Terns Pharmaceuticals, Inc. (TERN) Insider Trading
Over the last 3 months, TERN insiders made 0 open-market buys and 3 sales, a net sale of -$731K (SEC Form 4). Over the last 6 months, 197 institutions increased and 95 reduced their position (13F).
Insider Activity
Sentiment
0/100
Buys (3m)
0
Sells (3m)
3
Net (3m)
-$730.8K
Insider trades by month Buys Sells
Oct
Nov
Jan
Feb
Mar
Apr
Context3-month price +33.8%Institutions accumulating (13F)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Apr 2, 2026 | Kuriakose Emilofficer: Chief Medical Officer | Sell | 942 | $52.75 |
| Mar 17, 2026 | Burroughs Amy L.director, officer: Chief Executive Officer | Sell | 11,813 | $46.57 |
| Mar 17, 2026 | Burroughs Amy L.director, officer: Chief Executive Officer | Sell | 2,770 | $47.30 |
| Mar 17, 2026 | Burroughs Amy L.director, officer: Chief Executive Officer | Option | 14,583 | $4.64 |
| Feb 18, 2026 | Burroughs Amy L.director, officer: Chief Executive Officer | Sell | 2,341 | $38.07 |
| Feb 18, 2026 | Burroughs Amy L.director, officer: Chief Executive Officer | Option | 14,583 | $4.64 |
| Feb 18, 2026 | Burroughs Amy L.director, officer: Chief Executive Officer | Sell | 4,083 | $39.80 |
| Feb 18, 2026 | Burroughs Amy L.director, officer: Chief Executive Officer | Sell | 8,159 | $39.22 |
| Feb 2, 2026 | Turner Heather Ddirector | Grant | 1,697 | $34.60 |
| Feb 2, 2026 | Tripuraneni Radhikadirector | Grant | 1,697 | $34.60 |
| Feb 2, 2026 | Azelby Robertdirector | Grant | 1,697 | $34.60 |
| Feb 2, 2026 | Quigley Jill M.director | Grant | 1,697 | $34.60 |
| Feb 2, 2026 | KINDLER JEFFREY Bdirector | Grant | 1,697 | $34.60 |
| Feb 2, 2026 | FELLOWS DAVID Adirector | Grant | 2,828 | $34.60 |
| Jan 16, 2026 | Burroughs Amy L.director, officer: Chief Executive Officer | Option | 27,083 | $4.64 |
| Jan 16, 2026 | Burroughs Amy L.director, officer: Chief Executive Officer | Option | 14,583 | $4.64 |
| Jan 16, 2026 | Burroughs Amy L.director, officer: Chief Executive Officer | Grant | 300,000 | $37.18 |
| Jan 16, 2026 | Burroughs Amy L.director, officer: Chief Executive Officer | Sell | 61,228 | $37.02 |
| Jan 16, 2026 | Burroughs Amy L.director, officer: Chief Executive Officer | Grant | 150,000 | — |
| Jan 16, 2026 | Burroughs Amy L.director, officer: Chief Executive Officer | Sell | 7,521 | $37.53 |
| Jan 16, 2026 | Gengos Andrewofficer: Chief Financial Officer | Grant | 68,750 | — |
| Jan 16, 2026 | Gengos Andrewofficer: Chief Financial Officer | Grant | 137,500 | $37.18 |
| Jan 16, 2026 | Kuriakose Emilofficer: Chief Medical Officer | Grant | 56,250 | — |
| Jan 16, 2026 | Kuriakose Emilofficer: Chief Medical Officer | Grant | 112,500 | $37.18 |
| Jan 6, 2026 | Kuriakose Emilofficer: Chief Medical Officer | Sell | 955 | $38.36 |
| Jan 6, 2026 | Burroughs Amy L.director, officer: Chief Executive Officer | Option | 21,551 | $4.64 |
| Jan 6, 2026 | Burroughs Amy L.director, officer: Chief Executive Officer | Option | 150,000 | — |
| Jan 6, 2026 | Burroughs Amy L.director, officer: Chief Executive Officer | Sell | 71,339 | $38.10 |
| Jan 6, 2026 | Kuriakose Emilofficer: Chief Medical Officer | Sell | 200 | $39.60 |
| Nov 5, 2025 | Quigley Jill M.director | Option | 24,520 | $9.24 |
Source: TERN SEC Form 4 filings, latest Apr 2, 2026. For informational purposes only — not investment advice.
Institutional activity (13F)
How institutions changed their TERN positions over the last 6 months (SEC Form 13F).
Increased
197
New positions
254
Reduced
95
Sold out
74
Largest moves
| Institution | Action | Shares | Filed |
|---|---|---|---|
| BLACKROCK, INC. | Increased | 9.6M | May 13, 2026 |
| BLACKROCK, INC. | Increased | 8.2M | Feb 12, 2026 |
| MORGAN STANLEY | Increased | 7.9M | Feb 13, 2026 |
| MORGAN STANLEY | Reduced | 6.4M | May 15, 2026 |
| AVORO CAPITAL ADVISORS LLC | Increased | 5.7M | May 15, 2026 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Increased | 5.5M | Feb 17, 2026 |
| VANGUARD GROUP INC | Increased | 5.5M | Jan 29, 2026 |
| VIVO CAPITAL, LLC | Reduced | 5.3M | Feb 13, 2026 |
| VESTAL POINT CAPITAL, LP | New Position | 4.5M | Feb 17, 2026 |
| VANGUARD CAPITAL MANAGEMENT LLC | New Position | 4.4M | May 15, 2026 |
| AVORO CAPITAL ADVISORS LLC | New Position | 4.3M | Mar 16, 2026 |
| HOLOCENE ADVISORS, LP | Increased | 4.1M | May 15, 2026 |
| JANUS HENDERSON GROUP PLC | New Position | 3.4M | Feb 17, 2026 |
| CITADEL ADVISORS LLC | Increased | 3.2M | May 15, 2026 |
| CITADEL ADVISORS LLC | Increased | 3.2M | Feb 17, 2026 |
Source: SEC Form 13F filings. For informational purposes only — not investment advice.