Curis (CRIS) CMO converts Series B preferred stock to common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Curis Inc. Chief Medical Officer Ahmed Hamdy converted preferred stock into common shares. On March 20, 2026, 50 shares of Series B Convertible Preferred Stock were converted into 66,667 shares of common stock for no additional consideration, leaving no Series B Preferred outstanding for him and 66,667 common shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
50 shares exercised/converted
Mixed
2 txns
Insider
Hamdy Ahmed MD
Role
CMO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Series B Convertible Preferred Stock | 50 | $0.00 | -- |
| Conversion | Common Stock | 66,667 | $0.00 | -- |
Holdings After Transaction:
Series B Convertible Preferred Stock — 0 shares (Direct);
Common Stock — 66,667 shares (Direct)
Footnotes (1)
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FAQ
What did Curis (CRIS) CMO Ahmed Hamdy report in this Form 4?
Ahmed Hamdy reported a conversion of preferred stock into common shares. On March 20, 2026, 50 Series B Convertible Preferred shares converted into 66,667 Curis common shares, increasing his direct common stock holdings without an open-market purchase or sale.
What type of security did Curis CMO Hamdy convert into common stock?
He converted Series B Convertible Non-Redeemable Preferred Stock into common stock. Each preferred share automatically converted into 1,333.33 Curis common shares, subject to the Certificate of Designations and Beneficial Ownership Limitations described for the Series B Preferred Stock.
What were the original terms when the Curis Series B Preferred Stock was sold?
Each Series B Preferred share was sold as part of a "Security" unit. Each unit included one Series B Preferred share plus three series of warrants, at a purchase price of $1,000.00 per unit to Ahmed Hamdy, according to the transaction footnote.