Takeda Amends Phathom Ownership Filing

TL;DR

Takeda updated its 13D filing for Phathom. No big moves, just housekeeping.

AI Summary

Takeda Pharmaceutical Company Limited, through its filing on April 10, 2024, has amended its Schedule 13D/A regarding Phathom Pharmaceuticals, Inc. This amendment, number 7, indicates a change in the reporting of beneficial ownership. The filing does not specify dollar amounts or new share acquisitions but updates the ownership status.

Why It Matters

This filing updates Takeda's beneficial ownership of Phathom Pharmaceuticals, Inc., which could signal strategic shifts or ongoing relationships between the two entities.

Risk Assessment

Risk Level: low — The filing is an amendment to a previous filing and does not indicate new material events or significant changes in ownership percentages.

Key Players & Entities

• Takeda Pharmaceutical Company Limited (company) — Filing entity
• Phathom Pharmaceuticals, Inc. (company) — Subject company
• Yoshihiro Nakagawa (person) — Contact person for Takeda
• Polsinelli PC (company) — Legal counsel
• Shashi Khiani (person) — Contact person at Polsinelli PC

FAQ

Key Financial Figures

• $0.0001 — me of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securiti
• $10.66 — 04012024 Sale in Public Market 62,503 $10.66 $10.50 - $11.01 04052024 Sale in Publi
• $10.50 — 024 Sale in Public Market 62,503 $10.66 $10.50 - $11.01 04052024 Sale in Public Marke
• $11.01 — in Public Market 62,503 $10.66 $10.50 - $11.01 04052024 Sale in Public Market 144,471
• $10.78 — 04052024 Sale in Public Market 144,471 $10.78 $10.50 - $11.06 04082024 Sale in Publi
• $11.06 — n Public Market 144,471 $10.78 $10.50 - $11.06 04082024 Sale in Public Market 63,132
• $11.08 — 04082024 Sale in Public Market 63,132 $11.08 $10.88 - $11.29 04092024 Sale in Publi
• $10.88 — 024 Sale in Public Market 63,132 $11.08 $10.88 - $11.29 04092024 Sale in Public Marke
• $11.29 — in Public Market 63,132 $11.08 $10.88 - $11.29 04092024 Sale in Public Market 92,631
• $11.94 — 04092024 Sale in Public Market 92,631 $11.94 $10.98 - $12.25 1 The price reported
• $10.98 — 024 Sale in Public Market 92,631 $11.94 $10.98 - $12.25 1 The price reported in the
• $12.25 — in Public Market 92,631 $11.94 $10.98 - $12.25 1 The price reported in the column ti
• $1 — separate price. Each price was within a $1 price range, which such price range is

Filing Documents

• sc13da_041024.htm (SC 13D/A) — 47KB
• 0001395064-24-000025.txt ( ) — 49KB

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer.

of the Prior Filing is hereby amended and restated in its entirety as follows

Item 5 of the Prior Filing is hereby amended and restated in its entirety as follows (a) See rows (11) and (13) of the cover page to this Amendment for the aggregate number of shares of Common Stock and percentage of shares of Common Stock beneficially owned by the Reporting Person. (b) See rows (7) through (10) of the cover page to this Amendment for the number of shares of Common Stock as to which the Reporting Person has the sole or shared power to vote or direct the vote and sole or shared power to dispose or to direct the disposition. (c) Transactions in the shares of Common Stock effected by the Reporting Person during the 60 days prior to the date hereof are set forth on Schedule 1 and are incorporated herein by reference. (d) To the best knowledge of the Reporting Person, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock beneficially owned by the Reporting Person. (e) On April 8, 2024, the Reporting Person ceased to be the beneficial owner of more than five percent of Common Stock. CUSIP No. 71722W107 Page 4 of 5 Pages SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated April 10, 2024 TAKEDA PHARMACEUTICAL COMPANY LIMITED By s Amit Singh Name Amit Singh Title Senior Vice President and Head of Treasury SCHEDULE 1 TRANSACTIONS IN THE SHARES OF COMMON STOCK BY THE REPORTING PERSON The following table sets forth all transactions in the shares of Common Stock effected by the Reporting Person during the past sixty (60) days. Unless otherwise noted below, all such transactions were effected in the open market through brokers and the price per share excludes commissions. Transaction Date Type of Transaction Number of Shares Sold Price Per Share Price Range 1 04012024 Sale in Public Market 62,503 $10.66 $10.50 - $1

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View this SC 13D/A filing on SEC EDGAR