Annexon EVP sells shares to cover tax obligations

Annexon, Inc. executive Ted Yednock reported an open-market sale of 7,857 shares of common stock on February 18, 2026, at a weighted average price of $5.11 per share.

Rhea-AI Filing Summary

Annexon, Inc. executive Ted Yednock reported an open-market sale of 7,857 shares of common stock on February 18, 2026, at a weighted average price of $5.11 per share. The filing notes the shares were sold to cover tax withholding obligations tied to vesting restricted stock units.

After this transaction, Yednock directly owned 97,227 Annexon shares. The sale was executed in multiple trades at prices ranging from $4.925 to $5.17, with the reported price reflecting the weighted average across those trades.

Insider Trade Summary

Net Seller: 7,857 shares

Net Sell 1 txn

Insider Yednock Ted

Role EVP & CHIEF INNOVATION OFFICER

Sold 7,857 shs ($40K)

Type	Security	Shares	Price	Value
Sale	Common Stock	7,857	$5.11	$40K

Holdings After Transaction: Common Stock — 97,227 shares (Direct)

Footnotes (2)

1. F1. The shares were sold to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs").
2. F2. This transaction was executed in multiple trades in prices ranging from $4.925 to $5.17, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

FAQ

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What did Annexon (ANNX) executive Ted Yednock report in this Form 4?

Ted Yednock, Annexon’s EVP & Chief Innovation Officer, reported selling 7,857 shares of common stock on February 18, 2026, at a weighted average price of $5.11 per share. The transaction was disclosed as an open-market sale under SEC rules.

Why did Annexon (ANNX) EVP Ted Yednock sell 7,857 shares?

The filing states Yednock sold 7,857 shares to cover tax withholding obligations arising from the vesting of restricted stock units. This means the sale was made to satisfy tax liabilities linked to his equity compensation rather than a discretionary portfolio decision.

What price range did the Annexon (ANNX) insider share sale cover?

The sale was executed in multiple trades at prices ranging from $4.925 to $5.17 per share. The Form 4 reports a weighted average sale price of $5.11, and Yednock has undertaken to provide full trade details upon request to interested parties.

How many Annexon (ANNX) shares does Ted Yednock hold after this transaction?

After the reported sale of 7,857 shares, Ted Yednock directly owned 97,227 shares of Annexon common stock. This post-transaction holding reflects his remaining direct ownership position following the tax-related sale linked to restricted stock unit vesting.

Is the Annexon (ANNX) insider sale described as open-market or private?

The transaction is coded as an open-market sale of common stock. The filing describes it as a sale executed in multiple trades on the market within a specified price range, with the weighted average price of $5.11 disclosed in the main transaction details.

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Accepted by SEC EDGAR 02/20/2026 - 04:30 PM EST Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Yednock Ted

(Last) (First) (Middle)

C/O ANNEXON, INC

1400 SIERRA POINT PKWY, BLDG C, STE 200

(Street)

BRISBANE CA 94005

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Annexon, Inc. [ ANNX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & CHIEF INNOVATION OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/18/2026		S(1)		7,857	D	$5.11(2)	97,227	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The shares were sold to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs").

2. This transaction was executed in multiple trades in prices ranging from $4.925 to $5.17, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.

	/s/ Jennifer Lew, Attorney-in-Fact	02/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.