Denali Therapeutics (DNLI) COFO sells 2,857 shares to cover RSU taxes
Rhea-AI Filing Summary
Denali Therapeutics Inc. officer Alexander O. Schuth reported selling 2,857 shares of common stock on 2026-08-11 at $25.07 per share, with a footnote stating the shares were sold to satisfy tax obligations related to previously vested RSUs. Following this transaction, he directly holds 281,763 shares, including 135,475 unvested RSUs and 1,792 shares acquired under the ESPP on June 1, 2026, and indirectly holds 523,749 shares through The Schuth Family Trust, where he serves as trustee. The filing indicates the transaction was not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,857 shares
Net Sell
2 txns
Insider
Schuth Alexander O.
Role
COFO and Secretary
Sold
2,857 shs ($72K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 2,857 | $25.07 | $72K |
| holding | Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 281,763 shares (Direct);
Common Stock — 523,749 shares (Indirect, See footnote)
Footnotes (4)
- F1. Shares sold to satisfy the tax obligations by the Reporting Person in connection with the settlement of previously vested RSUs.
- F2. Includes 135,475 Unvested RSUs.
- F3. Includes 1,792 shares acquired under the ESPP Purchase on June 1, 2026.
- F4. The shares are held of record by The Schuth Family Trust U/A DTD 06/05/2017, for which the Reporting Person serves as trustee.
Key Figures
Shares sold: 2,857 shares
Sale price: $25.07 per share
Direct holdings after sale: 281,763 shares
+3 more
6 metrics
Shares sold
2,857 shares
Common stock sale reported on 2026-08-11
Sale price
$25.07 per share
Price for 2,857 DNLI shares sold on 2026-08-11
Direct holdings after sale
281,763 shares
Direct DNLI common stock held following the transaction
Indirect holdings (trust)
523,749 shares
Shares held by The Schuth Family Trust with Schuth as trustee
Unvested RSUs included
135,475 RSUs
Unvested RSUs counted within direct holdings after the sale
ESPP shares
1,792 shares
Shares acquired under ESPP purchase on June 1, 2026
Key Terms
RSUs, ESPP, indirect, trustee
4 terms
RSUs financial
"Shares sold to satisfy the tax obligations...in connection with the settlement of previously vested RSUs."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
ESPP financial
"Includes 1,792 shares acquired under the ESPP Purchase on June 1, 2026."
An Employee Stock Purchase Plan (ESPP) is a company program that lets employees buy the company’s shares at a reduced price, usually by setting aside a small portion of their pay over time. It matters to investors because it encourages employees to own part of the business—like giving staff a discounted membership— which can boost commitment and performance, while also potentially increasing the number of shares available and affecting shareholder value.
indirect financial
"Indirect ownership of 523,749 shares is reported as held through a family trust."
trustee financial
"The shares are held of record by The Schuth Family Trust..., for which the Reporting Person serves as trustee."
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
What insider transaction did Denali Therapeutics (DNLI) report for Alexander O. Schuth?
Alexander O. Schuth reported a sale of 2,857 DNLI shares of common stock on 2026-08-11 at $25.07 per share. A footnote explains the sale covered tax obligations from previously vested RSUs.
Was the Denali Therapeutics (DNLI) insider sale made under a Rule 10b5-1 trading plan?
No. The Form 4 for Denali Therapeutics (DNLI) indicates the Rule 10b5-1 checkbox is not selected. The sale of 2,857 shares is instead described as satisfying tax obligations from previously vested RSUs.
How are Alexander O. Schuth’s indirect Denali Therapeutics (DNLI) holdings structured?
The Form 4 shows 523,749 DNLI shares held indirectly by The Schuth Family Trust U/A DTD 06/05/2017, for which Alexander O. Schuth serves as trustee. These are reported as indirect ownership on the form.
What RSU and ESPP positions does Alexander O. Schuth have in Denali Therapeutics (DNLI)?
His reported direct holdings include 135,475 unvested RSUs and 1,792 shares acquired under the ESPP on June 1, 2026. These are part of the total 281,763 directly held shares after the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.