Disc Medicine CMO executes RSU tax share sale
Disc Medicine, Inc. Chief Medical Officer William Jacob Savage reported an open-market sale of 3,256 shares of common stock at $62.86 per share.
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Rhea-AI Filing Summary
Disc Medicine, Inc. Chief Medical Officer William Jacob Savage reported an open-market sale of 3,256 shares of common stock at $62.86 per share. According to the footnote, this was a non-discretionary “sell to cover” transaction to satisfy tax withholding obligations from vesting restricted stock units. After the sale, he directly owned 92,589 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,256 | $62.86 | $205K |
Footnotes (1)
- F1. This transaction represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of certain restricted stock units previously reported in Table I. This sale is a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Disc Medicine (IRON) report in this Form 4?
Was the IRON insider sale by William Jacob Savage a discretionary transaction?
Why did the Disc Medicine (IRON) CMO execute a sell-to-cover transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.