CALC · CalciMedica, Inc.
Substantial doubt about the company's ability to continue as a going concern.
“Based on our current operating plans, we believe our cash and cash equivalents will be sufficient to fund our current operations into the second half of 2027. As a result, there is substantial doubt about our ability to continue as a going concern.”View the 10-Q filed Aug 11, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
Insider Sentiment Score
Peer-relative 0–100 rank of how aggressively insiders accumulated over the trailing 90 days. See the full ranking.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-08-19 | Leheny A. Rachel |
Director, CHIEF EXECUTIVE OFFICER, 10% Owner |
Award↑
Filing footnotes — Warrant (Direct)
The securities were acquired from the Issuer pursuant to a Securities Purchase Agreement dated June 23, 2026, with a closing date of June 25, 2026. The Securities Purchase Agreement and the issuance of the securities thereunder was approved by an independent committee of the Issuer's Board of Directors. The warrant may be exercised on or after August 19, 2026, and on or prior to June 25, 2031; provided, however, that the warrant may not be exercised if the aggregate number of shares of Common Stock beneficially owned by the holder thereof immediately following such exercise would exceed a specified beneficial ownership limitation, not to exceed 19.99%. |
Warrant
|
186,729 |
| 2026-08-19 | Zaytsev Evgeny |
Director |
Award↑
Filing footnotes — Warrant (Indirect)
The securities were acquired from the Issuer pursuant to a Securities Purchase Agreement dated June 23, 2026, with a closing date of June 25, 2026. The Securities Purchase Agreement and the issuance of the securities thereunder was approved by an independent committee of the Issuer's Board of Directors. The warrant may be exercised on or after August 19, 2026 and on or prior to June 25, 2031; provided, however, that the holder will be prohibited, subject to certain exceptions, from exercising such warrant for shares of common stock of the Issuer to the extent that immediately prior to or after giving effect to such exercise, the holder, together with its affiliates and other attribution parties, would own more than 9.99% of the total number of shares of common stock of the Issuer then issued and outstanding, which percentage may be changed at the holder's election to a lower percentage at any time or to a higher percentage upon 61 days' notice to the Issuer. The securities are held by Bering Partners II, L.P. ("Bering II"). Bering Partners II GP, L.L.C. ("Bering II GP") is the general partner of Bering II and may be deemed to have voting and dispositive power over the securities held by Bering II. The Reporting Person, a member of the Issuer's board of directors, and Philip Sawyer are the managing members of Bering II GP and may be deemed to have voting and dispositive power with respect to these securities. Each of Bering II GP, the Reporting Person and Mr. Sawyer disclaim beneficial ownership of the securities held by Bering II, except to the extent of such person's pecuniary interest therein. |
Warrant
(I)
|
1,450,267 |
| 2026-08-19 | Shaw Allan |
Director |
Award↑
Filing footnotes — Director Stock Option (Right to Buy) (Direct)
1/12th of the shares subject to the option vest in equal monthly installments over a one year period following the date of grant, provided that the option will in any case be fully vested on the date of the 2027 annual meeting of stockholders of CalciMedica, Inc. |
Director Stock Option (Right to Buy)
|
10,000 |
| 2026-08-19 | Hebbar Sudarshan |
Chief Medical Officer |
Award↑
Filing footnotes — Warrant (Direct)
