Abeona Therapeutics (ABEO) CEO sells 69,832 shares in tax sale
Rhea-AI Filing Summary
Abeona Therapeutics CEO Vishwas Seshadri, who also serves as a director, reported a sale of company common stock. On January 22, 2026, he sold 69,832 shares of Abeona Therapeutics common stock in an open market transaction coded as a sale. The shares were sold at a weighted average price of $5.3309 per share, through multiple trades at prices ranging from $5.33 to $5.38.
According to the filing, this sale was made to cover tax obligations associated with the vesting of restricted stock awards. After the transaction, Seshadri beneficially owned 1,460,408 shares of Abeona Therapeutics common stock directly.
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FAQ
What insider transaction did Abeona Therapeutics (ABEO) report?
The filing reports that CEO and director Vishwas Seshadri sold 69,832 shares of Abeona Therapeutics common stock on January 22, 2026.
Why did the Abeona (ABEO) CEO sell 69,832 shares?
The filing states that the sale was made to cover tax obligations associated with the vesting of restricted stock awards.
At what price were the 69,832 Abeona (ABEO) shares sold?
The shares were sold at a weighted average price of $5.3309 per share, in multiple trades at prices ranging from $5.33 to $5.38.
How many Abeona Therapeutics (ABEO) shares does the CEO own after this sale?
Following the reported transaction, CEO Vishwas Seshadri beneficially owned 1,460,408 shares of Abeona Therapeutics common stock directly.
What type of security did the Abeona (ABEO) insider transaction involve?
The transaction involved common stock of Abeona Therapeutics Inc., reported as a non-derivative security transaction.
Was this Abeona (ABEO) insider transaction made directly by the CEO?
Yes. The Form 4 shows the 69,832-share sale as a direct (D) ownership transaction by CEO and director Vishwas Seshadri.