Abeona Therapeutics (ABEO) legal chief sells 13,578 shares
Rhea-AI Filing Summary
Abeona Therapeutics SVP and Chief Legal Officer Brendan M. O'Malley reported a sale of company stock. On January 22, 2026, he sold 13,578 shares of common stock at a weighted average price of $5.3309 per share. According to the filing, the sale was made to cover tax obligations associated with the vesting of restricted stock awards, meaning it was tied to equity compensation rather than an open-market discretionary sale of his full holdings. After this transaction, O'Malley beneficially owned 451,134 shares of Abeona common stock directly.
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FAQ
Who is the insider trading ABEO stock in this Form 4 filing?
The Form 4 reports activity by Brendan M. O'Malley, who serves as SVP and Chief Legal Officer of Abeona Therapeutics Inc. (ABEO).
How many Abeona Therapeutics (ABEO) shares did Brendan O'Malley sell?
Brendan O'Malley sold 13,578 shares of Abeona Therapeutics common stock in a transaction dated January 22, 2026.
At what price were the ABEO shares sold in this insider transaction?
The filing reports a weighted average sale price of $5.3309 per share, with multiple trades executed at prices ranging from $5.33 to $5.38 inclusive.
Why did Abeona Therapeutics insider Brendan O'Malley sell shares?
The footnotes state that the sale was made to cover tax obligations associated with the vesting of restricted stock awards, indicating it was related to equity compensation.
How many ABEO shares does Brendan O'Malley hold after this Form 4 transaction?
Following the reported sale, Brendan O'Malley beneficially owned 451,134 shares of Abeona Therapeutics common stock, held in direct ownership.
Does the Form 4 indicate indirect ownership or third-party entities for these ABEO shares?
The transaction is reported as direct (D) ownership, and the footnotes describe tax-related sales and pricing details without mentioning any separate entities holding the shares.