Seres Therapeutics officer trades RSU shares for taxes
Seres Therapeutics, Inc. officer Matthew R. Henn reported RSU vesting and related share movements.
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Rhea-AI Filing Summary
Seres Therapeutics, Inc. officer Matthew R. Henn reported RSU vesting and related share movements. On February 15, 2026, he acquired 141 and 98 shares of common stock through the exercise and settlement of restricted stock units, plus another 239 shares, and then sold 89 common shares at $8.47 per share. The sale was made under a pre-arranged Rule 10b5-1 instruction adopted on April 13, 2023, solely to cover taxes triggered by the RSU vesting. Following these transactions, he directly held 7,677 common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 141 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 98 | $0.00 | $0.00 |
| Exercise | Common Stock | 239 | $0.00 | $0.00 |
| Sale | Common Stock | 89 | $8.47 | $753.83 |
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
- F2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 instruction adopted by the reporting person on April 13, 2023, solely with the intent to cover taxes in connection with the vesting of the restricted stock units.
- F3. The restricted stock units vested and settled as to 25% of the restricted stock units on February 15, 2024. The remainder of the restricted stock units have vested and settled or will vest and settle in 12 equal quarterly installments thereafter. The restricted stock units have no expiration date.
- F4. The restricted stock units vested and settled as to 25% of the restricted stock units on February 15, 2025. The remainder of the restricted stock units have vested and settled or will vest and settle in 12 equal quarterly installments thereafter. The restricted stock units have no expiration date.
FAQ
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What insider transactions did MCRB officer Matthew R. Henn report?
What is the vesting schedule for the reported Seres Therapeutics restricted stock units?
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