Enanta (NASDAQ: ENTA) CBO receives stock awards, tax shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enanta Pharmaceuticals’ Chief Business Officer Brendan Luu reported equity compensation activity. On February 12, 2026, he acquired 1,575 shares of common stock through performance share units tied to 2024–2025 research and development milestones, and 4,987 shares through a relative total stockholder return unit award, both at $0 per share.
On the same date, 3,257 shares were automatically forfeited at $14.25 per share to cover withholding taxes arising from settlement of these awards. After these transactions, Luu directly beneficially owned 41,634 shares of Enanta common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Luu Brendan
Role
Chief Business Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,575 | $0.00 | -- |
| Grant/Award | Common Stock | 4,987 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,257 | $14.25 | $46K |
Holdings After Transaction:
Common Stock — 39,904 shares (Direct)
Footnotes (1)
- Represents shares of Enanta common stock issued under performance share units ("PSUs") that vested as a result of performance against two-year research and development milestones in the calendar 2024-2025 period as determined by the Compensation Committee of Enanta's Board of Directors, and then settled with the issuance of the shares of Enanta common stock on February 12, 2026. Represents shares of Enanta common stock issued under a relative total stockholder return unit ("rTSRU") award that was subject to performance-vesting restrictions based on the relative total stockholder return of Enanta's common stock in relation to the total stockholder return of the component companies in the Nasdaq Biotech Index over the same 60-day calendar periods two years apart. The performance level was determined by the Compensation Committee of Enanta's Board of Directors and the rTSRU settled with the issuance of the shares of Enanta common stock on February 12, 2026. Represents the number of shares of common stock automatically forfeited by the reporting person to cover withholding taxes due as a result of settlement of the PSU and rTSRU awards.
FAQ
What insider transactions did ENTA’s Chief Business Officer report on February 12, 2026?
On February 12, 2026, Enanta’s Chief Business Officer Brendan Luu reported equity compensation transactions. He received 1,575 PSU-based shares and 4,987 rTSRU-based shares, and 3,257 shares were automatically forfeited to satisfy tax withholding obligations from these award settlements.
What are the rTSRU awards disclosed for Enanta (ENTA) in this filing?
The rTSRU award is a relative total stockholder return unit that vests based on Enanta’s stock return versus the Nasdaq Biotech Index. After performance was determined by the Compensation Committee, the rTSRU settled into 4,987 shares of Enanta common stock on February 12, 2026.
Were Brendan Luu’s ENTA transactions open-market purchases or sales?
The transactions were equity awards and tax withholding, not open-market trades. Shares were acquired at $0 per share via vested PSUs and rTSRUs, while 3,257 shares were automatically forfeited at $14.25 per share to satisfy tax obligations.