Insider at

04

Insider transactions

05
0 buys (P) 0 sells (S) Net: $0 + 3 non-open-market transactions below last 12 months, based on the transactions shown below

Price change vs current quote, split-adjusted for corporate actions since the filing — not benchmarked, not annualized, not size-weighted

No open-market trades on record; showing all filings.

DateTickerCodeSharesPriceValue Owned afterΔ ownA/Dvs now
April 29, 2026 AVLN A 501,033 · · 501,033 Direct · Acquired (price as of 2026-10-05)
May 25, 2022 RANI A 22,240 · · 22,240 Direct · Acquired (price as of 2026-10-05)
Nov. 10, 2021 RANI A 31,695 · · 31,695 Direct · Acquired (price as of 2026-10-05)

P = Open-market purchase · S = Sale · A = Grant/award · M = Option exercise · G = Gift · F = Tax withholding

Insider transactions are not a recommendation; sales are often driven by liquidity or tax reasons.

Derivative holdings (Form 4 Table II) Options, RSUs and convertible securities reported on Form 4 Table II.

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DateTickerSecurityUnderlying Exercise priceExpirationSharesA/D
April 29, 2026 AVLN Stock Option (Right to Buy) Common Stock (501,033) $18.00 April 28, 2036 501,033 Acquired
May 25, 2022 RANI Stock Option (Right to Buy) Class A Common Stock (22,240) $10.89 May 24, 2032 22,240 Acquired
Nov. 10, 2021 RANI Stock Option (Right to Buy) Class A Common Stock (31,695) $26.78 Nov. 9, 2031 31,695 Acquired

Exercise/conversion price is blank when not applicable (e.g. RSUs).

Initial ownership (Form 3) 5 holdings

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Securities held when first becoming an insider, per SEC Form 3.

DateTickerSecuritySharesOwnership
April 29, 2026 AVLN Stock Option (right to buy)→ Common Stock (256,360) 256,360 Direct
April 29, 2026 AVLN Stock Option (right to buy)→ Common Stock (663,333) 663,333 Direct
April 29, 2026 AVLN Stock Option (right to buy)→ Common Stock (418,794) 418,794 Direct
April 29, 2026 AVLN Stock Option (right to buy)→ Common Stock (160,594) 160,594 Direct
Nov. 12, 2021 RANI Class A Common Stock 6,087 Direct