Akero Therapeutics CEO Gifts 14,739 Shares to Charity
Akero Therapeutics, Inc.
Subscribe to track AKRO
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
Akero CEO Makes Charitable Stock Gift
Company: Akero Therapeutics, Inc. (AKRO) Form: 4 | Filed: 2025/11/13 Significance: Low
Insider: Cheng Andrew Title: President and CEO | Relationship: Director, Officer
Transaction: • Type: Gift • Shares: 14,739 • Price: $0.00 • Value: $0 • Owned After: 511,375
Key Insight: The President and CEO made a charitable donation of stock, a non-market transaction with minimal impact on share ownership or market sentiment.
Market Context: This is a routine disclosure of a gift and does not reflect a change in the insider's view of the company's prospects.
Comprehensive Analysis
SEC Filing Analysis: Akero Therapeutics, Inc. (AKRO)
Executive Summary
- Trading Significance: Low
- Key Takeaway: The President and CEO of Akero Therapeutics, Andrew Cheng, made a charitable gift of 14,739 shares of common stock.
- Market Impact: Neutral. This is a non-market transaction and does not signal a change in insider sentiment.
Company Information
| Field | Value |
|---|---|
| Company | Akero Therapeutics, Inc. |
| Ticker Symbol | AKRO |
| CIK | 0001744659 |
| Industry | PHARMACEUTICAL PREPARATIONS |
Insider Information
| Field | Value |
|---|---|
| Name | Cheng Andrew |
| CIK | 0001778307 |
| Title/Position | President and CEO |
| Relationship | Director, Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2025-11-12 |
| Transaction Code | G (Gift) |
| Security Type | Common Stock |
| Shares Involved | 14,739 |
| Price Per Share | $0.00 |
| Total Value | $0 |
| Shares Owned After | 511,375 |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $0 |
| % of Market Cap | 0.00% |
| Shares Transacted | 14,739 |
| % of Shares Outstanding | 0.018% |
| Post-Transaction Ownership | 511,375 shares (0.64% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: With a market capitalization of $4.47 billion, this $0 value transaction is financially immaterial.
- Ownership Concentration: The CEO's ownership stake decreased slightly to 0.64% of total shares outstanding, which is a modest holding.
- Transaction Significance: The transaction is a charitable gift, as confirmed by a footnote, and not an open-market sale. It holds no trading significance as it does not reflect market sentiment.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: A charitable gift is a personal financial decision and is not indicative of the insider's confidence in the company's future performance.
Volume & Sentiment
- Expected Volume Impact: None. The transaction occurred off-market.
- Sentiment Indicator: Neutral. The filing is informational and does not carry a bullish or bearish signal.
Additional Context
Special Circumstances
- A footnote in the filing clarifies: "The reported transaction represents a bona fide charitable gift to a 501(c)(3) organization."
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.