[Form 4] Esperion Therapeutics, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Esperion Therapeutics CFO Benjamin Halladay reported a sale and recent employee-plan purchase on Form 4. On 09/17/2025 he disposed of 7,046 shares of Esperion common stock at a price of $2.808 per share to satisfy tax obligations tied to vested restricted stock units. Following the reported transactions, Mr. Halladay beneficially owns 474,862 shares, which the filing notes includes 7,446 shares recently acquired through Esperion's Employee Stock Purchase Plan. The filing was signed by power of attorney on 09/18/2025.
Positive
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Negative
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Insights
TL;DR: Insider sale to cover taxes plus ESPP purchase left the CFO with 474,862 shares; routine disclosure with limited market impact.
The Form 4 discloses a common pattern: an insider sold 7,046 shares at $2.808 to satisfy tax obligations from vested restricted stock units while also participating in the company's ESPP, adding 7,446 shares. The net effect on total beneficial ownership is explicitly stated as 474,862 shares. This filing reports execution details and ownership counts without additional context such as a change in long-term holdings, option exercises, or derivative activity. For investors, the document provides clear transactional mechanics but no new operational or financial information about the company.
TL;DR: Disclosure follows Section 16 requirements; transactions are routine and properly reported by POA.
The report identifies the reporting person, relationship (Chief Financial Officer), transaction dates, quantities, prices, and the stated reason for the sale (tax withholding on vested RSUs). It also discloses ESPP acquisitions included in the post-transaction beneficial ownership total. The filing bears a signature executed by power of attorney, which is noted on the form. There are no indications of late reporting, unexplained transfers, or derivative transactions in this submission.