Immunovant (IMVT) CTO sells 1,977 shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Immunovant Chief Technology Officer Jay S. Stout reported selling 1,977 shares of common stock at $26.03 per share. After this sale, he beneficially owns 197,634 shares directly.
The filing explains that this sale was not a discretionary trade. It was a mandated “sell to cover” transaction to satisfy tax withholding obligations arising from the vesting and settlement of restricted stock units. Of an earlier grant of 100,000 RSUs made on April 17, 2023, 6,250 RSUs vested on January 17, 2026, triggering the tax-related sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,977 shares ($51,461)
Net Sell
1 txn
Insider
Stout Jay S
Role
Chief Technology Officer
Sold
1,977 shs ($51K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,977 | $26.03 | $51K |
Holdings After Transaction:
Common Stock — 197,634 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Immunovant (IMVT) disclose in this Form 4?
The filing reports that Chief Technology Officer Jay S. Stout sold 1,977 shares of Immunovant common stock on January 21, 2026, at $26.03 per share.
What role does Jay S. Stout hold at Immunovant (IMVT)?
Jay S. Stout is identified as an officer of Immunovant, serving as the company’s Chief Technology Officer.