Immunovant COO sells 2,241 shares to cover taxes
The sale funded tax withholding after restricted stock units vested and was required by Immunovant's sell-to-cover election.
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Rhea-AI Filing Summary
Immunovant, Inc. (IMVT) Chief Operating Officer Melanie Gloria sold 2,241 shares of common stock on October 7, 2026, at a weighted average price of $32.06 per share. The shares were sold to cover tax withholding tied to 4,761 RSUs that vested October 1, 2026; Immunovant required the sell-to-cover transaction, which was not discretionary. Gloria directly held 217,060 shares afterward.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 2,241 | $32.06 | $72K |
Footnotes (2)
- F1. On April 1, 2025, the holder was granted 76,181 restricted stock units ("RSUs"), as previously reported on a Form 4 filed on April 3, 2025, of which 4,761 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
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