Abeona Therapeutics (ABEO) legal chief sells shares to cover tax on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abeona Therapeutics SVP and Chief Legal Officer Brendan M. O’Malley reported small stock sales primarily to cover taxes on vested awards. He sold 4,826 shares of common stock at a weighted average price of $5.4295 on June 8, 2026 and 6,305 shares at $5.3042 on June 9, 2026, totaling 11,131 shares. A footnote states the sales were made to cover tax obligations from vesting of restricted stock awards. After these transactions, he directly owned 440,003 shares of Abeona common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 11,131 shares ($59,646)
Net Sell
2 txns
Insider
O'Malley Brendan M.
Role
SVP, Chief Legal Officer
Sold
11,131 shs ($60K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,305 | $5.3042 | $33K |
| Sale | Common Stock | 4,826 | $5.4295 | $26K |
Holdings After Transaction:
Common Stock — 440,003 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 $5.345 to $5.54 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.24 to $5.47 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 June 8, 2026: 4,826 shares
Price June 8, 2026: $5.4295 per share
Shares sold June 9, 2026: 6,305 shares
+3 more
6 metrics
Shares sold June 8, 2026
4,826 shares
Common stock open-market sale at weighted average price
Price June 8, 2026
$5.4295 per share
Weighted average sale price, range $5.345–$5.54
Shares sold June 9, 2026
6,305 shares
Common stock open-market sale at weighted average price
Price June 9, 2026
$5.3042 per share
Weighted average sale price, range $5.24–$5.47
Total shares sold
11,131 shares
Sum of June 8 and June 9, 2026 sales
Shares owned after sales
440,003 shares
Direct common stock holdings post-transaction
Key Terms
restricted stock awards, weighted average price, open-market sale, Common Stock
4 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.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Abeona Therapeutics (ABEO) report for Brendan O’Malley?
Abeona Therapeutics reported that SVP and Chief Legal Officer Brendan M. O’Malley sold 11,131 shares of common stock over two days. These transactions were disclosed as open-market sales and were tied to tax obligations from recently vested restricted stock awards.
How were the Abeona Therapeutics (ABEO) sale prices for Brendan O’Malley’s Form 4 calculated?
The filing reports weighted average sale prices. For June 8, 2026, shares were sold between $5.345 and $5.54, averaging $5.4295. For June 9, 2026, sales ranged from $5.24 to $5.47, averaging $5.3042, with detailed breakdowns available upon request.