Home / Auditor changes / Crinetics Pharmaceuticals, Inc.

3/5Crinetics Pharmaceuticals, Inc. (CRNX): Auditor change

Filed 2026-03-03 路 Form 8-K 路 Accession 0001658247-26-000017 mid

Market data

Price before filing: $40.68 (2026-03-02 close, split/dividend-adjusted)
Market cap at flag: $4.18B (2026-03-03) 路 Latest: $8.97B (2026-09-02)

What happened next

WindowCRNXSPYvs SPY
30 days-8.5%-4.2%-4.3%2026-04-02
90 days-15.1%+10.8%-26.0%2026-06-01
180 days+108.8%+12.3%+96.5%2026-08-31

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: 1 insider sold $138K (1 sale)
30 days after: 6 insiders sold $2.2M (10 sales)

DateInsiderTypeSharesPriceValue10b5-1 planSource
2026-01-05Kalofonos Isabel
Chief Commercial Officer
Sale2,500$55.00$138KyesForm 4
2026-03-03: red flag filed
2026-03-03Okey Stephanie
Director
Sale3,000$39.67$119KyesForm 4
2026-03-03Schilke Tobin
Chief Financial Officer
Sale6,713$39.67$266KyesForm 4
2026-03-12Vivaldi Coelho Rogerio
Director
Sale4,477$36.08$162KyesForm 4
2026-03-12Vivaldi Coelho Rogerio
Director
Sale523$36.77$19KyesForm 4
2026-03-16Betz Stephen F.
Chief Scientific Officer
Sale6,371$37.11$236KyesForm 4
2026-03-16Betz Stephen F.
Chief Scientific Officer
Sale4,241$37.77$160KyesForm 4
2026-03-16Knight Jeff E.
Chief Operating Officer
Sale5,950$37.11$221KyesForm 4
2026-03-16Knight Jeff E.
Chief Operating Officer
Sale3,961$37.77$150KyesForm 4
2026-03-16Struthers Richard Scott
President & CEO, Director
Sale13,196$37.11$490KyesForm 4
2026-03-16Struthers Richard Scott
President & CEO, Director
Sale8,785$37.77$332KyesForm 4

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-12-03 to 2026-04-02. 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

"(the "Company") approved the dismissal of BDO USA, P.C. ("BDO") as the Company's independent registered public accounting firm."

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: PricewaterhouseCoopers LLP

Read the original filing on SEC.gov →

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

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