharma-inc-insider-trading-activity-765c05afb450.html)

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Trade Price

$16.00

Quantity

937,500

Total Value

$15,000,000.00

Shares Owned

6,035,038

Trade Date

Monday, February 9, 2026

56 days ago

SEC Filing Date

Wednesday, February 11, 2026

Filed 2 days after trade

NONENONE

About Spyglass Pharma, Inc.

Company Overview

No company information available
View news mentioning SGP

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