Cluster buy at Aspen Neuroscience, Inc.: four insiders add $68M of ASPE

Form 4 filings show four Aspen Neuroscience, Inc. insiders buying stock on Nov 2, for a total of $68 million.

The largest purchase came from ARCH Venture Partners XIV, L.P., a 10% owner, who bought 1,200,000 shares for $18 million. Three or more insiders buying within 14 days is what Insider Stock Trader labels a cluster buy.

Peter A. Thompson (director) is the latest to report, in a filing on Nov 4. The table below lists who bought, when, and at what price.

Figures come from the Form 4 filed with the SEC; the table lists the open-market rows this article covers.

Who bought when

Insider	Role	Trade date	Shares	Avg. price	Value	Filing
ARCH Venture Partners XIV, L.P.	10% owner	Nov 2	1,200,000	$15.00	$18,000,000	App · SEC
ARCH Venture Fund X, L.P.	10% owner	Nov 2	133,333	$15.00	$1,999,995	App · SEC
ARCH Venture Fund X, L.P.	10% owner	Nov 2	1,200,000	$15.00	$18,000,000	App · SEC
Orbimed Advisors LLC	Director	Nov 2	1,000,000	$15.00	$15,000,000	App · SEC
Peter A. Thompson	Director	Nov 2	1,000,000	$15.00	$15,000,000	App · SEC
Total	$67,999,995

See more details on these ASPE insider trades

Each row of the table links to its Form 4 on SEC.gov.

Read more ASPE insider trading news · Read the daily insider trading roundup

Source: SEC Form 4. Information only, not investment advice. Not affiliated with or endorsed by the U.S. Securities and Exchange Commission.