Lexeo (NASDAQ: LXEO) CEO sale covers RSU tax bill, keeps 374K shares
Rhea-AI Filing Summary
Lexeo Therapeutics, Inc. (LXEO) reported that Chief Executive Officer and director Richard Nolan Townsend sold 3,345 shares of Common Stock on 2026-08-18. The sale, at a weighted average price of $4.9512 per share (individual trades ranged from $4.83 to $5.01), was to cover tax obligations on the release of restricted stock units (RSUs). Following this transaction, he directly holds 374,472 shares of Lexeo common stock, which includes 242,911 RSUs.
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Insider Trade Summary
Net Seller: 3,345 shares
Net Sell
1 txn
Insider
Townsend Richard Nolan
Role
Chief Executive Officer
Sold
3,345 shs ($17K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 3,345 | $4.9512 | $17K |
Holdings After Transaction:
Common Stock — 374,472 shares (Direct)
Footnotes (3)
- F1. Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs").
- F2. This transaction was executed in multiple trades at prices ranging from $4.83 to $5.01. 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.
- F3. Includes 242,911 Restricted Stock Units.
Key Figures
Shares sold: 3,345 shares
Weighted average sale price: $4.9512 per share
Price range of trades: $4.83–$5.01 per share
+2 more
5 metrics
Shares sold
3,345 shares
Common Stock sold on 2026-08-18 to cover tax obligations on RSU release
Weighted average sale price
$4.9512 per share
Weighted average price for multiple trades executed between $4.83 and $5.01
Price range of trades
$4.83–$5.01 per share
Range of individual trade prices for the 3,345 shares sold
Shares owned after transaction
374,472 shares
Directly owned Common Stock by CEO following the 2026-08-18 sale
Restricted Stock Units included
242,911 RSUs
Number of RSUs included within the CEO’s post-transaction holdings
Key Terms
Restricted Stock Units, weighted average sale price, open market or private transaction
3 terms
Restricted Stock Units financial
"Includes 242,911 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.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
What insider transaction did LXEO report for CEO Richard Nolan Townsend?
Lexeo Therapeutics (LXEO) reported that CEO Richard Nolan Townsend sold 3,345 shares of Common Stock on 2026-08-18. The sale was to cover tax obligations arising from the release of restricted stock units, rather than a discretionary open-market reduction.
How many Restricted Stock Units does the LXEO CEO have included in his holdings?
The CEO’s post-transaction holdings of 374,472 shares include 242,911 Restricted Stock Units (RSUs). RSUs are contingent equity awards that typically convert into common stock upon meeting vesting or other specified conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.