Oriental Spring Venture Ltd, 10% Owner at Terns Pharmaceuticals, Inc. (TERN), sold 1,500,000 shares at $5.50 ($8.3M) on 2022-11-23, disclosed to the SEC on 2022-11-28.
Open-market sale of $8.2M TERN by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $5.50 | 166,666 | $917K | 11.1% |
| 2 | $5.50 | 333,334 | $1.8M | 22.2% |
| 3 | $5.50 | 1,000,000 | $5.5M | 66.7% |
| Total | $5.50 avg | 1,500,000 | $8.3M | 100% |