[Form 4] Structure Therapeutics Inc. Insider Trading Activity
Coll Crespo Blas, Chief Medical Officer of Structure Therapeutics Inc. (GPCR), reported a change in beneficial ownership for ordinary shares on 09/18/2025. The filing shows 8,106 ordinary shares were disposed (D) at a reported price of $7.7433 per share. After the transaction the reporting person beneficially owned 216,807 ordinary shares. The filing explains the 8,106 shares represent shares withheld by the issuer to satisfy income tax obligations related to the vesting of a restricted share unit award. The form notes that the issuer’s ordinary shares may be represented by ADSs, with each ADS equal to three ordinary shares.
- Transaction identified as tax withholding for RSU vesting, indicating an administrative rather than discretionary market sale
- Reporting person retains significant ownership with 216,807 ordinary shares after the transaction
- Reduction in direct share count by 8,106 ordinary shares due to withholding
Insights
TL;DR: Routine insider withholding sale to cover taxes; not a market-disposition signal and ownership remains substantial.
The reported disposal of 8,106 ordinary shares at $7.7433 each is identified as shares withheld to satisfy income tax on vested RSUs, which typically indicates a non-discretionary transaction rather than an active sale. The reporting person continues to beneficially own 216,807 shares after the transaction, preserving vested equity exposure. This type of transaction usually has limited informational content about company prospects because it serves administrative tax purposes.
TL;DR: Administrative share withholding reported; disclosure aligns with Section 16 reporting requirements.
The Form 4 discloses a withholding event tied to RSU vesting, fulfilling Section 16 transparency for officers. The signature by an attorney-in-fact and the explanation that shares were withheld for tax obligations are consistent with standard practice. There is no indication of unreported related-party transactions or changes in role; the filing shows continued beneficial ownership, which supports governance continuity.