Form 4: Elazzouzi Amy reports sale transactions in AURA
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Elazzouzi Amy reported open-market sale transactions in a Form 4 filing for AURA. The filing lists transactions totaling 8,549 shares at a weighted average price of $5.06 per share. Following the reported transactions, holdings were 75,532 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,549 shares ($43,258)
Net Sell
1 txn
Insider
Elazzouzi Amy
Role
Senior Vice President, Finance
Sold
8,549 shs ($43K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,549 | $5.06 | $43K |
Holdings After Transaction:
Common Stock — 75,532 shares (Direct)
Footnotes (1)
- The sales reported on this Form 4 represent the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. Such sales were automatic and not at the discretion of the Reporting Person. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.04 to $5.31, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
FAQ
What did Aura Biosciences (AURA) disclose in this Form 4 filing?
Aura Biosciences reported that Senior Vice President of Finance Amy Elazzouzi sold 8,549 shares of common stock. The filing explains these were automatic sales to cover tax withholding obligations related to vesting restricted stock units, not discretionary trading activity.
Were the Aura Biosciences (AURA) insider sales part of a discretionary trading plan?
No. The filing specifies that the sales represented only the number of shares required to cover tax withholding on vested restricted stock units. It states the transactions were automatic and not executed at the personal discretion of the reporting insider.