Lexeo CEO sells shares to cover RSU tax
Lexeo Therapeutics, Inc. Chief Executive Officer Richard Nolan Townsend reported an open-market sale of 3,342 shares of common stock at a weighted average price of $5.0649 per share on May 18, 2026.
Rhea-AI Filing Summary
Lexeo Therapeutics, Inc. Chief Executive Officer Richard Nolan Townsend reported an open-market sale of 3,342 shares of common stock at a weighted average price of $5.0649 per share on May 18, 2026. The footnotes state this sale was made to cover tax obligations arising from the release of restricted stock units, indicating it was a tax-related transaction rather than a discretionary portfolio move. Following the sale, he directly holds 336,764 shares of Lexeo common stock, which includes 252,130 restricted stock units.
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Insights
CEO’s small Lexeo share sale is tax-driven and routine.
The CEO of Lexeo Therapeutics, Richard Nolan Townsend, sold 3,342 shares of common stock at a weighted average price of $5.0649 per share. The filing specifies this was to cover tax obligations from the release of restricted stock units, a common administrative event tied to equity compensation.
After the transaction, he still holds 336,764 shares, including 252,130 restricted stock units, so the sale represents a small portion of his overall stake. Because the purpose is tax withholding rather than a discretionary reduction in exposure, the informational value of this sale for assessing sentiment toward the stock is limited.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,342 | $5.0649 | $17K |
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 $5.03 to $5.11. 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 252,130 Restricted Stock Units.
Key Figures
Key Terms
Restricted Stock Units financial
open-market sale financial
weighted average sale price financial
tax obligations financial
FAQ
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What did Lexeo Therapeutics (LXEO) CEO report in the latest Form 4?
Are restricted stock units included in the Lexeo Therapeutics (LXEO) CEO’s reported holdings?
Was the Lexeo Therapeutics (LXEO) CEO’s Form 4 sale a typical open-market sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.