Annexon (ANNX) CMO sells 5,290 shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Annexon, Inc. chief medical officer Jamie Dananberg reported an open-market sale of 5,290 shares of common stock at a weighted average price of $5.10 per share. According to the disclosure, the shares were sold to cover tax withholding obligations tied to the vesting of restricted stock units. After this tax-related sale, Dananberg directly holds 73,152 Annexon shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,290 shares ($26,979)
Net Sell
1 txn
Insider
Dananberg Jamie
Role
CHIEF MEDICAL OFFICER
Sold
5,290 shs ($27K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,290 | $5.10 | $27K |
Holdings After Transaction:
Common Stock — 73,152 shares (Direct)
Footnotes (1)
- The shares were sold to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs"). This transaction was executed in multiple trades in prices ranging from $4.93 to $5.16, 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
What insider transaction did Annexon (ANNX) report for Jamie Dananberg?
Annexon reported that chief medical officer Jamie Dananberg sold 5,290 shares of common stock. The filing states this open-market sale was executed to cover tax withholding obligations related to the vesting of restricted stock units.
Was Jamie Dananberg’s Annexon (ANNX) sale a single trade or multiple trades?
The filing notes the sale was executed in multiple trades at prices ranging from $4.93 to $5.16. The reported $5.10 figure represents the weighted average sale price across those individual transactions.