Dyne Therapeutics CMO sells 887 shares for taxes
Dyne Therapeutics, Inc. Chief Medical Officer Douglas Kerr reported an automatic sale of 887 shares of common stock at a weighted average price of $18.33 per share.
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Rhea-AI Filing Summary
Dyne Therapeutics, Inc. Chief Medical Officer Douglas Kerr reported an automatic sale of 887 shares of common stock at a weighted average price of $18.33 per share. The shares were sold to satisfy tax withholding obligations tied to the vesting of restricted stock units granted on December 4, 2024, under a binding contract consistent with the Rule 10b5-1 affirmative defense. After this transaction, he holds 169,155 shares, including 145,313 unvested restricted stock units.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 887 | $18.33 | $16K |
Footnotes (3)
- F1. Represents shares automatically sold by the Reporting Person to satisfy tax withholding obligations in connection with the vesting of restricted stock units granted to the Reporting Person on December 4, 2024. The automatic sale of the Reporting Person's shares is provided for in a restricted stock unit agreement constituting a "binding contract" consistent with the affirmative defense to liability under Rule 10b5-1 and the sale does not represent a discretionary trade by the Reporting Person.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $18.00 to $18.70, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote of this Form 4.
- F3. Includes 145,313 unvested RSUs.
Key Figures
Key Terms
restricted stock units financial
Rule 10b5-1 regulatory
weighted average price financial
tax withholding obligations financial
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