Esperion Therapeutics (ESPR) CEO sells shares to pay RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Esperion Therapeutics’ President and CEO Sheldon L. Koenig reported an open-market sale of 25,578 shares of common stock at $2.719 per share. According to the disclosure, the shares were sold to satisfy tax obligations arising from vested restricted stock units.
After this transaction, Koenig directly holds 2,172,699 shares of Esperion Therapeutics common stock. This filing reflects a tax-related disposition rather than a discretionary reduction of his overall shareholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 25,578 shares ($69,547)
Net Sell
1 txn
Insider
Koenig Sheldon L.
Role
President and CEO
Sold
25,578 shs ($70K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 25,578 | $2.719 | $70K |
Holdings After Transaction:
Common Stock — 2,172,699 shares (Direct)
Footnotes (1)
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FAQ
What did Esperion Therapeutics (ESPR) CEO Sheldon Koenig report in this Form 4?
Sheldon Koenig reported selling 25,578 shares of Esperion common stock at $2.719 per share. The filing states the sale was conducted to cover tax obligations from recently vested restricted stock units.
Does this Esperion Therapeutics insider sale involve any derivative securities?
The reported transaction involves only common stock and no derivative securities. The filing also shows no remaining derivative positions in the derivative summary, emphasizing the event as a straightforward tax-related sale of common shares.