Aura Biosciences (AURA) insider’s RSU tax sale covers 11,738 shares at ~$7
Rhea-AI Filing Summary
Aura Biosciences, Inc. insider Conor Kilroy reported an open-market sale of 11,738 shares of Common Stock at a weighted average price of about $7.02 per share. According to the disclosure, these shares were sold automatically to cover tax withholding obligations from vested restricted stock units, not at Kilroy’s discretion.
After the sale, Kilroy directly holds 217,835 Aura Biosciences shares, indicating that the transaction reflects a routine tax-related disposition rather than a change in his core ownership position.
Positive
- None.
Negative
- None.
Insights
Routine tax-related sale of a small portion of Aura Biosciences shares.
The filing shows Conor Kilroy selling 11,738 Aura Biosciences common shares at a weighted average of $7.02. Footnotes state the sale was automatic to satisfy tax withholding obligations tied to vesting restricted stock units, not a discretionary trade.
Following the sale, Kilroy still directly owns 217,835 shares, so the transaction represents only a small fraction of his position. Because it is tax-driven and mechanistic, it carries limited informational value about Kilroy’s view of Aura Biosciences (AURA) compared with a typical open-market sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 11,738 | $7.02 | $82K |
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 $7.02 to $7.05, 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.