Amylyx co-CEO sells 30K shares for tax withholding
Amylyx’s co-CEO reported automatic share sales to satisfy tax withholding tied to vesting performance stock units.
Rhea-AI Filing Summary
Amylyx Pharmaceuticals, Inc. (AMLX) reported that Co-Chief Executive Officer and director Joshua B. Cohen sold a total of 30,464 shares of common stock on September 10, 2026. The filing states these automatic sales were made solely to cover tax withholding obligations from vesting performance stock units and were not at his discretion, with no Rule 10b5-1 plan reported.
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Insights
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Insider Trade Summary
Net Seller: 30,464 shares
Net Sell
2 txns
Insider
Cohen Joshua B
Role
Co-Chief Executive Officer
Sold
30,464 shs ($981K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 29,545 | $32.1557 | $950K |
| Sale | Common Stock F1, F3 | 919 | $33.1488 | $30K |
Holdings After Transaction:
Common Stock — 3,613,123 shares (Direct)
Footnotes (3)
- 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 $31.81 to $32.73. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
- F3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $32.855 to $33.27. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
Key Figures
Total shares sold: 30,464 shares
First sale size: 29,545 shares
First sale weighted average price: $32.1557 per share
+2 more
5 metrics
Total shares sold
30,464 shares
Common stock sold by Joshua B. Cohen on September 10, 2026
First sale size
29,545 shares
Common stock sale at weighted average price reported on September 10, 2026
First sale weighted average price
$32.1557 per share
Shares sold in multiple transactions between $31.81 and $32.73
Second sale size
919 shares
Common stock sale at weighted average price reported on September 10, 2026
Second sale weighted average price
$33.1488 per share
Shares sold in multiple transactions between $32.855 and $33.27
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
"shares required to be sold ... to cover tax withholding obligations"
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 report in this Form 4?
Amylyx Pharmaceuticals reported that Co-Chief Executive Officer Joshua B. Cohen sold 30,464 shares of common stock on September 10, 2026. The transactions were reported as sales in the open market or private transactions.
Were the AMLX insider sales under a Rule 10b5-1 trading plan?
No. The Form 4 indicates no Rule 10b5-1 plan for these transactions. Instead, a footnote explains the sales were automatic to satisfy tax withholding on vesting performance stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.