Editas Medicine (EDIT) CFO logs small automatic tax-related share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Editas Medicine, Inc. senior vice president and chief financial officer Amy Parison reported an open-market sale of 464 shares of common stock on June 3, 2026 at a weighted average price of $2.7010 per share. According to the disclosure, the sale was carried out under a durable automatic sales instruction plan adopted on July 7, 2022 and was made to satisfy tax withholding obligations arising from vesting of restricted stock units on June 2, 2026, rather than as a discretionary trade. Following this transaction, she directly holds 14,970 shares of Editas Medicine common stock.
Positive
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Insider Trade Summary 10b5-1
Net Seller: 464 shares ($1,253)
Net Sell
1 txn
Insider
Parison Amy
Role
SVP, Chief Financial Officer
Sold
464 shs ($1K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 464 | $2.701 | $1K |
Holdings After Transaction:
Common Stock — 14,970 shares (Direct, null)
Footnotes (1)
- Sale was effected pursuant to a durable automatic sales instruction plan adopted by the Reporting Person on July 7, 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 June 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 $2.7010 to $2.7049. 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
Shares sold: 464 shares
Sale price: $2.7010 per share
Shares held after sale: 14,970 shares
+2 more
5 metrics
Shares sold
464 shares
Open-market sale on June 3, 2026
Sale price
$2.7010 per share
Weighted average transaction price
Shares held after sale
14,970 shares
Direct holdings following transaction
Plan adoption date
July 7, 2022
Durable automatic sales instruction plan
RSU vesting date
June 2, 2026
Triggered tax withholding sale
Key Terms
durable automatic sales instruction plan, restricted stock units, weighted average purchase price
3 terms
durable automatic sales instruction plan financial
"Sale was effected pursuant to a durable automatic sales instruction plan adopted by the Reporting Person on July 7, 2022"
restricted stock units financial
"tax withholding obligations as a result of vesting in restricted stock units on June 2, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average purchase price financial
"The price reported above reflects the weighted average purchase price"
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
FAQ
What did Editas Medicine (EDIT) CFO Amy Parison report in this Form 4?
Editas Medicine CFO Amy Parison reported selling 464 shares of common stock. The shares were sold in the open market under a pre-established automatic sales plan to cover tax withholding from restricted stock unit vesting, not as a discretionary investment decision.