GPCR CEO logs tax share withholding and trust holdings
Structure Therapeutics Inc. CEO Raymond C. Stevens reported mixed share movements related primarily to tax withholding and existing holdings.
Rhea-AI Filing Summary
Structure Therapeutics Inc. CEO Raymond C. Stevens reported mixed share movements related primarily to tax withholding and existing holdings. On March 3, 2026, 53,454 Ordinary Shares were disposed of at $20.99 per share, withheld by the company to satisfy income tax obligations tied to a restricted share unit vesting.
After this tax-withholding disposition, Stevens directly held 1,141,376 Ordinary Shares. Indirectly, 1,554,586 Ordinary Shares and 12,000 American Depositary Shares (ADSs) are held by the Stevens 2001 Revocable Trust, where Raymond Stevens and Vivian Urena-Stevens act as co-trustees.
The filing also notes an earlier non-cash acquisition on November 20, 2025, when Stevens was granted 824 ADSs at $0.0000 per ADS under the company’s Employee Share Purchase Plan, bringing that direct ADS position to 1,824 ADSs. Each ADS represents three Ordinary Shares and has no expiration date.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 53,454 | $20.99 | $1.12M |
| holding | American Depositary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| Grant/Award | American Depositary Shares | 824 | $0.00 | $0.00 |
Footnotes (5)
- F1. The Ordinary Shares of the Issuer may be represented by American Depositary Shares ("ADSs"). Each ADS represents three Ordinary Shares of the Issuer.
- F2. Represents shares withheld by the Issuer to satisfy income tax obligations associated with the vesting of a restricted share unit award.
- F3. By Raymond Stevens and Vivian Urena-Stevens, as Co-Trustees of the Stevens 2001 Revocable Trust, dated March 28, 2001.
- F4. Each ADS is convertible at any time, at the holder's election, into three Ordinary Shares of the Issuer. The ADSs have no expiration date.
- F5. Voluntary reporting of the acquisition of 824 ADSs by the Reporting Person on November 20, 2025 pursuant to the Issuer's Employee Share Purchase Plan.
FAQ
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