Tax-withholding share sale by Adaptive Biotechnologies (NASDAQ: ADPT) CCO
Rhea-AI Filing Summary
Adaptive Biotechnologies Corp reported that Chief Commercial Officer, MRD, Susan Bobulsky sold 41,338 shares of common stock on March 11, 2026 at an average price of $13.17 per share. According to the disclosure, this transaction was required to cover tax withholding obligations related to vesting restricted stock units and was executed under a mandatory “sell to cover” election, meaning it was not a discretionary trade. Following the sale, Bobulsky directly holds 427,775 shares of Adaptive Biotechnologies common stock.
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Negative
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Insider Trade Summary
Net Seller: 41,338 shares
Net Sell
1 txn
Insider
BOBULSKY SUSAN
Role
Chief Commercial Officer, MRD
Sold
41,338 shs ($544K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 41,338 | $13.17 | $544K |
Holdings After Transaction:
Common Stock — 427,775 shares (Direct)
Footnotes (1)
- F1. This transaction represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
FAQ
What insider transaction did Adaptive Biotechnologies (ADPT) report for Susan Bobulsky?
Adaptive Biotechnologies reported a sale of 41,338 shares of common stock by Chief Commercial Officer, MRD, Susan Bobulsky at $13.17 per share. The shares were sold to satisfy tax withholding obligations tied to vesting RSUs under a mandatory “sell to cover” arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.