Tax-related stock sale by Abeona (ABEO) CEO leaves 1.31M shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abeona Therapeutics Inc. chief executive officer Vishwas Seshadri reported an open-market sale of 67,971 shares of common stock at a weighted average price of $6.9637 per share. According to the filing, the sale was made to cover tax obligations from vesting restricted stock awards, and he continued to hold 1,306,108 shares afterward.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 67,971 shares ($473,330)
Net Sell
1 txn
Insider
Seshadri Vishwas
Role
Chief Executive Officer
Sold
67,971 shs ($473K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 67,971 | $6.9637 | $473K |
Holdings After Transaction:
Common Stock — 1,306,108 shares (Direct, null)
Footnotes (1)
- The sale reported in this Form 4 was to cover tax obligations associated with the vesting of restricted stock awards. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.86 to $7.04 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
Key Figures
Shares sold: 67,971 shares
Weighted average sale price: $6.9637 per share
Post-transaction holdings: 1,306,108 shares
+1 more
4 metrics
Shares sold
67,971 shares
Open-market sale to cover tax obligations from vesting restricted stock awards
Weighted average sale price
$6.9637 per share
Common stock sale on transaction date
Post-transaction holdings
1,306,108 shares
Common stock directly held after the sale
Price range of trades
$6.86–$7.04 per share
Multiple transactions contributing to the weighted average price
Key Terms
restricted stock awards, weighted average price, open-market sale
3 terms
restricted stock awards financial
"tax obligations associated with the 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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What did Abeona Therapeutics (ABEO) CEO Vishwas Seshadri report on this Form 4?
The Abeona CEO reported selling 67,971 shares of common stock. The transaction was an open-market sale tied to tax obligations from vesting restricted stock awards, rather than a discretionary portfolio move.
Was the Abeona (ABEO) CEO’s stock sale executed in a single trade or multiple trades?
The filing notes the reported price is a weighted average across multiple trades. Shares were sold in several transactions, at prices ranging from $6.86 to $7.04 per share, all contributing to the total 67,971 shares sold.