Orbimed Advisors LLC and Orbimed Capital Gp VIII LLC Sells $22.9M of Sionna Therapeutics Inc (SION) — SEC Form 4, Apr 16, 2026

Open-Market Net Sale · SEC Form 4
−$22,945,044
10b5-1 Plan

Equity position changed by -14.5%

Reporting Owners
TXN 2026-04-16 · FILED 2026-04-16
Equity Position 3.02M sh 3,530,702 → 3,020,119
Equity Change -14.5% shares held after vs before
Filing Lag 0 business days within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership
Filing Date
2026-04-16
Report Date
2026-04-16
Accession No.
0000947871-26-000446
Accepted At
2026-04-16 23:03 UTC
Reporting Owners
Name Relationship
Orbimed Advisors LLC CIK 0001055951
Director
Orbimed Capital Gp VIII LLC CIK 0001845804
Director
Orbimed Advisors LLC at Sionna Therapeutics Inc Full insider history
Bought (12 mo) —
Sold (12 mo) $55,674,637
More from this insider at Sionna Therapeutics Inc
2026-07-09 Sell -$3,854,281 View
2026-07-02 Sell -$5,270,902 View
2026-05-30 Sell -$4,493 View
2026-05-11 Sell -$13,364,065 View
2026-04-22 Sell -$2,472,343 View
All filings by this insider at Sionna Therapeutics Inc
Non-Derivative Securities Transactions
Title Date Type Shares Price Net Total Post-Txn Ownership
Common StockF1F2F3 2026-04-14 S - Sale 10b5-1 47,814 D $44.51 -$2,128,201 3,482,888 Indirect See footnotes
Common StockF1F2F3 2026-04-15 S - Sale 10b5-1 235,863 D $44.64 -$10,528,924 3,247,025 Indirect See footnotes
Common StockF1F2F3 2026-04-16 S - Sale 10b5-1 226,906 D $45.34 -$10,287,918 3,020,119 Indirect See footnotes
Footnotes (3)
F1
These securities were sold pursuant to a 10b5-1 plan. Show more
F2
These securities are held of record by OrbiMed Private Investments VIII, LP ("OPI VIII"). OrbiMed Capital GP VIII LLC ("GP VIII") is the general partner of OPI VIII and OrbiMed Advisors LLC ("OrbiMed Advisors") is the managing member of GP VIII. By virtue of such relationships, GP VIII and OrbiMed Advisors may be deemed to have voting and investment power with respect to the shares held by OPI VIII and as a result may be deemed to have beneficial ownership of such shares. OrbiMed Advisors exercises investment and voting power through a management committee comprised of Carl L. Gordon, Sven H. Borho, and W. Carter Neild, each of whom disclaims beneficial ownership of the shares held by OPI VIII. Show more
F3
This report on Form 4 is jointly filed by OrbiMed Advisors and GP VIII. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of its pecuniary interest therein, if any. The Reporting Persons have designated a representative, Peter A. Thompson, a member of OrbiMed Advisors, to serve on the Issuer's board of directors. This report shall not be deemed an admission that any such entity or person is a beneficial owner of such securities for purposes of Section 16 of the Exchange Act, or for any other purpose. Show more
5%+ Holders · 13D/G 6 filers
Other insiders at Sionna Therapeutics Inc
All Sionna Therapeutics Inc insider activity
GET /v1/forms/4/0000947871-26-000446 API docs
View Original SEC Filing