Cue Biopharma officer sells 1,144 shares for taxes
The reported sale was an automatic sell-to-cover transaction for mandatory tax withholding, rather than a discretionary trade by the VP, Prin. Accounting Officer.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Cue Biopharma, Inc. (CUE) VP, Prin. Accounting Officer Michael Vincent Meluzio reported a sale of 1,144 shares of common stock on October 12, 2026, at $28.05 per share, leaving 47,817 shares held directly. Under the issuer's Company-Wide Policy, the shares were sold automatically to satisfy mandatory tax withholding through a sell-to-cover transaction tied to restricted stock unit vesting and settlement. Meluzio did not control the timing, price or number of shares sold. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,144 | $28.05 | $32K |
Footnotes (1)
- F1. The sales reported represent shares sold pursuant to the Issuer's Company-Wide Policy and do not represent discretionary transactions by the Reporting Person. These sales were made automatically to satisfy mandatory tax withholding obligations through a "sell-to-cover" transaction in connection with the vesting and settlement of restricted stock units, and the Reporting Person did not exercise any control over the timing, price or number of shares sold.
Key Figures
Key Terms
sell-to-cover financial
restricted stock units financial
mandatory tax withholding obligations financial
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.