MiNK Therapeutics CEO Jennifer Buell sells 6,938 shares
The 2023 award was adjusted from 695,750 to 69,573 RSUs to reflect MiNK's 1-for-10 reverse stock split on January 28, 2025.
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Rhea-AI Filing Summary
MiNK Therapeutics, Inc. CEO and director Jennifer Buell converted 23,191 restricted stock units into 23,191 common shares on October 11, 2026, then sold 6,938 common shares on October 12 at a weighted average of $10.56 per share. The sale was solely to satisfy tax withholding obligations incurred upon vesting; trade prices ranged from $10.33 to $10.61. The reported remaining position was 46,382 RSUs, and no Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2, F3 | 6,938 | $10.56 | $73K |
| Exercise | Restricted Stock Units F1, F4 | 23,191 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 23,191 | -- | -- |
Footnotes (4)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of MiNK Therapeutics, Inc. (the "Company").
- F2. Represents sales of shares, as a consequence of the vesting of restricted stock units, solely to satisfy tax withholding obligations incurred upon vesting.
- F3. Represents a weighted average price. The shares were sold in multiple transactions at prices ranging from $10.33 to $10.61. The reporting person undertakes to provide to the Company, any shareholder of the Company, 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.
- F4. On October 11, 2023 the reporting person was granted RSUs under the Company's 2021 Equity Incentive Plan, vesting in three substantially equal annual installments on each of the third, fourth and fifth anniversaries of the grant date. This award was previously reported as covering 695,750 RSUs but was adjusted to 69,573 RSUs to reflect the 1-for-10 reverse stock split (rounding) that occurred on January 28, 2025.
Key Figures
Key Terms
restricted stock unit financial
weighted average price financial
tax withholding obligations financial
reverse stock split financial
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