ImmunityBio CFO reports RSU vesting and share withholding
ImmunityBio, Inc. Chief Financial Officer David C. Sachs reported RSU vesting and related share withholding.
Rhea-AI Filing Summary
ImmunityBio, Inc. Chief Financial Officer David C. Sachs reported RSU vesting and related share withholding. On February 10, 2026, 82,236 restricted stock units converted into 82,236 shares of common stock at an exercise price of $0, increasing his directly held common stock to 322,818 shares.
On the same date, 42,643 common shares were disposed of at $6.93 per share to cover tax obligations tied to the RSU vesting, leaving him with 280,175 common shares held directly after these transactions. Following the vesting, he also held 164,474 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 82,236 | $0.00 | $0.00 |
| Exercise | Common Stock | 82,236 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 42,643 | $6.93 | $296K |
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of ImmunityBio, Inc. (the "Issuer") common stock.
- F2. On February 10, 2026, the reporting person's RSUs vested. The closing price of the Issuer's common stock on February 9, 2026 was the settlement price used to calculate the shares withheld.
- F3. Subject to the reporting person's continuing to be a Service Provider (as defined in the Issuer's Amended and Restated 2015 Equity Incentive Plan) through each applicable vesting date, 33.33% of the shares subject to the RSU award shall vest in equal annual installments on each of the first and second anniversaries of the vesting commencement date and 33.34% of the shares subject to the RSU award shall vest on the third anniversary of the vesting commencement date, such that all shares shall be fully vested on the third anniversary of the vesting commencement date. The vesting commencement date for this RSU award is February 10, 2025.
FAQ
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What insider transaction did ImmunityBio (IBRX) report for CFO David C. Sachs?
What triggered the ImmunityBio (IBRX) RSU vesting reported on February 10, 2026?
How do the ImmunityBio (IBRX) RSUs held by the CFO vest over time?
What does each ImmunityBio (IBRX) restricted stock unit represent in this Form 4?
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