Lexeo Therapeutics (LXEO) COO reports stock award and small tax-related sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lexeo Therapeutics, Inc. chief operating officer Jose Manuel Otero reported two equity transactions in company common stock. On June 29, he received 12,060 shares at no cost as a grant or award, increasing his direct holdings. On July 1, he sold 4,666 shares at a weighted average price of $4.48 per share to cover tax obligations related to the release of performance Restricted Stock Units, according to the footnotes. After these transactions, he directly holds 137,482 shares, which include 100,621 RSUs, indicating the sale represents a small portion of his overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,666 shares ($20,904)
Net Sell
2 txns
Insider
Otero Jose Manuel
Role
Chief Operating Officer
Sold
4,666 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,666 | $4.48 | $21K |
| Grant/Award | Common Stock | 12,060 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 137,482 shares (Direct, null)
Footnotes (1)
- Represents a sale to cover tax obligations on the release of performance Restricted Stock Units ("RSUs"). This transaction was executed in multiple trades at prices ranging from $4.35 to $4.73. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price. Includes 100,621 RSUs. Each RSU represents a contingent right to receive one share of Common Stock of the Issuer.
Key Figures
Shares sold: 4,666 shares
Sale price: $4.48 per share
Awarded shares: 12,060 shares
+2 more
5 metrics
Shares sold
4,666 shares
Sale on July 1, 2026 to cover RSU tax obligations
Sale price
$4.48 per share
Weighted average sale price for 4,666 shares
Awarded shares
12,060 shares
Stock grant on June 29, 2026 at $0.00
Shares held after
137,482 shares
Direct common stock holdings following transactions
RSUs included
100,621 RSUs
RSUs included within total direct holdings after transactions
Key Terms
Restricted Stock Units, performance Restricted Stock Units, weighted average sale price
3 terms
Restricted Stock Units financial
"Represents a sale to cover tax obligations on the release of performance Restricted Stock Units ("RSUs")."
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.
performance Restricted Stock Units financial
"Represents a sale to cover tax obligations on the release of performance Restricted Stock Units ("RSUs")."
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
FAQ
What insider transactions did Lexeo Therapeutics (LXEO) report for Jose Manuel Otero?
Lexeo’s chief operating officer reported one equity grant and one share sale. He received 12,060 shares as a stock award, then sold 4,666 shares mainly to cover tax obligations on performance RSU vesting.
What new equity award did the Lexeo Therapeutics (LXEO) COO receive?
He received 12,060 shares of common stock as a grant or award at zero cost. This award increased his direct ownership and forms part of his overall equity-based compensation at Lexeo Therapeutics.
What are RSUs in the context of Lexeo Therapeutics (LXEO) insider holdings?
Restricted Stock Units, or RSUs, are promises to deliver shares in the future if conditions are met. The COO’s position includes 100,621 RSUs, each representing a contingent right to receive one share of Lexeo common stock upon vesting.