Amylyx (AMLX) Co-CEO sells 29,975 shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Justin B. Klee, Co-Chief Executive Officer and a director of Amylyx Pharmaceuticals, Inc. (AMLX), reported sales of company common stock that were automatic to cover tax withholding on vested restricted stock units. On 09/30/2025 the reporting shows 29,775 shares sold at a weighted average price of $14.3728 and an additional 200 shares sold at a weighted average price of $15.01. After these transactions the filing reports total beneficial ownership of 3,325,301 shares (direct). The filing notes the sales were mandatory to satisfy tax obligations and were executed in multiple trades at prices within the disclosed ranges.
Positive
- Timely disclosure of insider transactions showing compliance with reporting obligations
- Sales were automatic to cover tax withholding on vested restricted stock units, not discretionary trades
Negative
- Insider sold 29,975 shares in total, modestly reducing direct ownership
- Sales occurred at market prices between $13.99 and $15.02, realizing proceeds that reduce insider equity exposure
Insider Trade Summary
Net Seller: 29,975 shares ($430,952)
Net Sell
2 txns
Insider
Klee Justin B.
Role
Co-Chief Executive Officer
Sold
29,975 shs ($431K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 29,775 | $14.3728 | $428K |
| Sale | Common Stock | 200 | $15.01 | $3K |
Holdings After Transaction:
Common Stock — 3,325,501 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 $13.99 to $14.98. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $15.00 to $15.02. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
FAQ
What transactions did AMLX insider Justin B. Klee report?
The report shows automatic sales of 29,775 shares at a weighted average of $14.3728 and 200 shares at $15.01 on 09/30/2025 to cover tax withholding on vested RSUs.
Do the reported transactions indicate discretionary insider selling?
No; the filing explicitly states the sales were automatic and required to satisfy tax withholding on vested awards.