Generate Biomedicines director plans $521K sale
Director Frances Arnold files a Rule 144 notice to sell 32,210 GENB common shares originally received as restricted stock compensation.
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Rhea-AI Filing Summary
Generate Biomedicines, Inc. (GENB) is the issuer for which director Frances Arnold has filed a notice of proposed sale of common stock under Rule 144. The filing covers a planned sale of 32,210 shares of common stock, with an aggregate market value of $520,630.62, through Fidelity Brokerage Services LLC on NASDAQ around September 2, 2026.
The shares to be sold originated from restricted stock vesting from the issuer on September 23, 2020 as compensation. The notice also reports that Arnold sold 1,000 shares during the past three months for proceeds of $16,002.00. The form is signed by Joshua Schmitt as a duly authorized representative of Fidelity, acting as attorney-in-fact for Frances Arnold.
Key Figures
Key Terms
Rule 144 regulatory
restricted stock vesting financial
aggregate market value financial
attorney-in-fact regulatory
FAQ
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What does the Form 144 filing disclose about GENB director Frances Arnold?
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