The securities were acquired from the Issuer pursuant to a Securities Purchase Agreement dated June 23, 2026, with a closing date of June 25, 2026. The Securities Purchase Agreement and the issuance of the securities thereunder was approved by an independent committee of the Issuer's Board of Directors. The warrant may be exercised on or after August 19, 2026, and on or prior to the earlier of (i) December 25, 2027 and (ii) thirty (30) days following the Issuer's public disclosure of the clearance of its Investigational New Drug Application by the U.S. Food and Drug Administration for CM5480; provided, however, that the warrant may not be exercised if the aggregate number of shares of Common Stock beneficially owned by the holder thereof immediately following such exercise would exceed a specified beneficial ownership limitation, not to exceed 19.99%. |
Warrant
|
124,486 |
| 2026-08-19 | Glicklich Alan |
Director |
Award↑
Filing footnotes — Director Stock Option (Right to Buy) (Direct)
1/12th of the shares subject to the option vest in equal monthly installments over a one year period following the date of grant, provided that the option will in any case be fully vested on the date of the 2027 annual meeting of stockholders of CalciMedica, Inc. |
Director Stock Option (Right to Buy)
|
10,000 |
| 2026-08-19 | WILSON ROBERT N |
Director |
Award↑
Filing footnotes — Director Stock Option (Right to Buy) (Direct)
1/12th of the shares subject to the option vest in equal monthly installments over a one year period following the date of grant, provided that the option will in any case be fully vested on the date of the 2027 annual meeting of stockholders of CalciMedica, Inc. |
Director Stock Option (Right to Buy)
|
10,000 |
| 2026-08-19 | ALAFI CAPITAL CO LLC |
10% Owner |
Award↑
Filing footnotes — Series A Warrants (Direct)
The issue date of the Series A Warrants is August 19, 2026. The expiration of these Series A Warrants is the earlier of (i) 18 months after the closing date of the Private Placement and (ii) 30 days following the Issuer's public announcement of the clearance of its Investigational New Drug Application by the U.S. Food and Drug Administration for CM5480. |
Series A Warrants
|
3,529,192 |
| 2026-08-19 | Hebbar Sudarshan |
Chief Medical Officer |
Award↑
Filing footnotes — Warrant (Direct)
The securities were acquired from the Issuer pursuant to a Securities Purchase Agreement dated June 23, 2026, with a closing date of June 25, 2026. The Securities Purchase Agreement and the issuance of the securities thereunder was approved by an independent committee of the Issuer's Board of Directors. The warrant may be exercised on or after August 19, 2026, and on or prior to June 25, 2031; provided, however, that the warrant may not be exercised if the aggregate number of shares of Common Stock beneficially owned by the holder thereof immediately following such exercise would exceed a specified beneficial ownership limitation, not to exceed 19.99%. |
Warrant
|
124,486 |
| 2026-08-19 | Leheny A. Rachel |
Director, CHIEF EXECUTIVE OFFICER, 10% Owner |
Award↑
Filing footnotes — Warrant (Direct)
The securities were acquired from the Issuer pursuant to a Securities Purchase Agreement dated June 23, 2026, with a closing date of June 25, 2026. The Securities Purchase Agreement and the issuance of the securities thereunder was approved by an independent committee of the Issuer's Board of Directors. The warrant may be exercised on or after August 19, 2026, and on or prior to the earlier of (i) December 25, 2027 and (ii) thirty (30) days following the Issuer's public disclosure of the clearance of its Investigational New Drug Application by the U.S. Food and Drug Administration for CM5480; provided, however, that the warrant may not be exercised if the aggregate number of shares of Common Stock beneficially owned by the holder thereof immediately following such exercise would exceed a specified beneficial ownership limitation, not to exceed 19.99%. |
Warrant
|
186,729 |
| 2026-08-19 | Roberts Eric W |
Director, CHIEF BUSINESS OFFICER, 10% Owner |
Award↑
Filing footnotes — Warrant (Direct)
