SGP - Spyglass Pharma, Inc.

Insider Purchase by New Enterprise Associates 17, L.P. (10%)

3 Months
After Trade
Before Trade

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Trade Summary

1 month ago, New Enterprise Associates 17, L.P., 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, New Enterprise Associates 17, L.P. now holds 6,035,038 shares of SGP.

This purchase represents a 18.00% increase in New Enterprise Associates 17, L.P.'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.

Spyglass Pharma, Inc. operates in the NONE sector, specifically within the NONE industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.

New Enterprise Associates 17, L.P.

New Enterprise Associates 17, L.P.

10%

New Enterprise Associates 17, L.P. is a venture capital investment fund established as part of New Enterprise Associates (NEA), one of the world's largest venture capital firms with over $25 billion in committed capital[[1]](https://en.wikipedia.org/wiki/New_Enterprise_Associates). NEA 17 is a Delaware-organized limited partnership headquartered in Timonium, Maryland, managed by experienced venture capital professionals including Forest Baskett, Ali Behbahani, Carmen Chang, and others[[2]](https://whalewisdom.com/filing/new-enterprise-associates-17-lp-sc-13da-2025-10-06-neue). The fund operates as part of NEA's broader portfolio strategy, which has invested in nearly 1,000 companies since the firm's founding in 1977, with a particular focus on technology and healthcare sectors[[1]](https://en.wikipedia.org/wiki/New_Enterprise_Associates). NEA 17 functions as a growth-stage investment vehicle designed to identify and support ambitious founders and emerging companies[[6]](https://www.nea.com). As a component of NEA's successive fund structure—which has progressively increased in capital size, with the sixteenth fund raising $3.3 billion in 2017[[1]](https://en.wikipedia.org/wiki/New_Enterprise_Associates)—NEA 17 exemplifies the firm's commitment to long-term value creation through strategic venture investments. The fund's participation in equity positions, such as the recent stake in Spyglass Pharma, Inc., reflects NEA's continued emphasis on backing promising enterprises across diverse industries[[2]](https://whalewisdom.com/filing/new-enterprise-associates-17-lp-sc-13da-2025-10-06-neue).

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Trade Price

$16.00

Quantity

937,500

Total Value

$15,000,000.00

Shares Owned

6,035,038

Trade Date

Monday, February 9, 2026

58 days ago

SEC Filing Date

Wednesday, February 11, 2026

Filed 2 days after trade

NONENONE

About Spyglass Pharma, Inc.

Company Overview

No company information available
View news mentioning SGP

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