Dyne Therapeutics (DYN) CEO discloses 2,662-share sale for RSU taxes
Rhea-AI Filing Summary
Dyne Therapeutics CEO and President, who is also a director, reported selling 2,662 shares of Common Stock on December 5, 2025 at a weighted average price of $20.72. The shares were automatically sold to satisfy tax withholding obligations tied to restricted stock units granted on December 4, 2024, under a restricted stock unit agreement that constitutes a binding contract consistent with the affirmative defense to liability under Rule 10b5-1, so the sale did not represent a discretionary trade.
After this transaction, the insider beneficially owns 196,877 shares directly, including 108,976 unvested RSUs, and 18,000 shares held in each of four trusts for the benefit of the reporting person’s children. The report notes that 2,662 shares were matchable under Section 16(b) with a prior purchase of 100,000 shares on July 14, 2025, and the reporting person has paid the issuer $31,111.88, representing the profit deemed realized on that short-swing transaction.
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FAQ
What insider transaction did Dyne Therapeutics (DYN) report for its CEO?
The CEO and President reported selling 2,662 shares of Common Stock on December 5, 2025, as shown in Table I of the report.
Why were 2,662 Dyne Therapeutics shares sold by the CEO?
The 2,662 shares were automatically sold to satisfy tax withholding obligations in connection with the vesting of restricted stock units granted on December 4, 2024.
At what price were the Dyne Therapeutics shares sold?
The sale had a weighted average price of $20.72, with individual trades executed between $20.58 and $20.96, inclusive.
How many Dyne Therapeutics shares does the CEO own after the sale?
After the transaction, the insider beneficially owns 196,877 shares directly, including 108,976 unvested RSUs, and 18,000 shares in each of four trusts for the benefit of the reporting person’s children.
What Section 16(b) short-swing profit is mentioned in this report?
The sale of 2,662 shares was matchable under Section 16(b) with a prior purchase of 100,000 shares on July 14, 2025, and the reporting person has paid the issuer $31,111.88, representing the profit deemed realized on that short-swing transaction.
Was the CEO’s sale made under a Rule 10b5-1 plan or binding contract?
Yes. The shares were sold under a restricted stock unit agreement that constitutes a binding contract consistent with the affirmative defense to liability under Rule 10b5-1, and the sale does not represent a discretionary trade.