The securities were acquired from the Issuer pursuant to a Securities Purchase Agreement dated June 23, 2026, with a closing date of June 25, 2026. The Securities Purchase Agreement and the issuance of the securities thereunder was approved by an independent committee of the Issuer's Board of Directors. The warrant may be exercised on or after August 19, 2026, and on or prior to the earlier of (i) December 25, 2027 and (ii) thirty (30) days following the Issuer's public disclosure of the clearance of its Investigational New Drug Application by the U.S. Food and Drug Administration for CM5480; provided, however, that the holder will be prohibited, subject to certain exceptions, from exercising such warrant for shares of common stock of the Issuer to the extent that immediately prior to or after giving effect to such exercise, the holder, together with its affiliates and other attribution parties, would own more than 19.99% of the total number of shares of common stock of the Issuer then issued and outstanding, which percentage may be changed at the holder's election to a lower percentage at any time or to a higher percentage upon 61 days' notice to the Issuer. |
Warrant
|
186,729 |
| 2026-08-19 | Guerard Frederic |
Director |
Award↑
Filing footnotes — Director Stock Option (Right to Buy) (Direct)
1/12th of the shares subject to the option vest in equal monthly installments over a one year period following the date of grant, provided that the option will in any case be fully vested on the date of the 2027 annual meeting of stockholders of CalciMedica, Inc. |
Director Stock Option (Right to Buy)
|
10,000 |
| 2026-08-19 | Zaytsev Evgeny |
Director |
Award↑
Filing footnotes — Warrant (Indirect)
The securities were acquired from the Issuer pursuant to a Securities Purchase Agreement dated June 23, 2026, with a closing date of June 25, 2026. The Securities Purchase Agreement and the issuance of the securities thereunder was approved by an independent committee of the Issuer's Board of Directors. The warrant may be exercised on or after August 19, 2026, and on or prior to the earlier of (i) December 25, 2027 and (ii) thirty (30) days following the Issuer's public disclosure of the clearance of its Investigational New Drug Application by the U.S. Food and Drug Administration for CM5480; provided, however, that the holder will be prohibited, subject to certain exceptions, from exercising such warrant for shares of common stock of the Issuer to the extent that immediately prior to or after giving effect to such exercise, the holder, together with its affiliates and other attribution parties, would own more than 9.99% of the total number of shares of common stock of the Issuer then issued and outstanding, which percentage may be changed at the holder's election to a lower percentage at any time or to a higher percentage upon 61 days' notice to the Issuer. The securities are held by Bering Partners II, L.P. ("Bering II"). Bering Partners II GP, L.L.C. ("Bering II GP") is the general partner of Bering II and may be deemed to have voting and dispositive power over the securities held by Bering II. The Reporting Person, a member of the Issuer's board of directors, and Philip Sawyer are the managing members of Bering II GP and may be deemed to have voting and dispositive power with respect to these securities. Each of Bering II GP, the Reporting Person and Mr. Sawyer disclaim beneficial ownership of the securities held by Bering II, except to the extent of such person's pecuniary interest therein. |
Warrant
(I)
|
1,450,267 |
| 2026-08-19 | ALAFI CAPITAL CO LLC |
10% Owner |
Award↑
Filing footnotes — Series B Warrants (Direct)
The issue date of the Series B Warrants is August 19, 2026. |
Series B Warrants
|
3,529,192 |
| 2026-08-19 | Roberts Eric W |
Director, CHIEF BUSINESS OFFICER, 10% Owner |
Award↑
Filing footnotes — Warrant (Direct)
