Editas CSO sells 709 shares in tax-plan trade
Editas Medicine’s chief scientific officer reported an automated, tax-related sale of 709 shares under a pre-arranged plan, leaving her with 61,660 shares.
Rhea-AI Filing Summary
Editas Medicine, Inc. (EDIT) reported that EVP and Chief Scientific Officer Linda Burkly sold 709 shares of common stock on September 3, 2026 at a weighted average price of $3.0372 per share, in an open-market transaction.
According to the company’s disclosures, the sale was effected under a durable automatic sales instruction plan adopted on July 3, 2023 and represents shares sold by Editas Medicine to satisfy tax withholding obligations arising from the vesting of restricted stock units on September 2, 2026, rather than a discretionary trade by Burkly. After this transaction, she held 61,660 shares of Editas Medicine common stock directly. The transaction price reflects a weighted average for multiple trades executed between $3.0050 and $3.0372 per share.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 709 | $3.0372 | $2K |
Footnotes (2)
- F1. 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 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 regulatory
restricted stock units financial
weighted average purchase price financial
tax withholding obligations financial
FAQ
What insider transaction did EDIT report for EVP and Chief Scientific Officer Linda Burkly?
Was the September 3, 2026 EDIT insider sale by Linda Burkly discretionary?
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