Abeona (NASDAQ: ABEO) CCO granted 76,621 shares, sells 12,610 for taxes
Rhea-AI Filing Summary
Abeona Therapeutics Chief Commercial Officer Vasanthavada Madhav reported a new stock grant and a related share sale. On January 20, 2026, he received 76,621 shares of restricted common stock at $0.00, which will vest in three equal parts on January 20, 2027, January 20, 2028, and January 20, 2029. On January 22, 2026, he sold 12,610 shares of common stock at a weighted average price of $5.2861 per share to cover tax obligations from restricted stock vesting. After these transactions, he directly beneficially owned 318,619 shares of Abeona common stock.
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FAQ
What insider transactions did ABEO Chief Commercial Officer Vasanthavada Madhav report?
He reported receiving 76,621 shares of restricted common stock on January 20, 2026, and selling 12,610 shares of common stock on January 22, 2026.
How will the new ABEO restricted stock grant to the CCO vest?
The 76,621 restricted shares will vest one-third on each of January 20, 2027, January 20, 2028, and January 20, 2029.
Why did the ABEO insider sell 12,610 shares of common stock?
The filing states that the sale of 12,610 shares was made to cover tax obligations associated with the vesting of restricted stock awards.
What price did the ABEO shares sell for in the insider tax-related sale?
The reported weighted average sale price was $5.2861 per share, with individual trades ranging from $5.28 to $5.35 per share.
How many ABEO shares does the CCO own after these transactions?
Following the reported grant and sale, Vasanthavada Madhav directly beneficially owned 318,619 shares of Abeona Therapeutics common stock.
What is Vasanthavada Madhav’s role at Abeona Therapeutics (ABEO)?
He is the Chief Commercial Officer of Abeona Therapeutics, as indicated in the insider reporting information.