The securities were acquired from the Issuer pursuant to a Securities Purchase Agreement dated June 23, 2026, with a closing date of June 25, 2026. The Securities Purchase Agreement and the issuance of the securities thereunder was approved by an independent committee of the Issuer's Board of Directors. The warrant may be exercised on or after August 19, 2026 and on or prior to June 25, 2031; provided, however, that the holder will be prohibited, subject to certain exceptions, from exercising such warrant for shares of common stock of the Issuer to the extent that immediately prior to or after giving effect to such exercise, the holder, together with its affiliates and other attribution parties, would own more than 19.99% of the total number of shares of common stock of the Issuer then issued and outstanding, which percentage may be changed at the holder's election to a lower percentage at any time or to a higher percentage upon 61 days' notice to the Issuer. |
Warrant
|
186,729 |
| 2026-08-19 | Zaytsev Evgeny |
Director |
Award↑
Filing footnotes — Director Stock Option (Right to Buy) (Direct)
1/12th of the shares subject to the option vest in equal monthly installments over a one year period following the date of grant, provided that the option will in any case be fully vested on the date of the 2027 annual meeting of stockholders of CalciMedica, Inc. |
Director Stock Option (Right to Buy)
|
10,000 |
| 2026-08-19 | WILSON ROBERT N |
Director |
Award↑
Filing footnotes — Warrant (Direct)
The securities were acquired from the Issuer pursuant to a Securities Purchase Agreement dated June 23, 2026, with a closing date of June 25, 2026. The Securities Purchase Agreement and the issuance of the securities thereunder was approved by an independent committee of the Issuer's Board of Directors. The warrant may be exercised on or after August 19, 2026, and on or prior to June 25, 2031; provided, however, that the warrant may not be exercised if the aggregate number of shares of Common Stock beneficially owned by the holder thereof immediately following such exercise would exceed a specified beneficial ownership limitation, not to exceed 19.99%. |
Warrant
|
1,182,621 |
| 2026-08-19 | WILSON ROBERT N |
Director |
Award↑
Filing footnotes — Warrant (Direct)
The securities were acquired from the Issuer pursuant to a Securities Purchase Agreement dated June 23, 2026, with a closing date of June 25, 2026. The Securities Purchase Agreement and the issuance of the securities thereunder was approved by an independent committee of the Issuer's Board of Directors. The warrant may be exercised on or after August 19, 2026, and on or prior to the earlier of (i) December 25, 2027 and (ii) thirty (30) days following the Issuer's public disclosure of the clearance of its Investigational New Drug Application by the U.S. Food and Drug Administration for CM5480; provided, however, that the warrant may not be exercised if the aggregate number of shares of Common Stock beneficially owned by the holder thereof immediately following such exercise would exceed a specified beneficial ownership limitation, not to exceed 19.99%. |
Warrant
|
1,182,621 |
| 2026-07-02 | Zaytsev Evgeny |
Director |
Award↑
Filing footnotes — Director Stock Option (Right to Buy) (Direct)
1/36th of the shares subject to the option vest in equal monthly installments over a three year period following the date of grant. |
Director Stock Option (Right to Buy)
|
20,000 |
| 2026-06-25 | WILSON ROBERT N |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
The securities were acquired from the Issuer pursuant to a Securities Purchase Agreement dated June 23, 2026, with a closing date of June 25, 2026. The Securities Purchase Agreement and the issuance of the securities thereunder was approved by an independent committee of the Issuer's Board of Directors. |
Common Stock
|
1,182,621 |
| 2026-06-25 | Hebbar Sudarshan |
Chief Medical Officer |
Award↑
Filing footnotes — Common Stock (Direct)
The securities were acquired from the Issuer pursuant to a Securities Purchase Agreement dated June 23, 2026, with a closing date of June 25, 2026. The Securities Purchase Agreement and the issuance of the securities thereunder was approved by an independent committee of the Issuer's Board of Directors. |
Common Stock
|
124,486 |
| 2026-06-25 | MIDDLETON FRED A |
Director, 10% Owner |
Buy↑
Filing footnotes — Common Stock (Indirect)
