SEC FORM 4

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SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Presidio Management Group XII, L.L.C.

(Last)

(First)

(Middle)

C/O U.S. VENTURE PARTNERS

1460 EL CAMINO REAL SUITE 100

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/11/2026		C		1,906,809	A	⁽¹⁾	1,906,809	I	See Footnote⁽²⁾⁽³⁾⁽⁴⁾
Common Stock	05/11/2026		C		96,772	A	⁽¹⁾	96,772	I	See Footnote⁽³⁾⁽⁴⁾⁽⁵⁾
Common Stock	05/11/2026		C		1,309,155	A	⁽¹⁾	1,309,155	I	See Footnote⁽³⁾⁽⁴⁾⁽⁶⁾
Common Stock	05/11/2026		C		314,090	A	⁽⁷⁾	1,623,245	I	See Footnote⁽³⁾⁽⁴⁾⁽⁶⁾

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Series E-2 Preferred Stock	⁽¹⁾	05/11/2026		C			5,610,776	⁽¹⁾	⁽¹⁾	Common Stock	1,610,903	⁽¹⁾	0	I	See Footnotes⁽²⁾⁽³⁾⁽⁴⁾
Series F Preferred Stock	⁽¹⁾	05/11/2026		C			1,030,642	⁽¹⁾	⁽¹⁾	Common Stock	295,906	⁽¹⁾	0	I	See Footnotes⁽²⁾⁽³⁾⁽⁴⁾
Series E-2 Preferred Stock	⁽¹⁾	05/11/2026		C			284,754	⁽¹⁾	⁽¹⁾	Common Stock	81,755	⁽¹⁾	0	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾
Series F Preferred Stock	⁽¹⁾	05/11/2026		C			52,306	⁽¹⁾	⁽¹⁾	Common Stock	15,017	⁽¹⁾	0	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾
Series F Preferred Stock	⁽¹⁾	05/11/2026		C			4,559,790	⁽¹⁾	⁽¹⁾	Common Stock	1,309,155	⁽¹⁾	0	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁶⁾
Convertible Notes	⁽⁷⁾	05/11/2026		C			3,769,090.08	⁽⁷⁾	⁽⁷⁾	Common Stock	314,090	⁽⁷⁾	0	I	See Footnotes⁽³⁾⁽⁴⁾⁽⁸⁾

Explanation of Responses:

1. Each share of Series F 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. These securities are held by U.S. Venture Partners XII, L.P. ("USVP XII").

3. Presidio Management Group XII, L.L.C ("PMG XII") is the general partner of USVP XII and U.S. Venture Partners XII-A, L.P. ("USVP XII-A", and together with USVP XII, the "USVP XII Funds"). Presidio Management Group Select Fund I, L.L.C ("PMG SFI", and, together with USVP XII, USVP XII-A, U.S. Venture Partners Select Fund I, L.P. ("USVP SFI"), U.S. Venture Partners Select Fund I-A, L.P. ("USVP SFI-A"), and PMG XII, "USVP") is the general partner of USVP SFI and USVP SFI-A. PMG XII and PMG SFI may be deemed to share voting and dispositive power over the stock held by USVP.

4. Jonathan D. Root, Richard W. Lewis, Dafina Toncheva and Steven M. Krausz are managing members of PMG XII and may be deemed to share voting and dispositive power over the reported securities held by the USVP XII Funds. In addition, Casey M. Tansey is the managing partner and a managing member of PMG XII and PMG SFI, respectively, and may be deemed to share voting and dispositive power over the reported securities held by USVP. Each such persons and entities disclaim beneficial ownership of the reported securities held by USVP, except to the extent of any pecuniary interest therein.

5. These securities are held by USVP XII-A.

6. These securities are held by USVP SFI, on its own behalf and as nominee for USVP SFI-A.

7. 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.

8. Convertible Notes held by USVP SFI, on its own behalf and as nominee for USVP SFI-A.

	Dale Holladay, Authorized Signatory on behalf of Presidio Management Group XII, L.L.C	05/13/2026
	** Signature of Reporting Person	Date
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).
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