Sohail Prasad, President and CEO of Destiny Tech100 Inc., filed a Form 4 on September 8, 2026, disclosing three open-market purchases of common stock totaling 56,000 shares between September 1 and September 3, 2026.

Key Highlights

  • Three purchases over three days: Prasad acquired 33,000 shares on September 1, 13,240 shares on September 2, and 9,760 shares on September 3, 2026.
  • Weighted average prices: The transactions were executed at weighted average prices of $31.40, $31.53, and $32.14, respectively, across multiple sub-transactions each day.
  • Direct holdings after purchases: Prasad directly holds 64,000 shares of common stock following the reported transactions.
  • Indirect holdings: Prasad also indirectly holds 702,065 shares through Manifest Destiny LLC (formerly known as Destiny XYZ Inc.), an entity he controls, and 1,125 shares held by his spouse.
  • Role of reporting person: Prasad is identified as both a Director and the President and CEO of Destiny Tech100 Inc.
  • Transaction codes: All three transactions are coded "P," indicating open-market purchases.

Prasad's Open-Market Purchases of Destiny Tech100 Common Stock

According to the filing, Sohail Prasad purchased shares of Destiny Tech100 Inc. (NYSE:DXYZ) common stock, par value $0.00001 per share, on each of September 1, 2, and 3, 2026. On September 1, he acquired 33,000 shares at a weighted average price of $31.40, with individual transaction prices ranging from $30.60 to $31.72. On September 2, he acquired 13,240 shares at a weighted average price of $31.53, with prices ranging from $31.08 to $31.70. On September 3, he acquired 9,760 shares at a weighted average price of $32.14, with prices ranging from $31.90 to $32.50.

The filing notes that each reported price is a weighted average and that Prasad "hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4." Following these three purchases, Prasad's direct beneficial ownership stood at 64,000 shares, up from a starting position of 8,000 shares before the first reported transaction.

In addition to his direct holdings, the filing discloses that Prasad indirectly owns 702,065 shares through Manifest Destiny LLC, formerly known as Destiny XYZ Inc., described as an entity controlled by Prasad, and a further 1,125 shares held by his spouse. No derivative securities transactions were reported. The form was signed on September 3, 2026, and filed on September 8, 2026.

What Was Disclosed

The Form 4 covers three open-market share purchases by Destiny Tech100's President and CEO between September 1 and September 3, 2026, totaling 56,000 shares at weighted average prices between $31.40 and $32.14, with resulting direct beneficial ownership of 64,000 shares.