[Form 4] Immunovant, Inc. Insider Trading Activity
Rhea-AI Filing Summary
On 10/08/2025, Chief Technology Officer Jay S. Stout reported the sale of 1,585 shares of Immunovant, Inc. (IMVT) common stock at a weighted average price of $16.3 per share. The shares sold were from the vesting and settlement of restricted stock units granted on 04/02/2024; 3,436 RSUs vested on 10/02/2025. The sale was executed as a mandatory "sell to cover" to satisfy tax withholding and was not a discretionary sale by the reporting person. After the reported transactions, the reporting person beneficially owned 203,334 shares.
Positive
- None.
Negative
- None.
Insights
TL;DR: A routine sell‑to‑cover disposed of 1,585 shares to satisfy tax withholding on vested RSUs.
The reporting person received 54,978 RSUs on 04/02/2024
but only 3,436 of those RSUs vested on 10/02/2025
The issuer requires a "sell to cover" method to fund taxes, so the 1,585 shares sold were used only to satisfy withholding obligations rather than as a voluntary liquidity event by the insider.
Key dependencies and near‑term items to watch include any future scheduled vesting dates for the remaining RSUs and whether additional mandatory withholding sales occur at those times; such transactions typically have limited informational value about management's view of the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,585 | $16.30 | $26K |
Footnotes (1)
- On April 2, 2024, the holder was granted 54,978 restricted stock units ("RSUs"), as previously reported on a Form 4 filed on April 4, 2024, of which 3,436 of these RSUs vested on October 2, 2025. 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. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.06 - $16.48 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.