BridgeBio Pharma (BBIO) director has 788 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BridgeBio Pharma director Charles J. Homcy reported a routine tax-withholding transaction related to restricted stock units. On vesting of 2,196 RSU-based common shares, 788 shares of BridgeBio Pharma, Inc. common stock were withheld at $66.27 per share to cover his tax obligations.
After this non-market disposition, Homcy directly holds 915,886 shares of BridgeBio common stock. This type of Form 4 event reflects compensation and associated taxes rather than an open-market trade expressing a view on the stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HOMCY CHARLES J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 788 | $66.27 | $52K |
Holdings After Transaction:
Common Stock — 915,886 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 788 shares
Withholding price per share: $66.27 per share
RSU shares vested: 2,196 shares
+1 more
4 metrics
Shares withheld for taxes
788 shares
Common stock withheld for tax obligation on RSU vesting
Withholding price per share
$66.27 per share
Value used for 788 withheld BridgeBio common shares
RSU shares vested
2,196 shares
Common stock underlying RSUs that vested for the director
Shares owned after transaction
915,886 shares
Director’s direct BridgeBio common stock holdings post-transaction
Key Terms
RSUs, tax obligation, vesting, tax-withholding disposition
4 terms
RSUs financial
"underlying the Reporting Person's RSUs"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax obligation financial
"withheld to satisfy the Reporting Person's tax obligation"
vesting financial
"in connection with the vesting of 2,196 shares"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did BridgeBio Pharma (BBIO) director Charles Homcy report?
Charles J. Homcy reported a tax-withholding disposition on BridgeBio Pharma common stock. The company withheld 788 shares when 2,196 RSU-based shares vested, covering his tax obligation rather than reflecting an open-market trade or discretionary sale.
What RSU vesting event triggered the BridgeBio (BBIO) tax withholding?
The withholding was triggered when 2,196 shares of BridgeBio Pharma common stock underlying Charles Homcy’s RSUs vested. To cover the resulting tax liability, 788 of those shares were withheld instead of being delivered to him as freely tradable stock.
Was the BridgeBio (BBIO) Form 4 a market sale by Charles Homcy?
No, the Form 4 reflects a tax-withholding disposition, not an open-market sale. The issuer withheld 788 shares at $66.27 per share to pay taxes on vested RSUs, a common administrative step in equity compensation programs rather than an active trading decision.