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EDIT Form 144 Filing: 7,000-Share Sale After RSU Vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Editas Medicine (EDIT) Form 144 notice reports a proposed sale of 7,000 shares of Common Stock to be executed through ETrade on 09/03/2025 on Nasdaq with an aggregate market value of $19,110.00. The filing shows these shares were acquired on 09/02/2025 through restricted stock unit vesting (equity compensation), with 11,294 shares listed as acquired on that date. The filing also discloses a sale by Gilmore O'Neill of 15,192 shares on 06/03/2025 for gross proceeds of $26,195.57. The notice includes the standard representation that the seller does not possess undisclosed material adverse information about the issuer.

Positive

  • Rule 144 compliance: The filer submitted a Form 144 to disclose the proposed sale as required.
  • Source of shares disclosed: The shares to be sold were acquired via restricted stock unit vesting, clearly identified as equity compensation.

Negative

  • None.

Insights

TL;DR: Routine insider notification of proposed sale following RSU vesting; transaction size appears immaterial to share count.

The Form 144 documents a planned disposition of newly vested equity (7,000 shares) executed via a broker on Nasdaq, with the shares acquired one day earlier by RSU vesting. This is a standard compliance filing under Rule 144 that notifies the market of an intended sale by an insider or person subject to resale restrictions. The filing also reports a prior sale of 15,192 shares by Gilmore O'Neill in June, with modest gross proceeds reported. There is no earnings, financing, or other corporate event disclosed in this filing that would by itself be material to equity valuation.

TL;DR: Disclosure aligns with governance and insider trading rules; statement about absence of undisclosed material information is included.

The notice includes the seller's attestation that they are unaware of any material nonpublic information and references potential reliance on a Rule 10b5-1 trading plan if applicable. The filing documents acquisition by equity compensation (RSU vesting) and a near-term planned sale, which are common elements in insider equity management. No departures from standard disclosure or governance practice are evident from the submitted text.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the Editas Medicine (EDIT) Form 144 disclose about the proposed sale?

The Form 144 discloses a proposed sale of 7,000 shares of Common Stock through ETrade on 09/03/2025 with aggregate market value $19,110.00.

How were the shares being sold acquired according to the filing?

The filing states the shares were acquired on 09/02/2025 through Restricted Stock Unit vesting and characterized as equity compensation.

Does the filing show any recent sales by the same person in the prior three months?

Yes. The filing reports that Gilmore O'Neill sold 15,192 shares on 06/03/2025 for gross proceeds of $26,195.57.

On which exchange is the proposed sale to be executed?

The proposed sale is to be executed on Nasdaq via ETrade Financial Corporation.

Does the filer attest to any information about undisclosed material facts?

Yes. The person for whose account the securities are to be sold represents by signing the notice that they do not know of any material adverse information regarding the issuer that has not been publicly disclosed.
Editas Medicine Inc

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Biotechnology
Biological Products, (no Disgnostic Substances)
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United States
CAMBRIDGE