Structure Therapeutics (GPCR) CTO has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Structure Therapeutics Inc. Chief Technology Officer Ma Yingli reported a tax-related share disposition tied to vesting of a restricted share unit award. On this transaction date, 11,313 Ordinary Shares were withheld by the company at a price of $20.99 per share to cover income tax obligations. After this tax-withholding disposition, Ma Yingli directly owned 107,391 Ordinary Shares. The company notes that each American Depositary Share represents three Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ma Yingli
Role
CHIEF TECHNOLOGY OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 11,313 | $20.99 | $237K |
Holdings After Transaction:
Ordinary Shares — 107,391 shares (Direct)
Footnotes (1)
- The Ordinary Shares of the Issuer may be represented by American Depositary Shares ("ADSs"). Each ADS represents three Ordinary Shares of the Issuer. Represents shares withheld by the Issuer to satisfy income tax obligations associated with the vesting of a restricted share unit award.
FAQ
What insider transaction did Structure Therapeutics (GPCR) report for Ma Yingli?
Structure Therapeutics reported a tax-withholding disposition for Chief Technology Officer Ma Yingli. The company withheld 11,313 Ordinary Shares to satisfy income tax obligations arising from the vesting of a restricted share unit award, rather than an open market sale of shares.
Was the Structure Therapeutics (GPCR) Form 4 transaction an open market sale?
The Form 4 describes a tax-withholding disposition, not an open market sale. Shares were withheld by Structure Therapeutics to satisfy income tax obligations from the vesting of a restricted share unit award, using transaction code F for payment of tax liability with securities.