Aardvark Therapeutics, Inc.

AARD· Nasdaq

Since Oct 4, 2025

Transactions: 4
Purchases: 2
Sales: 2
Purchase value: $144.60K
Sale value: $394.96K

Values are shares multiplied by reported price when both were supplied, each trade counted once however many filers reported it.

Sun NelsonSee Remarks

4Rule 10b5-1 plan disclosed

Filed Sep 11, 2026Period of report Sep 10, 20260001193125-26-389564

Transaction	Security	Shares	Price	ValueValue (shares × price)	Held after	Ownership
SaleSep 11, 2026	Common Stock, par value $0.00001 per share^F1	62,000	$5.1803	$321.18K	35,475	Direct
SaleSep 10, 2026	Common Stock, par value $0.00001 per share^F1^F2^F3	14,754	$5.0006

Filing footnotes · 3

F1The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 11, 2026.
F2The price reported in Column 4 reflects the weighted-average sales price. These shares were sold in multiple transactions at prices ranging from $5.00 to $5.0007, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3Includes 3,745 shares of common stock acquired pursuant to the Issuer's 2025 Employee Stock Purchase Plan on May 22, 2026.

Open on SEC EDGAR

Sun NelsonChief Financial Officer

Filed Dec 12, 2025Period of report Dec 11, 20250001193125-25-318070

Transaction	Security	Shares	Price	ValueValue (shares × price)	Held after	Ownership
PurchaseDec 11, 2025	Common Stock	3,000	$14.40	$43.20K	108,484	Direct

Lee Tien-LiDirector · Chief Executive Officer · 10% owner

Filed Dec 12, 2025Period of report Dec 11, 20250001193125-25-318069

Transaction	Security	Shares	Price	ValueValue (shares × price)	Held after	Ownership
PurchaseDec 11, 2025	Common Stock	7,000	$14.485	$101.40K	1,551,613	Direct

P and S transaction codes only. Grants, gifts, option exercises, tax withholding, and Form 144 notices are not counted as purchases or sales. A row whose filed price fails a plausibility check, or that is not common stock, is listed but left out of the values; a trade reported by several filers is counted once.