IGM Bio Chief Executive's Stock Sale Tied to RSU Tax Coverage
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IGM Biosciences Chief Executive Officer and Director Mary Beth Harler reported a Form 4 filing on June 28, 2025, disclosing a transaction that occurred on June 16, 2025.
Key transaction details:
- Sold 1,522 shares of Common Stock at a weighted average price of $1.1992 per share
- The sale was specifically to cover tax withholding obligations related to the vesting of restricted stock units
- Following the transaction, Harler maintains direct beneficial ownership of 338,181 shares
The transaction was executed through multiple trades with prices ranging from $1.17 to $1.22 per share. The filing was signed by Misbah Tahir via power of attorney on June 20, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,522 shares ($1,825)
Net Sell
1 txn
Insider
Harler Mary Beth
Role
Chief Executive Officer
Sold
1,522 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,522 | $1.1992 | $2K |
Holdings After Transaction:
Common Stock — 338,181 shares (Direct)
Footnotes (1)
- These shares were sold to cover tax withholding obligations in connection with the vesting of restricted stock units. This transaction was executed in multiple trades at prices ranging from $1.17 to $1.22. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer full information regarding the number of shares sold at each separate sale price.
FAQ
What positions does Mary Beth Harler hold at IGM Biosciences (IGMS)?
Mary Beth Harler serves as both Chief Executive Officer and Director at IGM Biosciences, as indicated in the Form 4 filing.