Fate Therapeutics (NASDAQ: FATE) CEO sells 5,190 shares for tax withholding
Rhea-AI Filing Summary
Fate Therapeutics President and CEO Bahram Valamehr reported the sale of 5,190 shares of the company’s common stock on January 9, 2026 at a weighted average price of $1.0708 per share. After this transaction, he beneficially owned 329,708 shares.
According to the filing, the shares were sold only in an amount required to cover tax withholding obligations arising from the vesting of 8,326 shares underlying previously granted RSUs. The sales were automatically executed under an irrevocable sell-to-cover election and were not made at his discretion.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,190 | $1.0708 | $6K |
Footnotes (1)
- Required number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of 8,326 shares of Common Stock underlying RSUs granted to the Reporting Person on January 25, 2022. 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 $1.055 to $1.085 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.
FAQ
What insider transaction did FATE Therapeutics (FATE) disclose?
The filing shows that President and CEO Bahram Valamehr sold 5,190 shares of Fate Therapeutics common stock on January 9, 2026 at a weighted average price of $1.0708 per share.
What role does the reporting person hold at Fate Therapeutics (FATE)?
The reporting person, Bahram Valamehr, is identified as both a Director and an Officer, serving as President and CEO of Fate Therapeutics.