Janux Therapeutics (JANX) officer auto-sells 4,059 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Janux Therapeutics, Inc. reported that Chief Corp. & Business Development Officer Janeen Noel Doyle disposed of 4,059 shares of common stock on June 2, 2026 at a weighted average price of $14.029 per share. According to the footnotes, these shares were automatically sold to cover tax withholding obligations tied to the vesting of restricted stock units, indicating a routine, non-discretionary transaction rather than an active portfolio decision. Following this sale, Doyle directly holds 75,941 shares of Janux Therapeutics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,059 shares ($56,944)
Net Sell
1 txn
Insider
Doyle Janeen Noel
Role
Chief Corp. & Bus. Dev. Ofcr
Sold
4,059 shs ($57K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,059 | $14.029 | $57K |
Holdings After Transaction:
Common Stock — 75,941 shares (Direct, null)
Footnotes (1)
- The shares were automatically sold to cover tax withholding obligations associated with the vesting of restricted stock units. The weighted average sale price for the transaction reported was $14.029 and the range of prices were between $13.96 and $14.03. Upon request by the SEC staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price will be provided.
Key Figures
Shares sold: 4,059 shares
Weighted average sale price: $14.029 per share
Post-transaction holdings: 75,941 shares
+1 more
4 metrics
Shares sold
4,059 shares
Common stock automatically sold on June 2, 2026
Weighted average sale price
$14.029 per share
Open-market sale to cover tax withholding
Post-transaction holdings
75,941 shares
Directly owned common stock after sale
Sale price range
$13.96–$14.03 per share
Range of individual sale prices within reported transaction
Key Terms
restricted stock units, tax withholding obligations, weighted average sale price, open-market sale
4 terms
restricted stock units financial
"associated with the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"automatically sold to cover tax withholding obligations"
weighted average sale price financial
"The weighted average sale price for the transaction reported was $14.029"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did JANX executive Janeen Noel Doyle report?
Janeen Noel Doyle reported selling 4,059 shares of Janux Therapeutics common stock. The shares were automatically sold on June 2, 2026 to cover tax withholding obligations associated with the vesting of restricted stock units, rather than as a discretionary open-market sale.
Was the JANX insider sale by Janeen Noel Doyle a discretionary trade?
The filing states the shares were automatically sold to cover tax withholding obligations from restricted stock unit vesting. This indicates a routine, mechanistic disposition tied to compensation, not a discretionary decision to reduce exposure in Janux Therapeutics stock.