Officer sells 75 Seres Therapeutics shares
Seres Therapeutics officer Teresa L. Young reported multiple Form 4 transactions involving restricted stock units and common stock.
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Rhea-AI Filing Summary
Seres Therapeutics officer Teresa L. Young reported multiple Form 4 transactions involving restricted stock units and common stock. She acquired 231 shares of common stock on February 15, 2026 through exercises of restricted stock units at $0.00 per share, then sold 75 common shares at $8.47 per share. The sale was executed under a pre-arranged Rule 10b5-1 instruction adopted on March 5, 2023 to cover taxes related to vesting of restricted stock units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 133 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 98 | $0.00 | $0.00 |
| Exercise | Common Stock | 231 | $0.00 | $0.00 |
| Sale | Common Stock | 75 | $8.47 | $635.25 |
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 March 5, 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Seres Therapeutics (MCRB) report for Teresa L. Young?
Were Teresa L. Young’s Seres Therapeutics (MCRB) stock sales under a Rule 10b5-1 plan?
What do the restricted stock units in the Seres Therapeutics (MCRB) Form 4 represent?
Were the Seres Therapeutics (MCRB) restricted stock units reported in the Form 4 subject to expiration?
AI-generated analysis. How Rhea-AI works. Not financial advice.