Cyclerion Therapeutics, Inc. insider just picked up 302,000 shares

Peter M Hecht, an insider of Cyclerion Therapeutics, Inc., recently acquired 302,000 shares of the company. The buys took place at $2.43 per share, on May 06, 2021. Hecht now owns 1,225,983 shares of the company. Hecht operates out of Cambridge, MA. Some additional info was provided as follows:

The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.31 to $2.59, inclusive. The reporting person will provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth in this footnote.
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.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Current report, items 7.01 and 9.01 - Sept. 30, 2021

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