TRML · Insider Trading

Tourmaline Bio, Inc. Common Stock

Every open-market purchase and sale reported by TRML officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.

Form 4 Filings
45
most recent
Open-Market Buys
9
code P
Sales
0
code S
Reporting Insiders
2
current holders
TRML — Recent Form 4 Transactions (latest 2025-10-28)
FiledInsiderRole TypeSharesValue
2025-10-28 Caley Castelein Director U −947,936 —
2025-10-28 Mark McDade Director U −742,209 —
2025-10-28 W Bradford Middlekauff CBO, GC and Secretary MIXED −69,201 —
2025-10-28 Sapna Srivastava Director U −518 —
2025-10-28 Susan Dana Jones Chief Technology Officer MIXED −22,934 —
2025-10-28 Clay B Siegall Director D −51,800 deriv. —
2025-10-28 Parvinder Thiara Director U −83,782 —
2025-10-28 Aaron Kantoff Director U −88,281 —
2025-10-28 Ryan F. Robinson CFO U −14,366 —
2025-10-28 Sandeep Chidambar Kulkarni CEO MIXED −762,051 —
2025-10-28 Kevin Bruce Johnson Chief Regulatory Officer MIXED −51,584 —
2025-10-24 Ryan F. Robinson CFO M +14,366 +$199.97K
2025-10-24 Aaron Kantoff Director G −5,000 —
2025-10-24 Sandeep Chidambar Kulkarni CEO M +25,316 +$200.00K
2025-10-17 Kevin Bruce Johnson Chief Regulatory Officer G −6,250 —
2025-10-17 Caley Castelein Director G −522 —
2025-09-09 Aaron Kantoff Director M +47,890 +$99.53K
2025-06-06 Caley Castelein Director A +16,800 deriv. —
2025-06-06 Aaron Kantoff Director A +16,800 deriv. —
2025-06-06 Sapna Srivastava Director A +16,800 deriv. —
2025-06-06 Mark McDade Director A +16,800 deriv. —
2025-06-06 Parvinder Thiara Director A +16,800 deriv. —
2025-06-06 Clay B Siegall Director A +16,800 deriv. —
2025-02-04 Sandeep Chidambar Kulkarni CEO A +226,000 deriv. —
2025-01-29 Kevin Bruce Johnson Chief Regulatory Officer A +58,000 deriv. —
2025-01-29 Ryan F. Robinson Chief Financial Officer A +58,000 deriv. —
2025-01-29 Susan Dana Jones Chief Technology Officer A +58,000 deriv. —
2025-01-29 W Bradford Middlekauff CBO, GC and Secretary A +58,000 deriv. —
2024-08-22 Sandeep Chidambar Kulkarni CEO Buy +1,779 +$26.42K
2024-08-20 Sandeep Chidambar Kulkarni CEO Buy +5,221 +$72.00K
2024-06-27 Ryan F. Robinson Chief Financial Officer A +76,400 deriv. —
2024-06-07 Parvinder Thiara Director A +10,000 deriv. —
2024-06-07 Caley Castelein Director A +10,000 deriv. —
2024-06-07 Mark McDade Director A +10,000 deriv. —
2024-06-07 Sapna Srivastava Director A +10,000 deriv. —
2024-06-07 Aaron Kantoff Director A +10,000 deriv. —
2024-06-07 Clay B Siegall Director A +15,000 deriv. —
2024-01-31 Mark McDade Director Buy +100,000 +$3.25M
2023-12-15 Clay B Siegall Director A +20,000 deriv. —
2023-11-20 Parvinder Thiara Director Buy +1,000 +$17.31K
2023-11-20 Sandeep Chidambar Kulkarni CEO Buy +4,000 +$67.96K
2023-10-27 Caley Castelein Director Buy +20,000 +$280.58K
2023-10-26 Parvinder Thiara Director Buy +7,000 +$77.54K
2023-10-26 Aaron Kantoff Director Buy +7,500 +$88.95K
2023-10-26 Sandeep Chidambar Kulkarni CEO Buy +9,650 +$110.91K
TRML — Current Insider Holders
InsiderRole Shares HeldValue
Sandeep Chidambar Kulkarni CEO 30,387 $1.46M
W Bradford Middlekauff CBO, GC and Secretary 8,213 $394.06K
TRML Insider Trading FAQ
Who are the insiders at TRML?
2 officers, directors and 10%+ beneficial owners currently report holdings in TRML via SEC Form 4.
Are TRML insiders buying or selling?
Across the 45 most recent Form 4 filings for TRML, 9 were open-market purchases (code P) and 0 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.
How current is TRML insider data?
Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent TRML filing is dated 2025-10-28.
How to read Form 4 activity

Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.

Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.

Full filing history and per-insider positions are on the TRML quote page; the site-wide leaderboard is on the insider transactions hub.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.