Generation Bio (NASDAQ: GBIO) CFO reports RSU vesting and tax share sale
Rhea-AI Filing Summary
Generation Bio Co.'s Chief Financial Officer, Kevin John Conway, reported routine equity compensation activity. On January 15, 2026, 59 restricted stock units converted into 59 shares of common stock, reflecting vesting of a prior equity grant. On the same date, 17 shares of common stock were disposed of at $5.64 per share in a transaction coded "F", which typically indicates shares withheld to cover taxes on the vesting event.
After these transactions, Conway beneficially owned 1,909 shares of common stock directly and 235 restricted stock units. The underlying grant of 9,390 restricted stock units was originally made on January 20, 2023 and vests over four years, with 25% having vested on January 15, 2024 and the remainder vesting in equal quarterly installments.
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FAQ
What insider transaction did GBIO's CFO report on January 15, 2026?
Generation Bio Co.'s CFO, Kevin John Conway, reported the vesting of 59 restricted stock units, which converted into 59 shares of common stock, and the disposition of 17 shares of common stock in a transaction coded "F" on January 15, 2026.
How many Generation Bio (GBIO) shares does the CFO own after this Form 4?
Following the reported transactions, the CFO beneficially owned 1,909 shares of common stock directly and 235 restricted stock units.
What do the 59 restricted stock units represent in the GBIO Form 4?
Each restricted stock unit represents the right to receive one share of Generation Bio's common stock. On January 15, 2026, 59 restricted stock units were settled into 59 common shares.
Why were 17 Generation Bio (GBIO) shares disposed of at $5.64?
The Form 4 reports a transaction coded "F" for 17 shares of common stock at $5.64 per share, which typically reflects shares withheld or sold to cover tax obligations related to the vesting of equity awards.
What is the vesting schedule for the CFO's 9,390 GBIO restricted stock units?
The grant of 9,390 restricted stock units was made on January 20, 2023. 25% of the shares vested on January 15, 2024, and the remaining units vest in equal quarterly installments over the rest of a four-year period.
Is the GBIO Form 4 transaction a direct or indirect holding by the CFO?
The reported holdings and transactions in this Form 4 are listed as direct ownership (D) by the CFO, with no separate indirect ownership entity noted.