$Rani Therapeutics (RANI.US)$ 10% Shareholder South Cone Investments Limited Partnership sold 3.83 million shares of common stock on Oct 15, 2024 at an average price of $2.6484 for a total value of $10.14 million.
This transaction involves other related parties: South Lake One LLC.
What is statement of changes in beneficial ownership of securities?
It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.