Immunovant legal chief sells 2,846 shares for taxes
The 2,846-share sale was mandated to cover tax withholding after 6,872 restricted stock units vested.
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Rhea-AI Filing Summary
Immunovant, Inc. Chief Legal Officer Christopher Van Tuyl sold 2,846 shares of common stock on September 23, 2026, at a weighted average price of $36.36 per share, leaving him with 176,545 shares held directly. The sale was a sell-to-cover transaction mandated by the issuer to fund tax withholding tied to the vesting and settlement of 6,872 restricted stock units on September 16, 2026; the transaction was not discretionary. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 2,846 | $36.36 | $103K |
Footnotes (2)
- F1. On December 16, 2024, the holder was granted 109,956 restricted stock units ("RSUs"), as previously reported on a Form 4 filed on December 18, 2024, of which 6,872 of these RSUs vested on September 16, 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 $36.35 - $36.66 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
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