Immunovant’s Jay S. Stout sells 2,595 shares for taxes
The shares were sold under Immunovant's required sell-to-cover process, rather than at the officer's discretion.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Immunovant, Inc. (IMVT) Chief Technology Officer Jay S. Stout sold 2,595 common shares on October 21, 2026, at a weighted average price of $28.94 per share; the transactions ranged from $28.31 to $29.15 per share. The sale funded tax withholding tied to settlement of 6,250 RSUs that vested October 17, 2026, under the issuer’s required sell-to-cover process, and was not discretionary. Stout directly held 198,937 shares after the sale. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 2,595 | $28.94 | $75K |
Footnotes (2)
- F1. On April 17, 2023, the holder was granted 100,000 restricted stock units ("RSUs"), as previously reported on a Form 4 filed on April 19, 2023, of which 6,250 of these RSUs vested on October 17, 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 $28.31 - $29.15 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 transaction financial
weighted average price financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many RSUs were granted to IMVT's CTO, and when did they vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.