As of March 23, 2026, the three largest insider holders of RANI are Moreno Isidoro Quiroga (TenPercentOwner, 11.73Mn shares), Cone Investments Limited Partnership South (TenPercentOwner, 2.38Mn shares), Talat Imran (Chief Executive Officer, 494.75K shares).
| Holder | Position | Shares (Direct) | Shares (Indirect) | Report Date |
|---|---|---|---|---|
| Moreno Isidoro Quiroga | 0 | 11,731,654 | 03 Aug, 2021 | |
| Cone Investments Limited Partnership South | 0 | 2,379,194 | 22 Oct, 2025 | |
| Talat Imran | Chief Executive Officer | 494,751 | 0 | 10 Dec, 2024 |
| Mir Hashim | Chief Scientific Officer | 273,265 | 0 | 29 Mar, 2023 |
| Svai S Sanford | Cfo | 258,597 | 0 | 29 Mar, 2023 |
| Eric Groen | General Counsel | 163,216 | 0 | 29 Mar, 2023 |
| Andrew Farquharson | 0 | 72,818 | 25 Aug, 2022 | |
| Kate Mckinley | Chief Business Officer | 17,960 | 0 | 16 Dec, 2024 |
| Labs, L.L.C. Incube | 13,923 | 0 | 07 Feb, 2022 | |
| Talat Imran | Chief Executive Officer | 0 | 12,343 | 07 Feb, 2022 |
| Cortes Isidoro Alfonso Quiroga | 0 | 8,400 | 08 Dec, 2023 |
* Please note that the shares above only reflect shares from the fund portfolio and the institutional portfolio. Shares from the personal portfolio are excluded from this Institutional Ownership Page. See these insiders' latest transactions here on Insider Page.
| Transaction Date | Insider Name | Security Class | Transaction Type | Shares Traded | Price | Shares Remaining | Ownership | Code |
|---|---|---|---|---|---|---|---|---|
| 23 Oct, 2025 | Vasudev Jaiprakash Bailey | Stock Option (Right to Buy) | A | 100,000 | $0.00 | 100,000 | D | A |
| 23 Oct, 2025 | Abraham Bassan | Stock Option (Right to Buy) | A | 100,000 | $0.00 | 100,000 | D | A |
| 20 Oct, 2025 | Cone Investments Limited Partnership South | Class A Common Stock | D | 1,923,000 | $2.41 | 6,379,194 | I | S |
| 21 Oct, 2025 | Cone Investments Limited Partnership South | Class A Common Stock | D | 4,000,000 | $2.77 | 2,379,194 | I | S |
| 01 Aug, 2025 | Kate Mckinley | Employee Stock Option (Right to Buy) | A | 120,000 | $0.00 | 120,000 | D | A |
| 28 May, 2025 | Lisa Ann Rometty | Director Stock Option (Right to Buy) | A | 50,000 | $0.00 | 50,000 | D | A |
| 28 May, 2025 | Andrew Farquharson | Director Stock Option (Right to Buy) | A | 50,000 | $0.00 | 50,000 | D | A |
| 23 May, 2025 | Talat Imran | Stock Option (Right to Buy) | A | 1,053,000 | $0.00 | 1,053,000 | D | A |
| 23 May, 2025 | Mir Hashim | Stock Option (Right to Buy) | A | 325,000 | $0.00 | 325,000 | D | A |
| 23 May, 2025 | Svai S Sanford | Stock Option (Right to Buy) | A | 325,000 | $0.00 | 325,000 | D | A |
| 23 May, 2025 | Kate Mckinley | Stock Option (Right to Buy) | A | 325,000 | $0.00 | 325,000 | D | A |
| 16 Dec, 2024 | Lisa Ann Rometty | Stock Option (Right to Buy) | D | 101,276 | - | 0 | D | D |
| 16 Dec, 2024 | Andrew Farquharson | Stock Option (Right to Buy) | D | 101,276 | - | 0 | D | D |
| 16 Dec, 2024 | Lisa Ann Rometty | Stock Option (Right to Buy) | A | 101,276 | - | 101,276 | D | A |
| 16 Dec, 2024 | Andrew Farquharson | Stock Option (Right to Buy) | A | 101,276 | - | 101,276 | D | A |
| 16 Dec, 2024 | Lisa Ann Rometty | Stock Option (Right to Buy) | D | 17,708 | - | 0 | D | D |
| 16 Dec, 2024 | Lisa Ann Rometty | Stock Option (Right to Buy) | A | 17,708 | - | 49,037 | D | A |
| 13 Dec, 2024 | Kate Mckinley | Class A Common Stock | A | 17,960 | $1.67 | 17,960 | D | P |
| 09 Dec, 2024 | Talat Imran | Class A Common Stock | A | 10,296 | $1.94 | 494,751 | D | P |
| 15 Oct, 2024 | Cone Investments Limited Partnership South | Class A Common Stock | D | 3,305,622 | $2.55 | 8,825,932 | I | S |