Aurinia (AUPH) COO has 32,901 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aurinia Pharmaceuticals Inc. insider activity: Chief Operating Officer Matthew Maxwell Donley reported a tax-related share disposition tied to equity compensation. On this Form 4, 32,901 shares of common stock were withheld at $14.4000 per share to satisfy tax obligations upon the vesting of restricted stock units. This was an automatic tax-withholding disposition, not an open-market trade, and Donley continued to hold 662,900 common shares directly after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Donley Matthew Maxwell
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 32,901 | $14.40 | $474K |
Holdings After Transaction:
Common Stock — 662,900 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Aurinia Pharmaceuticals (AUPH) report for Matthew Maxwell Donley?
Aurinia Pharmaceuticals reported that COO Matthew Maxwell Donley had 32,901 common shares withheld for taxes upon RSU vesting. The shares were disposed of at $14.4000 per share to cover tax withholding obligations, rather than through an open-market sale.
Was the Aurinia Pharmaceuticals (AUPH) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 32,901 common shares were withheld to satisfy tax obligations triggered by vesting restricted stock units, as indicated by transaction code F and the accompanying footnote.
What does transaction code F mean in the Aurinia Pharmaceuticals (AUPH) Form 4?
Transaction code F indicates a tax-related disposition, typically for withholding. In this case, 32,901 common shares were withheld at $14.4000 per share to satisfy tax liabilities arising from the vesting of restricted stock units awarded to the executive.
What role does Matthew Maxwell Donley hold at Aurinia Pharmaceuticals (AUPH)?
Matthew Maxwell Donley serves as Chief Operating Officer of Aurinia Pharmaceuticals Inc. The Form 4 filing reports his equity compensation-related tax-withholding disposition, where company shares were withheld upon restricted stock units vesting to meet associated tax obligations.