Annexon (ANNX) EVP sells 5,566 shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Annexon, Inc. executive vice president and chief innovation officer Ted Yednock reported an open-market sale of 5,566 shares of common stock at a weighted average price of $5.42 per share on March 2, 2026. The sale was made to cover tax withholding obligations from vesting RSUs, leaving him with 154,161 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,566 shares ($30,168)
Net Sell
1 txn
Insider
Yednock Ted
Role
EVP & CHIEF INNOVATION OFFICER
Sold
5,566 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,566 | $5.42 | $30K |
Holdings After Transaction:
Common Stock — 154,161 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 $5.35 to $5.57, 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 did Annexon (ANNX) executive Ted Yednock report in this Form 4 filing?
Ted Yednock reported selling 5,566 Annexon common shares in an open-market transaction. The sale occurred on March 2, 2026, and was tied to covering tax withholding obligations from vesting restricted stock units, rather than a discretionary portfolio decision.
Does the Annexon (ANNX) Form 4 indicate the sale was an open-market transaction?
Yes. The transaction is classified as an open-market sale of common stock with code “S.” The filing notes it was executed in multiple trades on March 2, 2026, and that the purpose was to cover tax withholding from vesting restricted stock units.