Abeona (ABEO) CEO sells 56,344 shares to cover restricted stock tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abeona Therapeutics CEO Vishwas Seshadri reported selling a total of 56,344 shares of common stock in open-market transactions on June 8 and 9, 2026. According to the disclosure, these sales were made to cover tax obligations associated with the vesting of restricted stock awards.
After these tax-related sales, Seshadri directly owns 1,374,079 shares of Abeona Therapeutics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 56,344 shares ($301,921)
Net Sell
2 txns
Insider
Seshadri Vishwas
Role
Chief Executive Officer
Sold
56,344 shs ($302K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 31,916 | $5.3042 | $169K |
| Sale | Common Stock | 24,428 | $5.4295 | $133K |
Holdings After Transaction:
Common Stock — 1,374,079 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
Total shares sold: 56,344 shares
Shares sold on June 9, 2026: 31,916 shares
Shares sold on June 8, 2026: 24,428 shares
+3 more
6 metrics
Total shares sold
56,344 shares
Open-market sales on June 8–9, 2026
Shares sold on June 9, 2026
31,916 shares
Common stock at $5.3042 weighted average
Shares sold on June 8, 2026
24,428 shares
Common stock at $5.4295 weighted average
Shares held after transactions
1,374,079 shares
CEO direct ownership after June 2026 sales
Price range June 9 sales
$5.24–$5.47
Multiple trades; weighted average reported
Price range June 8 sales
$5.345–$5.54
Multiple trades; weighted average reported
Key Terms
restricted stock awards, weighted average price, open-market sale, Form 4, +1 more
5 terms
restricted stock awards financial
"to cover 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.
Form 4 regulatory
"The sale reported in this Form 4 was to cover tax obligations"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code "S" regulatory
"transaction_code": "S""
FAQ
What insider transaction did Abeona Therapeutics (ABEO) report for its CEO?
Abeona Therapeutics reported that CEO Vishwas Seshadri sold 56,344 shares of common stock. The transactions occurred on June 8 and 9, 2026 and were disclosed on Form 4 as open-market sales linked to restricted stock vesting tax obligations.
Does the Abeona (ABEO) Form 4 mention restricted stock awards for the CEO?
Yes, the filing states the sales were to cover tax obligations from vesting restricted stock awards. This clarifies that the transactions are connected to equity compensation vesting events rather than a standalone liquidation of the CEO’s shareholdings.