Immunovant legal chief sells 1,327 shares for taxes
The sale funded tax withholding on vested RSUs under Immunovant's required sell-to-cover process, rather than being discretionary.
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Rhea-AI Filing Summary
Immunovant, Inc. Chief Legal Officer Christopher Van Tuyl sold 1,327 shares of common stock on October 7, 2026, at a weighted-average price of $32.06 per share; the shares were sold in multiple transactions at prices ranging from $31.58 to $32.30 per share. Immunovant required the sale to cover tax withholding obligations tied to RSU vesting and settlement, so it was not discretionary. After the sale, Van Tuyl directly held 175,218 shares. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,327 | $32.06 | $43K |
Footnotes (2)
- F1. On April 1, 2025, the holder was granted 50,787 restricted stock units ("RSUs"), as previously reported on a Form 4 filed on April 3, 2025, of which 3,174 of these RSUs vested on October 1, 2026. The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of these RSUs. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.58 - $32.30 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
Key Figures
Key Terms
restricted stock units financial
sell to cover financial
weighted average price financial
tax withholding obligations financial
FAQ
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How many RSUs vested for IMVT Chief Legal Officer Christopher Van Tuyl?
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