Health Care · Pharmaceutical Preparations

SEPN Septerna, Inc. SEC Filings & Insider Trading Activity 2026

company
CIK 198408652 filings
Russell 2000

SEPN at a glance

Septerna, Inc. (SEPN, SEC CIK 1984086) filed its latest 10-K annual report on March 9, 2026, a 10-Q quarterly report on August 10, 2026, an 8-K current report on August 25, 2026 and Form 4 insider filings as recently as September 10, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.

  • For the fiscal year ended December 31, 2025 (FY2025), Septerna, Inc. (SEPN) reported revenue of $46.0 million (up 4174.5% from FY2024) and a net loss of $48.9 million. Diluted EPS was -$1.10.
  • As of June 30, 2026, 25 institutional investment managers tracked by SignalX reported holding Septerna, Inc. (SEPN) shares worth $275.0 million in 13F-HR filings.
  • The most recent insider open-market sale reported on Form 4 was by Long Daniel D. on September 1, 2026 of 3,333 shares at $37.83 per share.
  • In the last 90 days, SEPN insiders reported 0 open-market purchases ($0) and 9 open-market sales ($72.3M) on Form 4, a net sale of $72.3M.

Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).

Revenue · FY2025
$46.0M
+4174.5% vs prior year
Insiders · 90 days
0 buys · 9 sells
Net −$72.3M
13F holders
25 funds
$275.0M · +4 vs prior quarter
Latest 8-K
Aug 25, 2026
Item 7.01 · Item 8.01

AI 10-Q Quarterly Report Analysis

Latest 10-Q, quarter ended Jun 30, 2026

Risk Factors

  • No newly added or changed risk factor identified; filing retains the 2025 Form 10-K risk framework
  • Regulatory risk: extensive product-candidate regulation may delay or prevent required marketing approvals
  • Clinical-development risk: no advanced clinical trials completed, leaving commercialization years away or uncertain
  • Operational risk: dependence on third-party manufacturers, CROs, and CMOs for compliant supply and testing
  • Liquidity risk: $516.5 million in cash, cash equivalents, and marketable securities expected to fund operations at least twelve months

AI summary of the SEPN 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K

AI 8-K Current Report Analysis

The most recent material events, by 8-K item

Filed Aug 25, 2026Full analysis →

Item 7.01: Regulation FD Disclosure

  • Rajiv Patni, M.D. appointed Chief Medical Officer
  • Senior clinical leadership change potentially relevant to Septerna’s development strategy and program execution

Item 8.01: Other Events

  • Rajiv Patni, M.D. appointed Chief Medical Officer effective August 24, 2026
  • Senior leadership addition relevant to Septerna’s clinical-development strategy and medical oversight
Filed Aug 10, 2026Full analysis →

Item 2.02: Results of Operations and Financial Condition

  • Q2 2026 results and business highlights announced for quarter ended June 30, 2026
  • Press release furnished as Exhibit 99.1, containing the detailed financial and operating information

Item EX-99.1: Item EX-99.1

  • Q2 2026 revenue $26.7M, driven by Novo Nordisk collaboration amortization, milestones, and $11.2M research services
  • Net loss narrowed to $13.0M from $24.8M, despite R&D increasing to $35.1M
Filed Jun 30, 2026Full analysis →

Item 5.07: Submission of Matters to a Vote of Security Holders

  • Shalini Sharp and Jake Simson elected as Class II directors for three-year terms ending at the 2029 annual meeting
  • Sharp received 33,732,317 votes for; Simson received 33,716,857

AI summaries of SEPN 8-K current reports filed with the SEC. What 8-K item codes mean

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Recent Insider Transactions (Form 4)

Latest reported trades by officers, directors and 10% owners

InsiderTypeDatePrice
Patni RajivASep 8, 2026-
Long Daniel D.SellSep 1, 2026$37.83
Long Daniel D.MSep 1, 2026-
Long Daniel D.MSep 1, 2026$2.76
RA CAPITAL MANAGEMENT, L.P.SellAug 12, 2026$42.50
Third Rock Ventures V, L.P.SellAug 12, 2026$50.27
Third Rock Ventures V, L.P.SellAug 12, 2026$51.08
RA CAPITAL MANAGEMENT, L.P.SellAug 12, 2026$42.50

