Fate Therapeutics (NASDAQ: FATE) CLO sells 38,800 shares to cover taxes
Rhea-AI Filing Summary
Fate Therapeutics’ Chief Legal and Compliance Officer, Cindy Tahl, reported a sale of 38,800 shares of common stock on August 4, 2026 at a weighted average price of $2.4589 per share, with prices ranging from $2.415 to $2.540.
The shares were sold to cover tax withholding obligations in connection with the vesting of 75,000 shares of common stock underlying RSUs granted on July 29, 2024, through automatic “sell-to-cover” transactions executed under an irrevocable election and not at her discretion. After these transactions, she directly holds 589,355 shares of Fate Therapeutics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 38,800 shares
Net Sell
1 txn
Insider
TAHL CINDY
Role
See Remarks
Sold
38,800 shs ($95K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 38,800 | $2.4589 | $95K |
Holdings After Transaction:
Common Stock — 589,355 shares (Direct)
Footnotes (2)
- F1. Required number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of 75,000 shares of Common Stock underlying RSUs granted to the Reporting Person on July 29, 2024. These sales were automatically executed pursuant to an irrevocable election by the Reporting Person to satisfy tax withholding obligations through "sell-to-cover" transactions and were not made at the discretion of the Reporting Person.
- F2. Represents the weighted average sale price of the shares sold ranging from $2.415 to $2.540 per share. The Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.
Key Figures
Shares sold: 38,800 shares
Weighted average sale price: $2.4589 per share
Sale price range: $2.415–$2.540 per share
+2 more
5 metrics
Shares sold
38,800 shares
Sale of common stock on August 4, 2026 by Cindy Tahl
Weighted average sale price
$2.4589 per share
Weighted average price for the 38,800 shares sold
Sale price range
$2.415–$2.540 per share
Price range for shares included in the weighted average sale price
Shares held after transaction
589,355 shares
Direct Fate Therapeutics common stock holdings following the sale
RSU-related vesting shares
75,000 shares
Shares of common stock underlying RSUs whose vesting triggered the tax-withholding sale
Key Terms
sell-to-cover, RSUs, weighted average sale price, tax withholding obligations
4 terms
sell-to-cover financial
"through "sell-to-cover" transactions to satisfy tax withholding"
Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.
RSUs financial
"vesting of 75,000 shares of Common Stock underlying RSUs granted"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
weighted average sale price financial
"Represents the weighted average sale price of the shares"
tax withholding obligations financial
"shares sold by the Reporting Person to cover tax withholding obligations"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock sale did FATE report for executive Cindy Tahl?
Cindy Tahl, Fate Therapeutics’ Chief Legal and Compliance Officer, sold 38,800 shares of common stock on August 4, 2026 at a weighted average price of $2.4589 per share, with individual trade prices ranging from $2.415 to $2.540.
Was Cindy Tahl’s FATE stock sale discretionary trading?
No. The filing states the sales were automatically executed pursuant to an irrevocable sell-to-cover election to satisfy tax withholding obligations and were not made at the discretion of the reporting person, Cindy Tahl.