Amylyx Pharmaceuticals (AMLX) CEO share sale covers tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amylyx Pharmaceuticals director and Co-CEO Joshua B. Cohen reported an automatic tax-related share sale. On March 2, 2026, 29,282 shares of common stock were sold at a weighted average price of $14.484 per share to cover tax withholding owed on vesting restricted stock units.
The filing notes these sales were required to satisfy withholding obligations and were not made at Cohen’s discretion. After the transaction, he continues to directly own 3,334,683 shares of Amylyx common stock, indicating he retains a substantial equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 29,282 shares ($424,120)
Net Sell
1 txn
Insider
Cohen Joshua B
Role
Co-Chief Executive Officer
Sold
29,282 shs ($424K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 29,282 | $14.484 | $424K |
Holdings After Transaction:
Common Stock — 3,334,683 shares (Direct)
Footnotes (1)
- Represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. Such sales were automatic and not at the discretion of the Reporting Person. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $14.450 to $15.160. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
FAQ
What insider transaction did Amylyx Pharmaceuticals (AMLX) report for Joshua B. Cohen?
Amylyx Pharmaceuticals reported that Co-CEO Joshua B. Cohen sold 29,282 shares of common stock. The shares were sold on March 2, 2026 to satisfy tax withholding obligations arising from the vesting of restricted stock units, according to the Form 4 footnotes.