TRAX - First Tracks Biotherapeutics, Inc.

Insider Sale by Ecor1 Capital, LLC (10%)

1 Month
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Trade Summary

3 days ago, Ecor1 Capital, LLC, serving as 10% owner at First Tracks Biotherapeutics, Inc. (TRAX), sold 4,705,575 shares at $13.81 per share, for a total transaction value of $64,999,990.00. Following this transaction, Ecor1 Capital, LLC now holds 3,174,519 shares of TRAX.

This sale represents a 60.00% decrease in Ecor1 Capital, LLC's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Monday, April 20, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, April 22, 2026, 2 days after the trade was made.

Ecor1 Capital, LLC

Ecor1 Capital, LLC

10%

EcoR1 Capital, LLC is a San Francisco-based biotech-focused investment firm founded in 2012 or 2013 by Oleg Nodelman, who serves as its Founder and Portfolio Manager.[[1]](https://www.ecor1cap.com/team-members/oleg-nodelman)[[2]](https://www.insidermonkey.com/hedge-fund/ecor1+capital/832/)[[3]](https://www.ecor1cap.com/about) The firm specializes in investing across all stages of research and development in the biotechnology sector, particularly in healthcare, life sciences, and oncology, with a patient-driven ethos that emphasizes exceptional management, strong science, and innovative therapeutics.[[1]](https://www.ecor1cap.com/team-members/oleg-nodelman)[[2]](https://www.insidermonkey.com/hedge-fund/ecor1+capital/832/)[[3]](https://www.ecor1cap.com/about) It manages discretionary assets of approximately $5 billion as reported in early 2024, with a portfolio value around $2-4 billion in recent filings, featuring top holdings such as Zymeworks Inc., AnaptysBio, Inc., and Apellis Pharmaceuticals.[[2]](https://www.insidermonkey.com/hedge-fund/ecor1+capital/832/)[[6]](https://fintel.io/i/ecor1-capital-llc)[[7]](https://whalewisdom.com/filer/ecor1-capital-llc) EcoR1 Capital, LLC operates from 357 Tehama Street, Floor 3, San Francisco, CA, and has established itself as a significant player in biotech investing, holding board positions or significant ownership in companies like Zymeworks (as Director and 10% Owner), AnaptysBio, and Galapagos through its leadership.[[1]](https://www.ecor1cap.com/team-members/oleg-nodelman)[[5]](https://www.gurufocus.com/insider/43801/ecor1-capital,-llc) The firm recently traded as a Director at Aktis Oncology, Inc. (AKTS), reflecting its active involvement in oncology-related investments.[user query context] With over 30 holdings and a concentrated top-10 portfolio allocation, EcoR1 supports advancements in treatments for cancer, immunology, and autoimmune diseases.[[6]](https://fintel.io/i/ecor1-capital-llc)[[7]](https://whalewisdom.com/filer/ecor1-capital-llc)

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Trade Price

$13.81

Quantity

4,705,575

Total Value

$64,999,990.00

Shares Owned

3,174,519

Trade Date

Monday, April 20, 2026

3 days ago

SEC Filing Date

Wednesday, April 22, 2026

Filed 2 days after trade

About First Tracks Biotherapeutics, Inc.

Company Overview

No company information available
View news mentioning TRAX

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