Financial Summary
XBRL

Annual financial summary from SEC XBRL data
MetricFY2023FY2024FY2025
Profitability
Revenue$151K$1.1M$46.0M
Operating Income--$80.8M-$68.3M
Net Income--$71.8M-$48.9M
Op. Margin--7518.4%-148.6%
Net Margin--6678.9%-106.4%
Balance Sheet
Total Assets$130.9M$456.6M$596.2M
Equity-$38.4M$420.0M$381.9M
ROE--17.1%-12.8%
Per Share
EPS$0.29$-7.26$-1.10
Cash Flow
Operating CF--$67.5M$110.2M
CapEx-$2.1M$518K

Source: XBRL data in Septerna, Inc. (SEPN)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →

13F Fund Holdings: Quarterly Trend

Latest: Q2 2026

Aggregate SEPN share value held by 13F filers tracked by SignalX, by quarter.

Quarterly totals table
SEPN shares held by 13F filers tracked by SignalX, by quarter
QuarterFundsTotal value
Q2 202625$275.0M
Q1 202621$182.6M
Q4 202521$209.7M
Q3 202519$111.4M
Q2 202519$56.1M
Q1 202514$21.4M
Q4 202411$66.5M
Position changes: Q1 2026 → Q2 2026
Top Buyers
Top Sellers
Closed Positions
None this quarter.

Source: 13F-HR filings on SEC EDGAR (aggregated from 130 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work

SEPN filing archive

AI analysis pages for each 10-K, 10-Q and 8-K

Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4

FormFiling dateAnalysisSEC
4Sep 10, 2026--
4Sep 3, 2026--
8-KAug 25, 2026Analysis-
4Aug 14, 2026--
4Aug 14, 2026--
4Aug 13, 2026--
8-KAug 10, 2026Analysis-
10-QAug 10, 2026Analysis
4Aug 5, 2026--
4Jul 17, 2026--
4Jun 30, 2026--
4Jun 30, 2026--
8-KJun 30, 2026Analysis-
4Jun 30, 2026--
4Jun 30, 2026--
4Jun 30, 2026--
4Jun 30, 2026--
4Jun 30, 2026--
4Jun 30, 2026--
4Jun 30, 2026--
4Jun 24, 2026--
4Jun 16, 2026--
4May 28, 2026-
8-KMay 11, 2026Analysis
10-QMay 11, 2026Analysis

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SEPN SEC filings: frequently asked questions

Are SEPN insiders buying or selling?

In the last 90 days, Septerna, Inc. (SEPN) officers, directors and 10% owners reported no open-market purchases and 9 open-market sales worth $72.3 million by 4 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.

Which institutions hold SEPN stock?

As of June 30, 2026, the largest Septerna, Inc. (SEPN) holders among the 13F filers tracked by SignalX were Goldman Sachs Group ($102.6 million), BlackRock ($64.7 million), Vanguard Capital Management LLC ($40.9 million), State Street Corp ($21.9 million), Vanguard Portfolio Management LLC ($7.7 million). 13F-HR reports are filed up to 45 days after each quarter ends.

What was SEPN's revenue in fiscal year 2025?

For the fiscal year ended December 31, 2025 (FY2025), Septerna, Inc. (SEPN) reported revenue of $46.0 million (up 4174.5% from FY2024) and a net loss of $48.9 million. Diluted EPS was -$1.10. The figures come from the XBRL data in the 10-K.

What did SEPN report in its latest 8-K?

Septerna, Inc. (SEPN) filed an 8-K on August 25, 2026 reporting Item 7.01 (Regulation FD Disclosure) and Item 8.01 (Other Events). Rajiv Patni, M.D. appointed Chief Medical Officer.

What are the latest SEPN SEC filings?

Septerna, Inc. (SEPN) filed its latest 10-K annual report on March 9, 2026, a 10-Q quarterly report on August 10, 2026, an 8-K current report on August 25, 2026 and a Form 4 insider filing on September 10, 2026.

What is SEPN's SEC CIK number?

Septerna, Inc. (SEPN)'s SEC Central Index Key (CIK) is 1984086. EDGAR lists every SEPN filing under that number.

Ask anything about SEPN

The research agent reads SEPN's filings, financials, insider trades and 13F holders, then answers with sources.