Sec Form 4 Filing - Green Park & Golf Ventures II, LLC @ Mobia Medical, Inc. - 2026-05-11

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Green Park & Golf Ventures II, LLC
2. Issuer Name and Ticker or Trading Symbol
Mobia Medical, Inc. [ MOBI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
5910 N. CENTRAL EXPRESSWAY, SUITE 1400
3. Date of Earliest Transaction (MM/DD/YY)
05/11/2026
(Street)
DALLAS, TX75206
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/11/2026 C 18,374 A 18,374 I See Footnote ( 2 ) ( 10 )
Common Stock 05/11/2026 C 116,940 A 135,314 I See Footnote ( 2 ) ( 10 )
Common Stock 05/11/2026 C 56,421 A 191,735 I See Footnote ( 2 ) ( 10 )
Common Stock 05/11/2026 C 41,666 A 233,401 I See Footnote ( 2 ) ( 10 )
Common Stock 05/11/2026 C 477,329 A 477,329 I See Footnote ( 4 ) ( 10 )
Common Stock 05/11/2026 C 45,711 A 523,040 I See Footnote ( 4 ) ( 10 )
Common Stock 05/11/2026 C 32,750 A 555,790 I See Footnote ( 4 ) ( 10 )
Common Stock 05/11/2026 C 282,122 A 282,122 I See Footnote ( 5 ) ( 10 )
Common Stock 05/11/2026 C 60,579 A 60,579 I See Footnote ( 6 ) ( 10 )
Common Stock 05/11/2026 X 9,474 A 70,053 I See Footnote ( 6 ) ( 7 ) ( 10 )
Common Stock 05/11/2026 C 24,506 A 24,506 I See Footnote ( 8 ) ( 10 )
Common Stock 05/11/2026 C 43,640 A 43,640 I See Footnote ( 9 ) ( 10 )
Common Stock 05/11/2026 X 6,890 A 50,530 I See Footnote ( 7 ) ( 9 ) ( 10 )
Common Stock 05/11/2026 S( 11 ) 6,731 D 43,799 I See Footnote ( 7 ) ( 9 ) ( 10 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series D Preferred Stock ( 1 ) 05/11/2026 C 64,000 ( 1 ) ( 1 ) Common Stock 18,374 ( 1 ) 0 I See Footnote ( 2 ) ( 10 )
Series E-1 Preferred Stock ( 1 ) 05/11/2026 C 407,304 ( 1 ) ( 1 ) Common Stock 116,940 ( 1 ) 0 I See Footnote ( 2 ) ( 10 )
Series E-2 Preferred Stock ( 1 ) 05/11/2026 C 196,516 ( 1 ) ( 1 ) Common Stock 56,421 ( 1 ) 0 I See Footnote ( 2 ) ( 10 )
Convertible Notes ( 3 ) 05/11/2026 C 500,000 ( 3 ) ( 3 ) Common Stock 41,666 ( 3 ) 0 I See Footnote ( 2 ) ( 10 )
Series E-2 Preferred Stock ( 1 ) 05/11/2026 C 1,662,538 ( 1 ) ( 1 ) Common Stock 477,329 ( 1 ) 0 I See Footnote ( 4 ) ( 10 )
Series F Preferred Stock ( 1 ) 05/11/2026 C 159,212 ( 1 ) ( 1 ) Common Stock 45,711 ( 1 ) 0 I See Footnote ( 4 ) ( 10 )
Convertible Notes ( 3 ) 05/11/2026 C 393,000 ( 3 ) ( 3 ) Common Stock 32,750 ( 3 ) 0 I See Footnote ( 4 ) ( 10 )
Series F Preferred Stock ( 1 ) 05/11/2026 C 982,634 ( 1 ) ( 1 ) Common Stock 282,122 ( 1 ) 0 I See Footnote ( 5 ) ( 10 )
Series D Preferred Stock ( 1 ) 05/11/2026 C 211,000 ( 1 ) ( 1 ) Common Stock 60,579 ( 1 ) 0 I See Footnote ( 6 ) ( 10 )
Series D Preferred Warrant ( 7 ) 05/11/2026 X 33,000 ( 7 ) ( 7 ) Common Stock 9,474 ( 7 ) 0 I See Footnote ( 6 ) ( 7 ) ( 10 )
Series E-1 Preferred Stock ( 1 ) 05/11/2026 C 85,356 ( 1 ) ( 1 ) Common Stock 24,506 ( 1 ) 0 I See Footnote ( 8 ) ( 10 )
Series D Preferred Stock ( 1 ) 05/11/2026 C 152,000 ( 1 ) ( 1 ) Common Stock 43,640 ( 1 ) 0 I See Footnote ( 9 ) ( 10 )
Series D Preferred Warrant ( 7 ) 05/11/2026 X 24,000 ( 7 ) ( 7 ) Common Stock 6,890 ( 7 ) 0 I See Footnote ( 7 ) ( 9 ) ( 10 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Green Park & Golf Ventures II, LLC
5910 N. CENTRAL EXPRESSWAY, SUITE 1400
DALLAS, TX75206
X
GPG JCT, LLC
5910 N. CENTRAL EXPRESSWAY, SUITE 1400
DALLAS, TX75206
X
GPG MTI 22, LLC
5910 N. CENTRAL EXPRESSWAY, SUITE 1400
DALLAS, TX75206
X
GPG MTI 25, LLC
5910 N. CENTRAL EXPRESSWAY, SUITE 1400
DALLAS, TX75206
X
GPG MTI 3-17 Investment, LLC
5910 N. CENTRAL EXPRESSWAY, SUITE 1400
DALLAS, TX75206
X
GPG PHL, LLC
5910 N. CENTRAL EXPRESSWAY, SUITE 1400
DALLAS, TX75206
X
GPG RM Investment, LLC
5910 N. CENTRAL EXPRESSWAY, SUITE 1400
DALLAS, TX75206
X
Heighten Clay M
5910 N. CENTRAL EXPRESSWAY, SUITE 1400
DALLAS, TX75206
X
Soderstrom Carl D
5910 N. CENTRAL EXPRESSWAY, SUITE 1400
DALLAS, TX75206
X
Garcia Gilbert G. II
5910 N. CENTRAL EXPRESSWAY, SUITE 1400
DALLAS, TX75206
X
Signatures
/s/ Gilbert Garcia II, Vice President of GPG JCT, LLC 06/29/2026
