Amylyx Pharmaceuticals (AMLX) CLO auto-sells 3,419 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Amylyx Pharmaceuticals Chief Legal Officer Gina Mazzariello reported an automatic sale of company stock tied to tax withholding. On February 23, 2026, she sold 3,419 shares of common stock in open-market transactions at a weighted average price of $14.1422 per share. The filing explains these shares were sold automatically to cover tax obligations from the vesting of restricted stock units, not at her discretion. After these transactions, she beneficially owned 141,274 shares of Amylyx common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,419 shares ($48,352)
Net Sell
1 txn
Insider
Mazzariello Gina
Role
Chief Legal Officer
Sold
3,419 shs ($48K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,419 | $14.1422 | $48K |
Holdings After Transaction:
Common Stock — 141,274 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 $14.030 to $14.220. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
FAQ
What insider transaction did Amylyx Pharmaceuticals (AMLX) report for Gina Mazzariello?
Amylyx Pharmaceuticals reported that Chief Legal Officer Gina Mazzariello automatically sold 3,419 shares of common stock. The sale occurred on February 23, 2026 to satisfy tax withholding obligations from vesting restricted stock units, rather than a discretionary open-market decision.
Was the Amylyx (AMLX) insider stock sale by Gina Mazzariello an open-market trade?
Yes, the transaction is coded as an open-market sale, but it served to cover tax withholding on vesting restricted stock units. The sales were automatic under this tax requirement, rather than an elective decision to trade shares on the open market.