Peter M. Hecht - Jan 1, 2024 Form 4 Insider Report for Cyclerion Therapeutics, Inc. (CYCN)

Signature
/s/ Peter M. Hecht
Stock symbol
CYCN
Transactions as of
Jan 1, 2024
Transactions value $
$0
Form type
4
Date filed
1/26/2024, 04:07 PM
Previous filing
Dec 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CYCN Common Stock Award $0 +15K +4.14% $0.00 377K Jan 1, 2024 Direct F1
holding CYCN Common Stock 24 Jan 1, 2024 The 2000 Trust for Alexis Mae Hecht F2
holding CYCN Common Stock 24 Jan 1, 2024 The 2000 Trust for Malcolm Peter Hecht F2
holding CYCN Common Stock 24 Jan 1, 2024 The 2000 Trust for Zoe Niovi Hecht F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was granted 15,000 shares of restricted stock pursuant to the Cyclerion Therapeutics, Inc. 2019 Equity Incentive Plan. These 15,000 shares are subject to vesting over a 47- month period, provided that the Reporting Person remains a consultant to the Cyclerion Therapeutics or a member of the board of directors of Cyclerion Therapeutics, Inc. on such applicable vesting date, subject to certain exemptions.
F2 These shares are held in the referenced trust for the benefit of the reporting person's child. The reporting person's spouse is the trustee of this trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or any other purpose.