Tax withholding sale by Amylyx (NASDAQ: AMLX) Co-CEO Justin Klee
Rhea-AI Filing Summary
Amylyx Pharmaceuticals Co-Chief Executive Officer Justin B. Klee reported an automatic sale of 7,715 shares of common stock on January 6, 2026. The shares were sold at a weighted average price of $11.0939 per share to cover tax withholding obligations arising from the vesting of restricted stock units, and the sale was not made at his discretion.
After this tax-related sale, Klee beneficially owned 3,317,586 shares of Amylyx Pharmaceuticals, Inc. common stock directly.
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FAQ
What insider transaction did Amylyx (AMLX) report for Justin B. Klee?
Amylyx reported that Co-Chief Executive Officer and director Justin B. Klee sold 7,715 shares of common stock on January 6, 2026.
At what price were Justin B. Klee's Amylyx (AMLX) shares sold?
The shares were sold at a weighted average price of $11.0939 per share, with individual trades occurring between $10.99 and $11.16.
Why did Justin B. Klee sell Amylyx (AMLX) shares in this Form 4 filing?
The sale represents shares required to be sold to cover tax withholding obligations related to the vesting of restricted stock units, and the transactions were automatic and not at his discretion.
How many Amylyx (AMLX) shares does Justin B. Klee own after this transaction?
Following the reported sale, Justin B. Klee beneficially owned 3,317,586 shares of Amylyx Pharmaceuticals, Inc. common stock directly.
What type of security was involved in Justin B. Klee’s Amylyx (AMLX) transaction?
The transaction involved non-derivative common stock of Amylyx Pharmaceuticals, Inc.
Was Justin B. Klee’s Amylyx (AMLX) share sale part of discretionary trading?
No. According to the footnote, the shares were sold automatically to satisfy tax withholding obligations and were not at the discretion of Justin B. Klee.