The securities were acquired from the Issuer pursuant to a Securities Purchase Agreement dated June 23, 2026, with a closing date of June 25, 2026. The Securities Purchase Agreement and the issuance of the securities thereunder was approved by an independent committee of the Issuer's Board of Directors. The Reporting Person, a director of Sanderling Ventures, may be deemed to beneficially own the securities of the Issuer held by Sanderling Venture Partners VI Co-Investment Fund, LP ("SVP VI Co-Investment, LP", together with Sanderling Venture Partners VI, LP., Sanderling VI Beteiligungs GmbH & Co. KG, Sanderling Ventures Management VI and Sanderling VI Limited Partnership (the "Sanderling VI Securities"). The Reporting Person disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein. |
Common Stock
(I)
|
248,972 |
| 2026-06-25 | Roberts Eric W |
Director, CHIEF BUSINESS OFFICER, 10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
The securities were acquired from the Issuer pursuant to a Securities Purchase Agreement dated June 23, 2026, with a closing date of June 25, 2026. The Securities Purchase Agreement and the issuance of the securities thereunder was approved by an independent committee of the Issuer's Board of Directors. |
Common Stock
|
186,729 |
| 2026-06-25 | Leheny A. Rachel |
Director, CHIEF EXECUTIVE OFFICER, 10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
The securities were acquired from the Issuer pursuant to a Securities Purchase Agreement dated June 23, 2026, with a closing date of June 25, 2026. The Securities Purchase Agreement and the issuance of the securities thereunder was approved by an independent committee of the Issuer's Board of Directors. |
Common Stock
|
186,729 |
| 2025-10-13 | Glicklich Alan |
Director |
Award↑
Filing footnotes — Director Stock Option (Right to Buy) (Direct)
Beginning October 1, 2025, 1/3rd of the shares subject to the option shall vest in equal monthly installments. |
Director Stock Option (Right to Buy)
|
937 |
| 2025-09-18 | Roberts Eric W |
Director, CHIEF BUSINESS OFFICER, 10% Owner |
Buy↑
|
Common Stock
(I)
|
2,500 |
| 2025-09-15 | Roberts Eric W |
Director, CHIEF BUSINESS OFFICER, 10% Owner |
Buy↑
Filing footnotes — Common Stock (Indirect)
The weighted average purchase price for the transaction reported was $2.6779, and the range of prices were between $2.65 and $2.70. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares purchased at each separate price will be provided. |
Common Stock
(I)
|
3,400 |
| 2025-09-12 | Roberts Eric W |
Director, CHIEF BUSINESS OFFICER, 10% Owner |
Buy↑
|
Common Stock
(I)
|
5,000 |
| 2025-09-09 | Roberts Eric W |
Director, CHIEF BUSINESS OFFICER, 10% Owner |
Buy↑
Filing footnotes — Common Stock (Indirect)
The weighted average purchase price for the transaction reported was $3.1488, and the range of prices were between $2.75 and $3.21. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares purchased at each separate price will be provided. |
Common Stock
(I)
|
2,343 |
| 2025-08-29 | Roberts Eric W |
Director, CHIEF BUSINESS OFFICER, 10% Owner |
Buy↑
|
Common Stock
(I)
|
800 |
| 2025-08-28 | Roberts Eric W |
Director, CHIEF BUSINESS OFFICER, 10% Owner |
Buy↑
Filing footnotes — Common Stock (Indirect)
The weighted average purchase price for the transaction reported was $2.8630, and the range of prices were between $2.75 and $2.92. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares purchased at each separate price will be provided. |
Common Stock
(I)
|
9,200 |
| 2025-08-21 | Roberts Eric W |
Director, CHIEF BUSINESS OFFICER, 10% Owner |
Buy↑
Filing footnotes — Common Stock (Indirect)
The weighted average purchase price for the transaction reported was $2.7928, and the range of prices were between $2.75 and $2.80. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares purchased at each separate price will be provided. |
Common Stock
(I)
|
3,508 |
| 2025-08-20 | Roberts Eric W |
Director, CHIEF BUSINESS OFFICER, 10% Owner |
Convert↑
|
Common Stock
|
15,000 |
| 2025-08-20 | Roberts Eric W |
Director, CHIEF BUSINESS OFFICER, 10% Owner |
Convert↓
