Abeona Therapeutics (ABEO) CFO has shares withheld to cover taxes
Rhea-AI Filing Summary
Vazzano Joseph Walter reported reported sale transactions in this Form 4 filing.
Abeona Therapeutics Chief Financial Officer Joseph Walter Vazzano reported that 1,478 shares of common stock were withheld at $6.53 per share to satisfy tax withholding obligations upon vesting of restricted stock awards. After this tax-related withholding, he directly holds 492,079 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,478 shares
Net Sell
1 txn
Insider
Vazzano Joseph Walter
Role
Chief Financial Officer
Sold
1,478 shs ($10K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,478 | $6.53 | $10K |
Holdings After Transaction:
Common Stock — 492,079 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld to satisfy tax withholding obligations upon vesting of restricted stock awards.
Key Figures
Shares withheld for taxes: 1,478 shares
Per-share value: $6.53 per share
Shares held after transaction: 492,079 shares
3 metrics
Shares withheld for taxes
1,478 shares
Withheld to satisfy tax obligations upon vesting on July 21, 2026
Per-share value
$6.53 per share
Implied value of the 1,478 shares withheld for tax obligations
Shares held after transaction
492,079 shares
Direct common stock ownership following the tax-related withholding
Key Terms
restricted stock awards, tax withholding obligations, Chief Financial Officer
3 terms
restricted stock awards financial
"upon vesting of restricted stock awards"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
tax withholding obligations financial
"shares withheld to satisfy tax withholding obligations"
Chief Financial Officer financial
"reporting person’s title is Chief Financial Officer"
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Abeona Therapeutics (ABEO) CFO Joseph Walter Vazzano report?
Joseph Walter Vazzano reported 1,478 shares of Abeona Therapeutics common stock being withheld at $6.53 per share to satisfy tax obligations upon vesting of restricted stock awards. This reflects a tax-related share disposition, not a discretionary purchase.
Was the Abeona (ABEO) CFO’s July 21, 2026 transaction an open-market sale?
The transaction is described as shares withheld to satisfy tax withholding obligations upon restricted stock vesting. This indicates a tax withholding event with shares withheld by the issuer, rather than a discretionary open-market sale by the CFO.
Was the Abeona Therapeutics (ABEO) CFO’s transaction made under a Rule 10b5-1 trading plan?
No. The Rule 10b5-1 checkbox for the reported transaction was not marked as plan-based, indicating it was not reported as executed pursuant to a Rule 10b5-1 trading plan.