Home / Auditor changes / Avidity Biosciences, Inc.

3/5Avidity Biosciences, Inc. (RNA): Auditor change

Filed 2025-04-29 路 Form 8-K 路 Accession 0001599901-25-000091 micro

Market data

Price before filing: n/a (n/a close, split/dividend-adjusted)
Market cap at flag: n/a 路 Latest: $131.2M (2026-10-16)

What happened next

WindowRNASPYvs SPY
30 daysn/an/an/a
90 daysn/an/an/a
180 daysn/an/an/a

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: 6 insiders sold $3.3M (10 sales)
30 days after: 1 insider sold $190K (1 sale)

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-02-03Gallagher Kathleen P.
Chief Program Officer
Sale5,875$32.16$189KyesForm 4
2025-03-03Gallagher Kathleen P.
Chief Program Officer
Sale5,875$29.41$173KyesForm 4
2025-03-11Flanagan W. Michael
Chief Scientific Officer
Sale20,000$30.13$603KyesForm 4
2025-03-20Boyce Sarah
President and CEO, Director
Sale31,540$31.06$980KyesForm 4
2025-03-20Flanagan W. Michael
Chief Scientific Officer
Sale11,780$31.06$366KyesForm 4
2025-03-20Hughes Steven George
Chief Medical Officer
Sale9,578$31.06$297KyesForm 4
2025-03-20MacLean Michael F
Chief Financial Officer
Sale7,935$31.06$246KyesForm 4
2025-03-20McCarthy Teresa
Chief Human Resources Officer
Sale7,778$31.06$242KyesForm 4
2025-04-01Gallagher Kathleen P.
Chief Program Officer
Sale5,546$27.83$154KyesForm 4
2025-04-01Gallagher Kathleen P.
Chief Program Officer
Sale329$27.83$9KyesForm 4
2025-04-29: red flag filed
2025-05-01Gallagher Kathleen P.
Chief Program Officer
Sale5,875$32.40$190KyesForm 4

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-01-29 to 2025-05-29. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"As a result of this process, on April 25, 2025, the Audit Committee approved the appointment of Deloitte & Touche LLP ("Deloitte") as the Company's independent registered public accounting firm for the year ending December 31, 2025, with such appointment to be effective immediately following the filing of the Company's quarterly report on Form 10-Q for the quarter ended March 31, 2025 (the "Q1 Form 10-Q")."

Quoted from the filing. Source

What this means

The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.

Type: dismissed
Disagreements reported: no
Former auditor: BDO USA, P.C. · New auditor: Deloitte & Touche LLP

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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