LXEO files Form 144 for 1,115 vested shares sale via Fidelity on NASDAQ
Rhea-AI Filing Summary
Lexeo Therapeutics (LXEO) filing Form 144 to notify a proposed sale of 1,115 common shares through Fidelity Brokerage Services on 08/18/2025. The shares were acquired on 08/15/2025 upon restricted stock vesting from the issuer and the consideration is listed as compensation. The filing reports an aggregate market value of $5,205.04 for the shares and shows 54,001,214 shares outstanding, indicating the sale represents a very small fraction of the outstanding common stock. The filer certifies under the form that they are not aware of undisclosed material adverse information about the issuer.
Positive
- Disclosure compliance: Form 144 is filed with required details, indicating adherence to Rule 144 notification procedures
- Securities origin specified: Shares were acquired via restricted stock vesting and payment is listed as compensation, clarifying the source
- Immaterial size: 1,115 shares with aggregate value $5,205.04 versus 54,001,214 outstanding shares, indicating negligible dilution/market impact
Negative
- None.
Insights
TL;DR: Routine Rule 144 notice for vested restricted shares; appears procedural and compliant.
The filing documents a standard Rule 144 notice where restricted stock vested and the holder intends to sell 1,115 shares via a broker on a specified date. Required fields are completed: acquisition date, nature of acquisition (restricted stock vesting), payment nature (compensation), broker identity, proposed sale date, and aggregate market value. There is no reportable sale in the prior three months, and the filer affirms absence of undisclosed material adverse information. From a compliance perspective, this is a routine disclosure consistent with Rule 144 procedural requirements.
TL;DR: Transaction size is immaterial relative to outstanding shares; limited investor impact.
The notice shows the shares originated from issuer compensation and are to be sold through an established broker on NASDAQ. The aggregate value is $5,205.04 against 54,001,214 shares outstanding, making this sale immaterial to supply or market liquidity. No prior sales in the past three months are reported for the account. There is no disclosure in the filing of any adverse operational or financial developments.