Ani Pharmaceuticals (NASDAQ: ANIP) SVP records tax-withholding stock transactions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ANI Pharmaceuticals SVP Ori Gutwerg reported tax-withholding share transactions tied to restricted stock vesting. On February 12, 1,775 shares of common stock were withheld at $76.7 per share, and on February 14, 1,888 shares were withheld at $77.36 per share.
These dispositions were made to cover tax obligations in connection with the vesting of 3,917 and 3,691 previously granted restricted shares. After these transactions, Gutwerg directly owned 76,094 shares of ANI Pharmaceuticals common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Gutwerg Ori
Role
SVP, GENERICS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,888 | $77.36 | $146K |
| Tax Withholding | Common Stock | 1,775 | $76.70 | $136K |
Holdings After Transaction:
Common Stock — 76,094 shares (Direct)
Footnotes (1)
- Shares withheld for tax purposes exempt under Rule 16(b)-3 in connection with the vesting of 3,917 shares of restricted stock, the grant of which was previously reported on February 18, 2025. Shares withheld for tax purposes exempt under Rule 16(b)-3 in connection with the vesting of 3,691 shares of restricted stock, the grant of which was previously reported on February 16, 2024.
FAQ
What insider transaction did ANI Pharmaceuticals (ANIP) report for Ori Gutwerg?
ANI Pharmaceuticals reported that SVP Ori Gutwerg had shares withheld to cover taxes on restricted stock vesting. Two tax-withholding dispositions of common stock were recorded on February 12 and 14, 2026, rather than open-market purchases or sales.
Were Ori Gutwerg’s ANI Pharmaceuticals transactions open-market sales?
No, the transactions were not open-market sales. The Form 4 lists transaction code F, indicating shares were withheld as a tax-withholding disposition in connection with restricted stock vesting, exempt under Rule 16(b)-3, rather than discretionary selling into the market.
What triggered the ANI Pharmaceuticals tax-withholding transactions for Ori Gutwerg?
The transactions were triggered by vesting of previously granted restricted stock. One footnote cites vesting of 3,917 restricted shares granted February 18, 2025, and another cites vesting of 3,691 restricted shares granted February 16, 2024, leading to shares withheld for tax purposes.
What does transaction code F mean in Ori Gutwerg’s ANI Pharmaceuticals Form 4?
Transaction code F indicates a tax-withholding disposition of shares to satisfy tax or exercise-price obligations. In this case, ANI Pharmaceuticals used shares from restricted stock vesting for Gutwerg’s tax liabilities, rather than involving an open-market buy or sell order.