Editas CEO sells 5,124 shares in tax-plan trade
Editas Medicine’s CEO reported a small, non-discretionary sale of shares under an automatic plan to cover tax withholding from recently vested restricted stock units.
Rhea-AI Filing Summary
Editas Medicine, Inc. (EDIT) director and CEO O'Neill Gilmore Neil reported selling 5,124 shares of common stock on September 3, 2026 at a weighted average price of $3.0372 per share in open-market trades. The sale was made under a Rule 10b5-1 durable automatic sales instruction plan adopted on April 13, 2022 to satisfy tax withholding obligations from restricted stock units that vested on September 2, 2026, and is described as non-discretionary. Following the sale, the reporting person directly holds 243,189 shares of Editas Medicine common stock.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 5,124 | $3.0372 | $16K |
Footnotes (2)
- F1. Sale was effected pursuant to a durable automatic sales instruction plan adopted by the Reporting Person on April 13, 2022, and represents the sale of shares by the Issuer necessary to meet tax withholding obligations as a result of vesting in restricted stock units on September 2, 2026. The sale does not represent a discretionary trade by the Reporting Person.
- F2. This transaction was executed in multiple trades at prices ranging from $3.0050 to $3.0372. The price reported above reflects the weighted average purchase price. The Reporting Person hereby undertakes to provide upon request, to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
Key Figures
Key Terms
durable automatic sales instruction plan financial
restricted stock units financial
tax withholding obligations financial
weighted average purchase price financial
FAQ
What did Editas Medicine (EDIT) disclose in this Form 4 filing?
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