C4 Therapeutics (NASDAQ: CCCC) CMO gains shares via RSU vesting, withholds some for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
C4 Therapeutics, Inc. reported equity compensation activity for Chief Medical Officer Leonard Reyno. On July 10, 2026, Reyno acquired 15,325 shares of common stock upon vesting of previously granted restricted stock units. In a related move, 7,397 shares were withheld by the company to cover tax obligations associated with this vesting, which the company states does not represent an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
REYNO LEONARD
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 15,325 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,397 | $4.06 | $30K |
Holdings After Transaction:
Common Stock — 379,803 shares (Direct)
Footnotes (1)
- Reflects the acquisition of shares of Common Stock upon vesting of previously disclosed grants of restricted stock units ("RSUs"). The grant of RSUs was initially reported in Table I of the Form 4 filed by the Reporting Person on July 12, 2023. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs and does not represent a sale by the Reporting Person.
Key Figures
Shares acquired via RSU vesting: 15,325 shares of Common Stock
Shares withheld for taxes: 7,397 shares of Common Stock
Tax withholding price: $4.06 per share
+2 more
5 metrics
Shares acquired via RSU vesting
15,325 shares of Common Stock
Acquisition upon vesting of previously granted RSUs on July 10, 2026
Shares withheld for taxes
7,397 shares of Common Stock
Withheld by issuer to satisfy tax obligations related to RSU vesting
Tax withholding price
$4.06 per share
Transaction price per share for 7,397 withheld shares
Holdings after acquisition entry
379,803 shares
Total shares reported following the RSU-related acquisition transaction row
Holdings after tax-withholding entry
372,406 shares
Total shares reported following the tax-withholding disposition transaction row
Key Terms
restricted stock units ("RSUs"), tax withholding obligations, vesting and settlement, Exercise or conversion of derivative security
4 terms
restricted stock units ("RSUs") financial
"Reflects the acquisition of shares of Common Stock upon vesting of previously disclosed grants of restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
tax withholding obligations financial
"Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs."
vesting and settlement financial
"to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs"
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
FAQ
What did C4 Therapeutics (CCCC) Chief Medical Officer Leonard Reyno report on this Form 4?
Leonard Reyno reported vesting of restricted stock units resulting in the acquisition of 15,325 shares of C4 Therapeutics common stock, with a portion of those shares withheld to cover associated tax obligations.
Does Leonard Reyno’s C4 Therapeutics (CCCC) Form 4 show any open-market stock sales?
No open-market sales are shown. The filing states the 7,397-share disposition represents shares withheld by C4 Therapeutics to satisfy tax withholding obligations and explicitly notes this does not represent a sale by Leonard Reyno.