Automatic tax-related share sale trims Editas (NASDAQ: EDIT) CEO stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Editas Medicine CEO O'Neill Gilmore Neil reported an automatic tax-related share sale. On March 3, 2026, he sold 5,394 shares of Editas Medicine common stock in open-market transactions at a weighted average price of $2.0197 per share. The footnotes explain the sale was executed under a durable automatic sales instruction plan adopted on April 13, 2022 to cover tax withholding on restricted stock units that vested on March 2, 2026, and did not represent a discretionary trade. Following this transaction, he held 263,693 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,394 shares ($10,894)
Net Sell
1 txn
Insider
O'Neill Gilmore Neil
Role
CEO
Sold
5,394 shs ($11K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,394 | $2.0197 | $11K |
Holdings After Transaction:
Common Stock — 263,693 shares (Direct)
Footnotes (1)
- 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 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 $2.0050 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 did Editas Medicine (EDIT) CEO report in this Form 4 filing?
Editas Medicine CEO O'Neill Gilmore Neil reported selling 5,394 shares of common stock. The shares were sold in open-market transactions to cover tax withholding obligations arising from restricted stock units that vested on March 2, 2026, under a pre-established automatic sales instruction plan.