Fate Therapeutics (FATE) officer sells 25,590 shares in tax-related transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fate Therapeutics officer Cindy Tahl reported an open-market sale of 25,590 shares of common stock at a weighted average price of $1.879 per share. The company states the shares were sold solely to cover tax withholding on the vesting of 50,000 performance-based RSUs granted on July 29, 2024, under a pre-arranged sell-to-cover election rather than at her discretion.
After these tax-related sales, Tahl directly holds 628,155 shares of Fate Therapeutics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 25,590 shares ($48,084)
Net Sell
1 txn
Insider
TAHL CINDY
Role
See Remarks
Sold
25,590 shs ($48K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 25,590 | $1.879 | $48K |
Holdings After Transaction:
Common Stock — 628,155 shares (Direct, null)
Footnotes (1)
- Required number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of 50,000 shares of Common Stock underlying performance-based 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. Represents the weighted average sale price of the shares sold ranging from $1.835 to $1.935 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: 25,590 shares
Weighted average sale price: $1.879 per share
Post-transaction holdings: 628,155 shares
+2 more
5 metrics
Shares sold
25,590 shares
Open-market sale on 2026-05-20 to cover taxes
Weighted average sale price
$1.879 per share
Common stock sale on 2026-05-20
Post-transaction holdings
628,155 shares
Direct ownership after the tax-related sale
RSUs vested
50,000 shares
Performance-based RSUs vesting triggered tax withholding
Sale price range
$1.835–$1.935 per share
Range of individual trade prices within the transaction
Key Terms
sell-to-cover, performance-based RSUs, tax withholding obligations, weighted average sale price
4 terms
sell-to-cover financial
"through "sell-to-cover" transactions and were not made at the discretion"
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.
performance-based RSUs financial
"underlying performance-based RSUs granted to the Reporting Person on July 29, 2024"
Performance-based restricted stock units (RSUs) are promises to deliver company shares to employees only if the business meets specific goals, such as revenue, profit, stock-price targets, or strategic milestones. For investors, they matter because they change future share supply and align management incentives with company results—like a salesperson whose bonus only pays out when sales targets are hit—so they can affect earnings, dilution, and confidence in leadership.
tax withholding obligations financial
"shares sold by the Reporting Person to cover tax withholding obligations in connection"
weighted average sale price financial
"Represents the weighted average sale price of the shares sold ranging"
FAQ
What insider transaction did Fate Therapeutics (FATE) report for Cindy Tahl?
Fate Therapeutics reported that officer Cindy Tahl sold 25,590 shares of common stock. The sale was made at a weighted average price of $1.879 per share to cover tax withholding obligations tied to recently vested performance-based RSUs.