Ginkgo Bioworks (DNA) CFO logs 743 RSU vesting, tax sale
Rhea-AI Filing Summary
Ginkgo Bioworks Holdings, Inc. (DNA) reported insider equity activity by Chief Financial Officer Steven P. Coen. On August 21, 2026, 743 Restricted Stock Units vested and were converted into an equal number of Class A Common shares in two tranches of 587 and 156 RSUs. On August 24, 2026, Coen sold 330 shares of Class A Common Stock at $6.977 per share to cover tax withholding obligations related to vesting; the company states these sell-to-cover trades were not discretionary. The Rule 10b5-1 trading plan checkbox was not selected.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
5 txns
Insider
Coen Steven P.
Role
See remarks
Sold
330 shs ($2K)
Approx. gross sale proceeds
$2K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F2 | 330 | $6.977 | $2K |
| Exercise | Restricted Stock Units F1, F3 | 587 | -- | -- |
| Exercise | Restricted Stock Units F1, F4 | 156 | -- | -- |
| Exercise | Class A Common Stock F1 | 587 | -- | -- |
| Exercise | Class A Common Stock F1 | 156 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 8,271 shares (Direct);
Class A Common Stock — 51,851 shares (Direct)
Footnotes (4)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. Represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock and/or restricted stock units. Sales to cover tax withholding obligations in connection with the vesting of such securities do not represent discretionary trades by the Reporting Person. The Issuer's equity incentive plans allow the Issuer to require that satisfaction of tax withholding obligations be funded by a "sell to cover" transaction.
- F3. The RSUs vest as follows: 25% of the underlying shares vested on May 1, 2024, then 36 equal monthly installments thereafter.
- F4. The RSUs vest as follows: 2/48ths of the underlying shares vested on May 1, 2024, then 46 equal monthly installments thereafter.
Key Figures
Shares sold: 330 shares
Sale price per share: $6.977 per share
RSUs converted (total): 743 RSUs
+2 more
5 metrics
Shares sold
330 shares
Class A Common Stock sale on August 24, 2026 to cover tax withholding
Sale price per share
$6.977 per share
Price for 330 Class A Common shares sold on August 24, 2026
RSUs converted (total)
743 RSUs
Total Restricted Stock Units converted into Class A Common Stock on August 21, 2026
RSUs tranche 1
587 RSUs
First RSU tranche converted into Class A Common Stock on August 21, 2026
RSUs tranche 2
156 RSUs
Second RSU tranche converted into Class A Common Stock on August 21, 2026
Key Terms
Restricted Stock Units, sell to cover, tax withholding obligations, equity incentive plans
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
sell to cover financial
"plans allow the Issuer to require that satisfaction of tax withholding obligations be funded by a "sell to cover" transaction"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
tax withholding obligations financial
"Represents shares sold ... to cover tax withholding obligations in connection with the vesting"
equity incentive plans financial
"The Issuer's equity incentive plans allow the Issuer to require that satisfaction"
Equity incentive plans are company programs that pay employees, executives, or directors with company stock, stock options, or share units instead of or in addition to cash, aiming to align their interests with shareholders—like giving team members a stake in the house they help build. For investors this matters because such plans can motivate better company performance but also dilute existing ownership and increase reported compensation costs, so they affect future earnings, voting power, and share value.
FAQ
What insider transactions did DNA’s CFO Steven P. Coen report?
Steven P. Coen reported that 743 RSUs vested and were converted into Class A Common Stock on August 21, 2026, and that he sold 330 shares of Class A Common Stock on August 24, 2026, to cover tax withholding obligations related to vesting.
Were the recent DNA insider sales by the CFO discretionary trades?
No. The filing states the 330 shares sold on August 24, 2026 were sold to cover tax withholding obligations arising from restricted stock and/or RSU vesting and that such sell-to-cover sales do not represent discretionary trades by the reporting person.
What equity awards vested for DNA’s CFO in August 2026?
On August 21, 2026, 743 Restricted Stock Units held by the CFO vested and were converted into an equal number of Ginkgo Bioworks Class A Common shares, in two tranches of 587 RSUs and 156 RSUs, each corresponding to one share of stock per RSU.
Were DNA CFO’s August 2026 transactions under a Rule 10b5-1 plan?
The document-level Rule 10b5-1 checkbox is not selected, indicating these August 2026 transactions were not affirmatively reported as being made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
