InsiderSignal.AI

InsiderSignal.ai

SGP - Spyglass Pharma, Inc.

Insider Purchase by Baskett Forest (10%)

1 Month
After Trade
Before Trade

Loading data...

Trade Summary

1 week ago, Baskett Forest, serving as 10% owner at Spyglass Pharma, Inc. (SGP), purchased 937,500 shares at $16.00 per share, for a total transaction value of $15,000,000.00. Following this transaction, Baskett Forest now holds 7,392,301 shares of SGP.

This purchase represents a 15.00% increase in Baskett Forest's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Monday, February 9, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, February 11, 2026, 2 days after the trade was made.

Baskett Forest

10%

Forest Baskett is a General Partner at New Enterprise Associates (NEA), a prominent venture capital firm, where he has focused on investments in technology, software, healthcare devices, and related sectors since joining as a Venture Partner in 1999.[[2]](https://gemini.health/forest-baskett-phd-advisor/)[[4]](https://www.cs.utexas.edu/advisory-council/forest-baskett) As a 10% owner of SpyGlass Pharma, Inc. (SGP), Baskett is listed among insiders involved in recent equity transactions around the company's initial public offering on February 9, 2026, including automatic conversions of preferred stock to common stock and purchases through NEA funds such as NEA 17 and NEA 16, resulting in holdings exceeding 6 million shares indirectly.[[1]](https://www.stocktitan.net/sec-filings/SGP/)[[3]](https://insiderinsights.com/free/index.php?s=ticker&o=-1&a=&q=SGP)[[8]](https://www.insidermonkey.com/insider-trading/company/spyglass+pharma+inc/1778922/) Baskett's distinguished career includes serving as Chief Technology Officer and Senior Vice President at Graphics Properties Holdings, Inc., and Silicon Graphics Inc., founding the Western Research Laboratory of Digital Equipment Corporation (1982-1986), and professorship in Computer Science and Electrical Engineering at Stanford University (1971-1982).[[2]](https://gemini.health/forest-baskett-phd-advisor/)[[4]](https://www.cs.utexas.edu/advisory-council/forest-baskett) He holds a Ph.D. in Computer Science from the University of Texas at Austin and a B.A. in Mathematics from Rice University, and is a member of the National Academy of Engineering.[[4]](https://www.cs.utexas.edu/advisory-council/forest-baskett)

View full insider profile →

Trade Price

$16.00

Quantity

937,500

Total Value

$15,000,000.00

Shares Owned

7,392,301

Trade Date

Monday, February 9, 2026

13 days ago

SEC Filing Date

Wednesday, February 11, 2026

Filed 2 days after trade

About Spyglass Pharma, Inc.

Company Overview

No company information available
View news mentioning SGP

💬 Want Deeper Insight?

Use our AI assistant to ask questions about this trade, the insider, or the company.

Chat with AI

Share this trade

https://insidersignal.ai/trade/3898254

🚀 Track Insider Trades in Real-Time

Create a free account to access our full database of insider trades, AI-powered analysis, price alerts, and discover what corporate executives are buying and selling.

Create Free AccountLearn More

✓ Free forever plan available  •  ✓ No credit card required  •  ✓ Cancel anytime