Cullinan Therapeutics (CGEM) CMO sells shares to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cullinan Therapeutics Chief Medical Officer Jeffrey Alan Jones reported an open-market sale of 4,582 shares of common stock at $14.47 per share. According to the footnote, the sale was made to cover personal income tax obligations upon vesting of restricted stock units. After this transaction, Jones directly holds 159,968 shares of Cullinan Therapeutics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,582 shares ($66,302)
Net Sell
1 txn
Insider
Jones Jeffrey Alan
Role
Chief Medical Officer
Sold
4,582 shs ($66K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,582 | $14.47 | $66K |
Holdings After Transaction:
Common Stock — 159,968 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Cullinan Therapeutics (CGEM) disclose for Jeffrey Alan Jones?
Cullinan Therapeutics reported that Chief Medical Officer Jeffrey Alan Jones sold 4,582 shares of common stock. The shares were sold in an open-market transaction and the filing notes the sale was made to cover personal income tax obligations from vesting restricted stock units.
Is the Cullinan Therapeutics (CGEM) insider transaction classified as a buy or sell?
The transaction is classified as a sell. The Form 4 lists transaction code “S,” describing an open-market or private sale, and specifies that 4,582 shares of Cullinan Therapeutics common stock were sold by Chief Medical Officer Jeffrey Alan Jones.
What role does Jeffrey Alan Jones hold at Cullinan Therapeutics (CGEM) in this Form 4 filing?
In the Form 4, Jeffrey Alan Jones is identified as an officer of Cullinan Therapeutics, serving as Chief Medical Officer. The reported 4,582-share open-market sale and resulting ownership of 159,968 shares relate to his status as a company officer.