Abeona (NASDAQ: ABEO) CFO sells 785 shares to cover tax obligations
Rhea-AI Filing Summary
Abeona Therapeutics Inc.’s Chief Financial Officer Joseph Walter Vazzano reported an open-market sale of 785 shares of common stock. The shares were sold at $4.76 each on the transaction date to cover tax obligations associated with the vesting of restricted stock awards. After this transaction, he directly holds 567,775 shares of Abeona common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 785 shares
Net Sell
1 txn
Insider
Vazzano Joseph Walter
Role
Chief Financial Officer
Sold
785 shs ($4K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 785 | $4.76 | $4K |
Holdings After Transaction:
Common Stock — 567,775 shares (Direct)
Footnotes (1)
- F1. The sale reported in this Form 4 was to cover tax obligations associated with the vesting of restricted stock awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Abeona Therapeutics (ABEO) report in this Form 4?
Abeona Therapeutics reported that CFO Joseph Walter Vazzano sold 785 shares of common stock at $4.76 per share. The filing notes this sale was specifically made to cover tax obligations from vesting restricted stock awards, a common administrative transaction for equity compensation.
Who is the insider involved in the latest ABEO Form 4 filing?
The insider is Joseph Walter Vazzano, Chief Financial Officer of Abeona Therapeutics. He executed an open-market sale of 785 common shares at $4.76 each, with the filing stating the sale covered tax obligations tied to restricted stock award vesting.