Iovance Biotherapeutics (IOVA) COO logs RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IOVANCE BIOTHERAPEUTICS, INC. Chief Operating Officer Igor Bilinsky reported equity award activity tied to restricted stock units. On March 2, 2026, RSUs covering 8,790 and 3,517 shares vested and were converted into common stock at no cash exercise price. This resulted in the issuance of 12,307 shares of common stock. Separately, 6,903 shares of common stock were withheld by the company to cover mandatory tax obligations upon vesting, which the filing notes was not an open market sale. After these transactions, Bilinsky directly owned 111,148 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
12,307 shares exercised/converted
Mixed
4 txns
Insider
BILINSKY IGOR
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,790 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,517 | $0.00 | -- |
| Exercise | Common Stock | 12,307 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,903 | $3.79 | $26K |
Holdings After Transaction:
Restricted Stock Units — 35,159 shares (Direct);
Common Stock — 118,051 shares (Direct)
Footnotes (1)
- Represents such shares underlying the restricted stock units ("RSUs") which vested on the transaction date. Represents shares withheld by the Issuer to satisfy the mandatory tax withholding requirements upon vesting of the RSUs. This is not an open market sale of securities. Represents common stock remaining after deducting the common stock withheld for taxes. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The remaining RSUs will vest in equal quarterly installments. Such aggregate number reflects the remainder of such RSUs granted on March 1, 2024, but does not include any other RSUs held by such Reporting Person. Such aggregate number reflects the remainder of such RSUs granted on March 2, 2023, but does not include any other RSUs held by such Reporting Person.
FAQ
What insider transactions did IOVANCE BIOTHERAPEUTICS (IOVA) report for Igor Bilinsky?
The filing shows Igor Bilinsky had restricted stock units vest and convert into 12,307 common shares, with 6,903 shares withheld to cover taxes. These transactions reflect equity compensation activity, not open market buying or selling of Iovance Biotherapeutics stock.
What restricted stock unit activity was disclosed for IOVANCE BIOTHERAPEUTICS (IOVA)?
Restricted stock units covering 8,790 and 3,517 shares vested for COO Igor Bilinsky on March 2, 2026. Each RSU equals one common share, so these vestings converted into common stock as part of his compensation, without an open market purchase of additional Iovance Biotherapeutics shares.
How were taxes handled on Igor Bilinsky’s RSU vesting at IOVANCE BIOTHERAPEUTICS?
To satisfy mandatory tax withholding on the RSU vesting, 6,903 shares of Iovance Biotherapeutics common stock were withheld by the company. The disclosure emphasizes this was solely for tax withholding and does not represent an open market sale transaction by Bilinsky.