Signature of Reporting Person Date
/s/ Gilbert Garcia II, Vice President of GPG MTI 22, LLC 06/29/2026
Signature of Reporting Person Date
/s/ Gilbert Garcia II, Vice President of GPG MTI 25, LLC 06/29/2026
Signature of Reporting Person Date
/s/ Gilbert Garcia II, Vice President of GPG MTI 3-17 Investment, LLC 06/29/2026
Signature of Reporting Person Date
/s/ Gilbert Garcia II, Vice President of GPG PHL, LLC 06/29/2026
Signature of Reporting Person Date
/s/ Gilbert Garcia II, Vice President of GPG RM Investment, LLC 06/29/2026
Signature of Reporting Person Date
/s/ Gilbert Garcia II, Vice President of Green Park & Golf Ventures II, LLC 06/29/2026
Signature of Reporting Person Date
/s/ Clay M. Heighten, MD 06/29/2026
Signature of Reporting Person Date
/s/ Carl D. Soderstrom 06/29/2026
Signature of Reporting Person Date
/s/ Gilbert G. Garcia II 06/29/2026
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each share of Series D Preferred Stock, Series F Preferred Stock, Series E-1 Preferred Stock and Series E-2 Preferred Stock converted into Common Stock immediately prior to the completion of the Issuer's initial public offering (the "Offering") pursuant to its terms.
( 2 )The securities are held by GPG JCT, LLC ("JCT").
( 3 )The Convertible Notes automatically converted into Common Stock immediately prior to the closing of the Offering. The conversion price is the lower of (a) 80% of the Offering price per share and (b) the valuation of the Issuer immediately prior to the closing of the Offering divided by the number of fully diluted shares of capital stock (on an as-converted basis) outstanding immediately prior to Offering, excluding the Convertible Notes.
( 4 )The securities are held by GPG MTI 22, LLC ("MTI 22").
( 5 )The securities are held by GPG MTI 25, LLC ("MTI 25").
( 6 )The securities are held by GPG MTI 3-17 Investment, LLC ("MTI 3-17").
( 7 )Common stock issued upon exercise of warrant to purchase Series D Preferred Stock. The warrants are currently exercisable and have an exercise price of $4.207 per share. Unless exercised earlier, the warrants will expire on May 25, 2033.
( 8 )The securities are held by GPG PHL, LLC ("PHL").
( 9 )The securities are held by GPG RM Investment, LLC ("RM").
( 10 )Green Park & Golf Ventures II, LLC ("GPG Ventures II") is the managing member of each of JCT, MTI 22, MTI 25, MTI 3-17, PHL, and RM. Clay M. Heighten, MD, Carl D. Soderstrom and Gilbert G. Garcia II are managers of GPG Ventures II and share voting and dispositive power with respect to the shares held by each of JCT, MTI 22, MTI 25, MTI 3-17, PHL, and RM., and as a result may be deemed to beneficially own such securities.
( 11 )RM paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 6,731 shares of Common Stock to pay the exercise price and issuing to the reporting person the remaining 159 shares of Common Stock.

Remarks:
This Form 4 is the second of five Forms 4 filed relating to the same event. Combined, the five Forms 4 report the holdings for the following reporting persons: Green Park & Golf Ventures II, LLC, Clay M. Heighten, MD, Carl D. Soderstrom, Gilbert G. Garcia II, GPG BFH, LLC, GPG Charles & Potomac, LLC, GPG Dais, LLC, GPG GR, LLC, GPG Healthcare Opportunities Fund II, LLC, GPG Healthcare Opportunities Fund, LLC, GPG JCT, LLC, GPG MTI 22, LLC, GPG MTI 25, LLC, GPG MOBI, LLC, GPG MTI 3-17 Investment, LLC, GPG PHL, LLC, GPG RM Investment, LLC, GPG SC, LLC, GPG WG, LLC, GPG MTIF, LLC, Micro TI Investment 2, LLC, Micro TI Investment, LLC, MTI 20 Investment, LLC, MTI 2015 Investment, LLC, HTX MCT1 0320 Investment, LLC, HTX MCT2 0221 Investment, LLC, HTX MCT3 0322 Investment, LLC, HTX MCT4 0226 Investment, LLC and Green Park & Golf Ventures - Houston, LLC. The Form 4 has been split into five filings because there are more than 10 reporting persons in total, and the SEC's EDGAR filing system limits a single Form 4 to a maximum of 10 reporting persons.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.