Structure Therapeutics Form 4: CSO Retains 204,327 Shares After Withholding
Rhea-AI Filing Summary
Structure Therapeutics Inc. (GPCR) reporting person Lin Xichen, who serves as Chief Scientific Officer and a director, disclosed a transaction on 07/01/2025 affecting her beneficial ownership. The filing shows 12,846 ordinary shares were disposed of through withholding to satisfy income tax obligations tied to the vesting of a restricted share unit award; the per‑share price reported for that disposition was $6.8366.
After the withholding transaction, Lin Xichen beneficially owns 204,327 ordinary shares, held directly. The filing notes that the company’s ordinary shares may be represented by ADSs, with each ADS equal to three ordinary shares. The form is a routine Section 16 report itemizing an insider tax‑related share withholding.
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Insights
TL;DR: Routine insider tax withholding reduced shares by 12,846; remaining direct stake is 204,327 shares.
This Form 4 documents a standard tax withholding event tied to RSU vesting rather than an open‑market sale. The disposal of 12,846 ordinary shares at $6.8366 per share was executed to satisfy income tax obligations. The reporting person retains a material direct holding of 204,327 shares, which suggests continued alignment with shareholder interests. For investors, this is primarily administrative and not indicative of a change in insider conviction.
TL;DR: Disclosure is complete for a routine withholding; role as officer and director is reaffirmed.
The filing clearly identifies the reporting person as Chief Scientific Officer and director and provides the transaction date and mechanics (withholding to satisfy taxes on RSU vesting). The inclusion of ADS representation clarifies share class treatment. As a governance matter, timely Section 16 reporting and transparent explanation of the withholding support compliance standards; there is no evidence in the filing of discretionary insider selling beyond tax withholding.