Skye Bioscience, Inc. - Insider Sales by 5AM Ventures Entities
The SEC filing details insider sales of Skye Bioscience, Inc. (SKYE) common stock by entities associated with 5AM Ventures. On August 21, 2025, 5AM Ventures II, L.P. sold 58,642 shares at a weighted average price of $3.57, and 5AM Co-Investors II, L.P. sold 2,314 shares at the same price. The following day, August 22, 2025, 5AM Ventures II, L.P. sold an additional 163,979 shares at a weighted average price of $3.42, and 5AM Co-Investors II, L.P. sold 6,470 shares at the same price. The filing also notes that 5AM Ventures VII, L.P. holds 8,167,206 shares of common stock. The transactions were reported by various entities and individuals associated with 5AM Ventures, including John Diekman, Kush Parmar, and Scott M. Rocklage. The filing includes footnotes providing additional details on the transactions and the entities involved.