AnaptysBio (ANAB) CEO reports RSU vesting and tax share sale via Form 4
Rhea-AI Filing Summary
AnaptysBio President and CEO Daniel Faga, who is also a director, reported the vesting of 26,838 restricted stock units (RSUs) on January 7, 2026. Each RSU converts into one share of common stock for no cash cost, increasing his directly held common shares to 493,625 and leaving 80,512 RSUs outstanding.
On January 8, 2026, Faga reported selling 14,281 shares of common stock at $44.71 per share. According to the disclosure, this sale was made solely to cover tax withholding obligations arising from the RSU vesting through a “sell to cover” transaction, and was not a discretionary trade.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 14,281 | $44.71 | $639K |
| Exercise | Restricted Stock Unit | 26,838 | $0.00 | -- |
| Exercise | Common Stock | 26,838 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration. The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person. The RSUs vests as to 25% of the total RSUs annually commencing on January 7, 2026 until fully vested, subject to the Reporting Person's provision of service to the Issuer on each vesting date.
FAQ
What insider transactions did ANAB President and CEO Daniel Faga report?
Daniel Faga reported the vesting of 26,838 RSUs on January 7, 2026, which converted into shares of AnaptysBio common stock for no cash consideration, and a subsequent sale of 14,281 common shares on January 8, 2026 at $44.71 per share.
What are the terms of the ANAB CEO’s restricted stock units reported here?
Each RSU represents a contingent right to receive 1 share of AnaptysBio common stock for no consideration upon settlement. The RSUs vest as to 25% of the total units annually, beginning on January 7, 2026, so long as Daniel Faga continues to provide service to the company on each vesting date.
On what dates did the AnaptysBio (ANAB) insider transactions occur?
The RSU-related transactions, including conversion into common stock, are dated January 7, 2026. The related tax “sell to cover” sale of 14,281 common shares at $44.71 per share occurred on January 8, 2026.
Is the AnaptysBio CEO’s RSU transaction a cashless exercise?
Yes. The disclosure notes that each RSU converts into one share of common stock for no consideration, meaning Faga did not pay cash to receive the 26,838 shares issued upon RSU settlement.