Amylyx (AMLX) Insider Sale: 8,828 Shares Sold to Cover Taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gina Mazzariello, Chief Legal Officer of Amylyx Pharmaceuticals, Inc. (AMLX), reported the automatic sale of 8,828 shares of common stock to satisfy tax withholding related to the vesting of restricted stock units. The weighted average price reported for the sales was $14.5751, with execution prices ranging from $14.355 to $15.075. After the transaction, the filing shows the reporting person beneficially owns 148,141 shares. The filing notes the sales were automatic to cover tax obligations and not at the reporting person's discretion.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,828 shares ($128,669)
Net Sell
1 txn
Insider
Mazzariello Gina
Role
Chief Legal Officer
Sold
8,828 shs ($129K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,828 | $14.5751 | $129K |
Holdings After Transaction:
Common Stock — 148,141 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 $14.355 to $15.075. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
FAQ
What transaction did Gina Mazzariello report on Form 4 for AMLX?
The Form 4 reports the automatic sale of 8,828 shares to cover tax withholding from vested restricted stock units.
What role does the reporting person hold at AMLX?
The reporting person, Gina Mazzariello, is listed as the company's Chief Legal Officer.