SEC Form 4 · accession 0001104659-26-076967
Spyre Therapeutics, Inc. · SYRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Peter Evan Harwin
Director
Fairmount Funds Management LLC
Director
Tomas Kiselak
Director
Period of report
Jun 23, 2026
Accepted (ET)
Jun 23, 2026 · 9:56 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001636282
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 23, 2026 | C | 666,680 | — | A | 4,684,781 | I | By Fairmount Healthcare Fund II L.P. |
| Common StockF2 | Jun 23, 2026 | S | 4,684,781 | $85.31 | D | 0 | I | By Fairmount Healthcare Fund II L.P. |
| Common Stock | holding | — | — | — | 406,038 | I | By Tomas Kiselak | |
| Common Stock | holding | — | — | — | 406,038 | I | By Peter Harwin |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series B Preferred StockF2,F1 | — | Jun 23, 2026 | C | 16,667 | D | — | — | Common Stock | 666,680 | 0 | I |
| Series A Preferred StockF2,F3 | — | holding | — | — | — | — | — | Common Stock | 13,841,800 | 346,045 | I |
Explanation of responses
- F1Each share of Series B Preferred Stock is convertible at the option of the holder into 40 shares of Common Stock, subject to certain beneficial ownership limitations, including that a holder of Series B Preferred Stock is prohibited from converting shares of Series B Preferred Stock into shares of Common Stock if, as a result of such conversion, such holder, together with its affiliates, would beneficially own more than 9.99% of the total number of shares of Common Stock issued and outstanding immediately after giving effect to such conversion. On June 23, 2026, the Reporting Persons converted 16,667 shares of Series B Preferred Stock into 666,680 shares of Common Stock for no cash consideration, in accordance with the Certificate of Designations for the Series B Convertible Preferred Stock.
- F2Fairmount Funds Management LLC ("Fairmount") is the investment manager for Fairmount Healthcare Fund II L.P. The managers of Fairmount are Peter Harwin and Tomas Kiselak. Fairmount, Mr. Harwin, and Mr. Kiselak disclaim beneficial ownership of any of the reported securities, except to the extent of their pecuniary interest therein.
- F3Each share of Series A Preferred Stock is convertible at the option of the holder into 40 shares of Common Stock, subject to certain beneficial ownership limitations, including that a holder of Series A Preferred Stock is prohibited from converting shares of Series A Preferred Stock into shares of Common Stock if, as a result of such conversion, such holder, together with its affiliates, would beneficially own more than 9.99% of the total number of shares of Common Stock issued and outstanding immediately after giving effect to such conversion.
Remarks
The Reporting Persons may each be deemed a director by deputization of Issuer by virtue of the fact that Tomas Kiselak serves on the board of directors of Issuer and is also a Managing Member of Fairmount Funds Management LLC.