EVP Linda Burkly of Editas (NASDAQ: EDIT) logs automatic tax-related share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Editas Medicine, Inc. executive Linda Burkly, EVP and Chief Scientific Officer, reported an open-market sale of 749 shares of common stock at a weighted average price of $2.0196 per share. After this transaction, she held 68,028 shares of Editas Medicine common stock.
According to the disclosure, the sale was carried out under a durable automatic sales instruction plan adopted on July 3, 2023 and was made to cover tax withholding obligations from restricted stock units that vested on March 2, 2026. The filing states that this was not a discretionary trade by the reporting person.
Positive
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Negative
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Insider Trade Summary
Net Seller: 749 shares ($1,513)
Net Sell
1 txn
Insider
Burkly Linda
Role
EVP, CHIEF SCIENTIFIC OFFICER
Sold
749 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 749 | $2.0196 | $2K |
Holdings After Transaction:
Common Stock — 68,028 shares (Direct)
Footnotes (1)
- Sale was effected pursuant to a durable automatic sales instruction plan adopted by the Reporting Person on July 3, 2023, 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 March 2, 2026. The sale does not represent a discretionary trade by the Reporting Person. This transaction was executed in multiple trades at prices ranging from $2.0041 to $2.0204. 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
FAQ
What insider transaction did Editas Medicine (EDIT) report for Linda Burkly?
Editas Medicine reported that EVP and Chief Scientific Officer Linda Burkly sold 749 shares of common stock. The transaction was an open-market sale at a weighted average price of $2.0196 per share, leaving her with 68,028 Editas Medicine shares afterward.
Was the Linda Burkly Editas Medicine (EDIT) stock sale a discretionary trade?
The sale was not discretionary. It was executed under a durable automatic sales instruction plan adopted on July 3, 2023, and was made solely to satisfy tax withholding obligations arising from restricted stock units that vested on March 2, 2026.
At what price did Linda Burkly’s Editas Medicine (EDIT) stock sale occur?
The reported sale used a weighted average price of $2.0196 per share. The transaction occurred in multiple trades executed between $2.0041 and $2.0204, as disclosed in the footnotes accompanying the insider trading report.