RAPP Rapport Therapeutics, Inc.

NEUTRAL Impact: 3/10 144
Horizon days Filed May 7, 2026 Processed 13d 2h ago SEC 0001974078-26-000168
Form 144 — notice of proposed sale of securities
Latest settled — T+5d ⚠ clustered
RAPP ▼ -0.24% at T+5d
NEUTRAL call ✗ call lost -0.24% · α vs SPY -1.70% · entry $38.04 → $37.95
Next anchor: T+20d in 16d
Currently $35.72 · -6.10% from $38.04 entry
Entry anchored
May 7, 2026
via day open
T+1d
+1.03%
call +1.03% · α +0.79%
$38.43
settled 12d ago
T+5d
-0.24%
call -0.24% · α -1.70%
$37.95
settled 6d ago
T+20d
call — · α —
in 16d
T+60d
call — · α —
in 3mo

Price Chart

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Executive Summary

Third Rock Ventures V, L.P., a 10% stockholder, filed a Form 144 indicating intent to sell 271,495 shares of Rapport Therapeutics common stock, valued at approximately $10.9 million. This follows a prior sizable sale of 426,005 shares (~$17.2M) on April 17, 2026, signaling ongoing distribution by a major venture capital backer.

Actionable Insight

Third Rock Ventures continues to distribute shares, likely for fund-level liquidity. The stock may face modest selling pressure near the proposed sale price. Watch for additional Form 144 or Form 4 filings to gauge the pace of distribution.

Key Facts

  • Third Rock Ventures V, L.P. proposes to sell 271,495 shares.
  • Estimated aggregate market value of proposed sale: $10,892,705.19.
  • Shares acquired on 02/21/2023 via original issuance from the issuer.
  • Prior sale of 426,005 shares (~$17.2M) on 04/17/2026 by the same entity.
  • Recent insider activity (30d): 6 sells totaling $18.7M (prior to this filing).

Financial Impact

Proposed sale of ~$10.9M (0.6% of $1.8B market cap) adds to recent insider selling of $18.7M over the past 30 days.

dilution (secondary sales)supply overhang

Risk Factors

  • Continued insider selling could pressure share price.
  • VC distributions often persist over multiple weeks/months.

Market Snapshot

Exchange
Nasdaq
Sector
Pharmaceutical Preparations
Analyst Consensus
94% bullish (17 analysts)

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
144 Filing (Primary)0001974078-26-000168
Document: 0001974078-26-000168-index.html0001974078-26-000168
Document: 0001974078-26-000168.txt0001974078-26-000168
9 reports for RAPP
Performance horizon
67% Hit rate 2 of 3 directional calls best @ T+20▲ +13.70%Mar 10, 2026
Filters
Rows
Reports for RAPP — sortable, filterable
Type Now
May 11, 2026
9d ago
144
BEARISH ★ 5/10
$37.24 $35.18▲ +5.53%▲ +5.61%$35.72 (+4.08%)
May 8, 2026
12d ago
144
NEUTRAL ★ 3/10
$38.43 $35.18▼ −8.46%▼ −8.37%$35.72 (−7.05%)
May 7, 2026
13d ago
144
NEUTRAL ★ 3/10
$38.04 $37.95▼ −0.24%▼ −1.70%$35.72 (−6.10%)
May 7, 2026
13d ago
8-K
MIXED ★ 6/10
$39.93 $38.08▼ −4.63%▼ −6.14%$35.72 (−10.54%)
Apr 23, 2026
27d ago
DEFA14A
NEUTRAL ★ 2/10
$36.36 $33.00▼ −9.24%▼ −10.72%$35.72 (−1.76%)
Apr 21, 2026
29d ago
Press Release
BULLISH ★ 8/10
$36.78 $33.30▼ −9.48%▼ −9.53%$35.72 (−2.88%)
Apr 1, 2026
7w ago
Press Release
NEUTRAL ★ 3/10
$31.67 $34.22▲ +8.05%▲ +4.29%$35.72 (+12.79%)
Mar 30, 2026
7w ago
144
NEUTRAL ★ 3/10
$31.29 $33.69▲ +7.67%▲ +3.73%$35.72 (+14.16%)
Mar 10, 2026
10w ago
Press Release
BULLISH ★ 8/10
$29.63 $27.73▼ −6.41%▼ −5.51%$35.72 (+20.55%)
Showing 9 of 9

US Market Status

Market Closed — Opens Thu (< 1m)

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