Tax-related Aura Biosciences (AURA) insider sale covers RSU withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aura Biosciences, Inc. officer Anthony S. Gibney reported an automatic sale of common stock tied to tax withholding. On June 16, 2026, 12,824 shares were sold at $6.42 per share to cover tax obligations from vesting restricted stock units, leaving him with 265,354 directly held shares. The footnote states these sales were executed automatically and not at his discretion.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,824 shares ($82,330)
Net Sell
1 txn
Insider
Gibney Anthony S
Role
See Remarks
Sold
12,824 shs ($82K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,824 | $6.42 | $82K |
Holdings After Transaction:
Common Stock — 265,354 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 12,824 shares
Sale price: $6.42 per share
Shares held after sale: 265,354 shares
3 metrics
Shares sold
12,824 shares
Open-market sale on June 16, 2026
Sale price
$6.42 per share
Price for common stock sold to cover tax withholding
Shares held after sale
265,354 shares
Direct ownership following the June 16, 2026 transaction
Key Terms
restricted stock units, tax withholding obligations, open-market sale
3 terms
restricted stock units financial
"in connection with the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"required to be sold by the Reporting Person to cover tax withholding obligations"
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Aura Biosciences (AURA) report for Anthony S. Gibney?
Aura Biosciences reported that officer Anthony S. Gibney sold 12,824 shares of common stock at $6.42 per share. The sale was made to cover tax withholding obligations related to vesting restricted stock units and was executed automatically, not at his discretion.
Was the Aura Biosciences (AURA) insider sale a discretionary trade?
No. The filing states the shares sold by Anthony S. Gibney were required to cover tax withholding obligations from vesting restricted stock units. The transactions were automatic and not executed at the reporting person’s discretion, indicating a routine tax-related event rather than a voluntary sale.
What does the Form 4 footnote say about Aura Biosciences (AURA) insider sales?
The footnote explains that the reported sales represent shares required to be sold to cover tax withholding obligations from vesting restricted stock units. It further clarifies that these sales were automatic and not made at the discretion of the reporting person, Anthony S. Gibney.