Amylyx legal chief sells 9,536 shares for taxes
Amylyx’s Chief Legal Officer reported automatic sales of shares solely to satisfy tax withholding from vested performance stock units.
Rhea-AI Filing Summary
Amylyx Pharmaceuticals, Inc. (AMLX) reported that Chief Legal Officer Gina Mazzariello sold a total of 9,536 shares of common stock on September 10, 2026 in open-market transactions. Footnotes state these shares were automatically sold to cover tax withholding obligations upon vesting of performance stock units, and not at her discretion.
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Insider Trade Summary
Net Seller: 9,536 shares
Net Sell
2 txns
Insider
Mazzariello Gina
Role
Chief Legal Officer
Sold
9,536 shs ($310K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 9,525 | $32.4556 | $309K |
| Sale | Common Stock F1 | 11 | $33.34 | $366.74 |
Holdings After Transaction:
Common Stock — 190,838 shares (Direct)
Footnotes (2)
- F1. Represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of performance stock units. Such sales were automatic and not at the discretion of the Reporting Person.
- F2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $32.34 to $33.26. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
Key Figures
Shares sold (main block): 9,525 shares
Weighted average sale price: $32.4556 per share
Sale price range: $32.34–$33.26 per share
+3 more
6 metrics
Shares sold (main block)
9,525 shares
Common stock sold on September 10, 2026 to cover tax withholding
Weighted average sale price
$32.4556 per share
For 9,525 AMLX shares sold in multiple transactions
Sale price range
$32.34–$33.26 per share
Price range for the 9,525-share sale block
Additional shares sold
11 shares
Common stock sold at $33.34 per share on September 10, 2026
Additional sale price
$33.34 per share
Price for 11 AMLX shares sold on September 10, 2026
Total shares sold
9,536 shares
Combined total of both reported sales on September 10, 2026
Key Terms
performance stock units, tax withholding obligations, weighted average price
3 terms
performance stock units financial
"in connection with the vesting of performance stock units"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
tax withholding obligations financial
"to cover tax withholding obligations in connection with the vesting"
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AMLX disclose for Chief Legal Officer Gina Mazzariello?
Amylyx Pharmaceuticals disclosed that Chief Legal Officer Gina Mazzariello sold a total of 9,536 shares of AMLX common stock on September 10, 2026 in open-market transactions, as reported on a Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.