CCCC Form 4: CFO RSU Settlement Increases Beneficial Ownership to 165,117
Rhea-AI Filing Summary
C4 Therapeutics insider filing: The reporting person, Kendra Adams (CFO), acquired 6,250 shares of common stock on 09/18/2025 upon vesting of previously granted restricted stock units (RSUs). The shares were issued at no cash price upon vesting and increased her beneficial holdings to 165,117 shares. In connection with the vesting, the issuer withheld 2,775 shares to satisfy tax withholding obligations, which reduced the net shares delivered and left 162,342 shares listed after the withholding entry on the Form 4.
Positive
- RSU vesting increased the reporting person's beneficial ownership to 165,117 shares
- Transaction was non-cash (vested RSUs settled), indicating compensation alignment rather than a market sale
Negative
- 2,775 shares withheld for taxes, reducing net delivery of vested shares (administrative impact on holdings)
Insights
TL;DR: Routine insider RSU vesting increases officer holdings; withholding for taxes is standard and not market-moving.
The Form 4 discloses a non-cash, routine settlement of previously granted RSUs for the CFO, resulting in an increase to beneficial ownership to 165,117 shares. The withholding of 2,775 shares to cover taxes is a common administrative action and does not indicate an open-market sale. There are no cash proceeds or dispositions reported beyond the withholding, and the transactions appear consistent with standard executive compensation settlement practices.
TL;DR: Disclosure aligns with Section 16 reporting requirements; signatures and explanations are properly provided.
The filing includes the required explanation that the acquisition resulted from RSU vesting originally reported in 2023 and clearly states the tax-withholding share retention. The Form 4 is signed by an attorney-in-fact, which is acceptable when properly authorized. No departures from typical governance disclosure practices are evident in the document.