Filing footnotes — Employee Stock Option (Right to Buy) (Direct)
Immediately exercisable. |
Employee Stock Option (Right to Buy)
|
15,000 |
| 2025-08-20 | Roberts Eric W |
Director, CHIEF BUSINESS OFFICER, 10% Owner |
Buy↑
|
Common Stock
(I)
|
2,000 |
| 2025-08-19 | Roberts Eric W |
Director, CHIEF BUSINESS OFFICER, 10% Owner |
Buy↑
|
Common Stock
(I)
|
1,000 |
| 2025-08-19 | Hebbar Sudarshan |
Chief Medical Officer |
Buy↑
Filing footnotes — Common Stock (Direct)
The weighted average purchase price for the transaction reported was $2.8194, and the range of prices were between $2.74 and $2.86. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares purchased at each separate price will be provided. |
Common Stock
|
9,563 |
| 2025-08-15 | Roberts Eric W |
Director, CHIEF BUSINESS OFFICER, 10% Owner |
Buy↑
Filing footnotes — Common Stock (Indirect)
The weighted average purchase price for the transaction reported was $2.8977, and the range of prices were between $2.80 and $2.90. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares purchased at each separate price will be provided. |
Common Stock
(I)
|
5,076 |
| 2025-08-15 | Hebbar Sudarshan |
Chief Medical Officer |
Buy↑
Filing footnotes — Common Stock (Direct)
The weighted average purchase price for the transaction reported was $2.7930, and the range of prices were between $2.70 and $2.85. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares purchased at each separate price will be provided. |
Common Stock
|
4,392 |
| 2025-08-14 | Hebbar Sudarshan |
Chief Medical Officer |
Buy↑
Filing footnotes — Common Stock (Direct)
The weighted average purchase price for the transaction reported was $2.585, and the range of prices were between $2.57 and $2.61. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares purchased at each separate price will be provided. |
Common Stock
|
1,584 |
| 2025-07-28 | Stauderman Kenneth A. |
Chief Scientific Officer |
Buy↑
|
Common Stock
|
1,000 |
| 2025-07-25 | Stauderman Kenneth A. |
Chief Scientific Officer |
Sell↓
Filing footnotes — Common Stock (Indirect)
The sale of the common stock of CalciMedica, Inc. (the "Issuer") by the spouse of the reporting person reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934 with the purchase of 1,000 shares of the Issuer's common stock by the reporting person's spouse at a price of $1.85 per share on July 1, 2025. The reporting person has agreed to pay to the Issuer upon settlement of the sale, $1,799.83, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs. |
Common Stock
(I)
|
1,000 |
| 2025-07-22 | Roberts Eric W |
Director, CHIEF BUSINESS OFFICER, 10% Owner |
Buy↑
|
Common Stock
(I)
|
1,500 |
| 2025-07-21 | Leheny A. Rachel |
Director, CHIEF EXECUTIVE OFFICER, 10% Owner |
Buy↑
|
Common Stock
(I)
|
1,000 |
| 2025-07-21 | Roberts Eric W |
Director, CHIEF BUSINESS OFFICER, 10% Owner |
Buy↑
Filing footnotes — Common Stock (Indirect)
The weighted average purchase price for the transaction reported was $3.3707, and the range of prices were between $3.33 and $3.43. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares purchased at each separate price will be provided. |
Common Stock
(I)
|
1,500 |
| 2025-07-18 | WILSON ROBERT N |
Director |
Buy↑
|
Common Stock
|
4,500 |
| 2025-07-18 | Roberts Eric W |
Director, CHIEF BUSINESS OFFICER, 10% Owner |
Buy↑
|
Common Stock
(I)
|
2,000 |
| 2025-07-14 | Leheny A. Rachel |
Director, CHIEF EXECUTIVE OFFICER, 10% Owner |
Buy↑
|
Common Stock
(I)
|
2,500 |
| 2025-07-14 | Roberts Eric W |
Director, CHIEF BUSINESS OFFICER, 10% Owner |
Buy↑
Filing footnotes — Common Stock (Indirect)
The weighted average purchase price for the transaction reported was $2.4323, and the range of prices were between $2.30 and $2.55. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares purchased at each separate price will be provided. |
Common Stock
(I)
|
6,500 |
| 2025-07-09 | Roberts Eric W |
Director, CHIEF BUSINESS OFFICER, 10% Owner |
Buy↑
|
Common Stock
(I)
|
5,000 |
| 2025-07-01 | Stauderman Kenneth A. |
Chief Scientific Officer |
Buy↑
|
Common Stock
(I)
|
1,000 |