Cidara Therapeutics officer reports 10,332-share tax withholding
Cidara Therapeutics’ Chief Medical Officer reported a routine insider stock transaction.
Rhea-AI Filing Summary
Cidara Therapeutics’ Chief Medical Officer reported a routine insider stock transaction. On 12/10/2025, 10,332 shares of common stock were disposed of to cover taxes due on restricted stock unit vesting, as explained in the footnotes. After this tax withholding, the officer beneficially owned 21,286 common shares directly, which includes 200 shares acquired through the company’s Employee Stock Purchase Plan on November 20, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 10,332 | $219.60 | $2.27M |
Footnotes (2)
- F1. Shares withheld for taxes on RSU vesting.
- F2. Includes 200 shares acquired pursuant to the Issuer's Employee Stock Purchase Plan (ESPP) on November 20, 2025.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Cidara Therapeutics (CDTX) report in this filing?
The filing shows that the Chief Medical Officer disposed of 10,332 shares of Cidara Therapeutics common stock on 12/10/2025 to cover taxes on restricted stock unit (RSU) vesting.
Was the CDTX insider transaction an open-market stock sale?
No. The footnotes state that the 10,332 shares were withheld for taxes on RSU vesting, rather than sold in an open-market transaction.
What does the filing say about restricted stock units (RSUs) at Cidara Therapeutics?
The filing explains that shares were withheld for taxes on RSU vesting, indicating the transaction was related to equity compensation rather than a discretionary sale.
Whose ownership is reported in this Cidara Therapeutics insider filing?
The filing relates to an officer of Cidara Therapeutics, specifically the company’s Chief Medical Officer, and is filed for one reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.