Director Lynch sold 47,600 shares (47.6K) for $2,866,534.08 at $60.22 avg, reducing stake 36.5%
Daniel Lynch, a director at SpringWorks Therapeutics, executed 2 separate sales on 2025-02-20, totaling 47,600 shares for $2,866,534.08 at a blended average price of $60.22. The sale reduced his holdings by 36.5%, from 130,544 shares to 82,944 shares. The transaction occurred just 10 days after Lynch's prior three sales on 2025-02-10 at the same ticker. SpringWorks remains unprofitable with a quarterly net income of $-53,530,000.00 despite strong recent revenue growth of +3417.3% year-over-year. The current stock price of $56.56 is -5.6% from the 52-week high and the sales were executed near the top of the recent 52-week range ($28.61–$59.93), reflecting prices above current levels. Investors should note the concentrated selling activity within a 10-day window and the substantial reduction in this director's ownership stake in a pre-profitable biotech company.