Cryoport CFO sells shares to cover tax bill
Cryoport, Inc. Chief Financial Officer Robert Stefanovich reported a small, tax-related share sale.
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Rhea-AI Filing Summary
Cryoport, Inc. Chief Financial Officer Robert Stefanovich reported a small, tax-related share sale. On this Form 4, he sold 1,094 shares of common stock at $8.18 per share, with a footnote stating the shares were required to be sold under company policy to pay taxes due upon the vesting of restricted stock rights. After the transaction, he directly holds 279,277 shares, indicating this was a routine withholding event tied to equity compensation rather than a discretionary reduction of his overall stake.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,094 | $8.18 | $9K |
Footnotes (1)
- F1. Shares required to be sold in accordance with the Issuer's policies, in payment of taxes due upon the vesting of restricted stock rights.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Cryoport (CYRX) disclose for its CFO?
Was the Cryoport CFO’s reported sale an open-market disposition of CYRX stock?
Does this Cryoport Form 4 indicate any derivative or option exercises by the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.