$ Value
$282K
Shares
7,521
Price
$38
Filed
Jan 16
Insider
Name
Burroughs Amy L.
Title
Chief Executive Officer
CIK
0001872564
Roles
Transaction Details
Transaction Date
2026-01-15
Code
S
Table
Non-Derivative
Ownership
Direct
Equity Swap
No
Shares After
288,976
Footnotes
Each share is represented by a Restricted Stock Unit ("RSU"). 25% of the RSUs vest on the first anniversary measured from January 1, 2026 (the "Vesting Commencement Date"), and 1/16th of the total number of shares vest quarterly thereafter, such that 100% of the RSUs will be fully vested on the fourth anniversary of the Vesting Commencement Date. | The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 30, 2025. | This sale price represents the weighted average sale price of the shares sold ranging from $36.45 to $37.445 per share. The Reporting Person undertakes to 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 sold at each separate price within the ranges set forth in this footnote | This sale price represents the weighted average sale price of the shares sold ranging from $37.45 to $37.75 per share. The Reporting Person undertakes to 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 sold at each separate price within the ranges set forth in this footnote | The Reporting Person beneficially owns these shares indirectly through the Amy L Burroughs 2017 Trust. | 25% of the shares subject to the option vest on the first anniversary measured from January 1, 2026 (the "Vesting Commencement Date"), and 1/48th of the total number of shares vest monthly thereafter, such that 100% of the shares subject to the option will be fully vested on the fourth anniversary of the Vesting Commencement Date. | 25% of the shares subject to the option vest on the first anniversary measured from January 1, 2025 (the "Vesting Commencement Date"), and 1/48th of the total number of shares vest monthly thereafter, such that 100% of the shares subject to the option will be fully vested on the fourth anniversary of the Vesting Commencement Date.
Filing Info
Burroughs Amy L.'s History
| Date | Ticker | Type | Value |
|---|---|---|---|
| 2026-02-17 | TERN | M | $68K |
| 2026-02-17 | TERN | ▼ | $89K |
| 2026-02-17 | TERN | ▼ | $320K |
| 2026-02-17 | TERN | ▼ | $163K |
| 2026-02-17 | TERN | M | $0 |
| 2026-01-15 | TERN | M | $126K |
| 2026-01-15 | TERN | M | $126K |
| 2026-01-15 | TERN | M | $68K |
| 2026-01-15 | TERN | ▼ | $2.3M |
| 2026-01-15 | TERN | ▼ | $282K |
Other Insiders at TERN (90d)
| Insider | Bought | Sold | Last |
|---|---|---|---|
| FELLOWS DAVID A | — | — | 2026-02-01 |
| KINDLER JEFFREY B | — | — | 2026-02-01 |
| Turner Heather D | — | — | 2026-02-01 |
| Azelby Robert | — | — | 2026-02-01 |
| Tripuraneni Radhika | — | — | 2026-02-01 |
| Quigley Jill M. | — | — | 2026-02-01 |
|
Burroughs Amy L.
Chief Executive Officer
|
— | $572K | 2026-02-17 |
|
Kuriakose Emil
Chief Medical Officer
|
— | $50K | 2026-04-01 |