Amylyx Co-CEO Klee sells 30K shares for taxes
Amylyx Co-CEO Justin B. Klee reported automatic sales of 30,464 AMLX shares to satisfy tax withholding from vesting equity awards.
Rhea-AI Filing Summary
Amylyx Pharmaceuticals, Inc. (AMLX) director and Co-Chief Executive Officer Justin B. Klee reported selling a total of 30,464 shares of common stock on September 10, 2026. The filing states the shares were sold to cover tax withholding obligations arising from the vesting of performance stock units, and that these sales were automatic and not at his discretion.
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Insights
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Insider Trade Summary
Net Seller: 30,464 shares
Net Sell
2 txns
Insider
Klee Justin B.
Role
Co-Chief Executive Officer
Sold
30,464 shs ($980K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 29,025 | $32.1293 | $933K |
| Sale | Common Stock F1, F3 | 1,439 | $33.1552 | $48K |
Holdings After Transaction:
Common Stock — 3,613,056 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 $32.75. 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 $32.87 to $33.39. 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 transaction shares: 29,025 shares
First transaction weighted average price: $32.1293 per share
+3 more
6 metrics
Total shares sold
30,464 shares
Aggregate common stock sales reported for September 10, 2026
First transaction shares
29,025 shares
Common stock sale on September 10, 2026
First transaction weighted average price
$32.1293 per share
Sold in multiple trades from $31.81 to $32.75
Second transaction shares
1,439 shares
Common stock sale on September 10, 2026
Second transaction weighted average price
$33.1552 per share
Sold in multiple trades from $32.87 to $33.39
Rule 10b5-1 plan status
No Rule 10b5-1 plan affirmed
Document-level checkbox not marked affirmative
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 did AMLX Co-CEO Justin B. Klee report in this Form 4?
He reported selling 30,464 shares of Amylyx Pharmaceuticals, Inc. common stock on September 10, 2026 in open-market or private transactions, as recorded in two separate sale entries.
What sale prices were reported for Justin B. Klee’s AMLX stock sales?
One sale reported a weighted average price of $32.1293 per share, with prices ranging from $31.81 to $32.75. The other reported a weighted average price of $33.1552, with prices from $32.87 to $33.39.
Were Justin B. Klee’s AMLX stock sales under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and no footnote states the sales were under a Rule 10b5-1 trading plan; it does state the sales were automatic for tax withholding.
Does the Form 4 state Justin B. Klee’s AMLX holdings after these sales?
For each reported transaction, the field for shares owned after the transaction is blank in the data provided, so this Form 4 does not state a post-transaction share balance.
AI-generated analysis. How Rhea-AI works. Not financial advice.