Form 4 for HRTX HERON THERAPEUTICS, INC. /DE/
Accepted 2025-10-17 00:00:00 ET · period of report 2025-10-15 · accession 0000902664-25-004459 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2025-10-17 | 2025-10-15 | HRTX | Rosen David Efraim | 10% | C - Cnv Deriv | — | +946.1K | 30.05M | +3% | — |
| DI | 2025-10-17 | 2025-10-15 | HRTX | Rosen David Efraim | 10% | C - Cnv Deriv | $0.00 | -94.6K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.01 per share ("Common Stock") | 2025-10-15 | C | A | 946,100 | — | 30,046,828 | I See footnotes | — | — | (F1) The Preferred Shares automatically converted into Common Stock pursuant to their terms at a conversion price of $1.50. (F3) The filing of this statement shall not be deemed an admission that any Reporting Person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each Reporting Person expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. (F2) This Form 4 is filed by Rubric Capital Management LP ("Rubric Capital") and Mr. David Rosen, with respect to the securities held by certain funds and/or accounts (collectively, the "Rubric Vehicles"). Rubric Capital serves as the investment adviser to the Rubric Vehicles. Mr. David Rosen serves as the Managing Member of Rubric Capital Management GP, LLC, the general partner of Rubric Capital. |
| 2 | Derivative | Series A Convertible Preferred Stock ("Preferred Shares") | 2025-10-15 | C | D | 94,610 | $0.00 | 0 | I See footnotes | — · — to — | 946,100 Common Stock | (F3) The filing of this statement shall not be deemed an admission that any Reporting Person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each Reporting Person expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. (F2) This Form 4 is filed by Rubric Capital Management LP ("Rubric Capital") and Mr. David Rosen, with respect to the securities held by certain funds and/or accounts (collectively, the "Rubric Vehicles"). Rubric Capital serves as the investment adviser to the Rubric Vehicles. Mr. David Rosen serves as the Managing Member of Rubric Capital Management GP, LLC, the general partner of Rubric Capital. (F1) The Preferred Shares automatically converted into Common Stock pursuant to their terms at a conversion price of $1.50. |