Seres Therapeutics (MCRB) officer trades RSUs and sells 75 shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 75 shares ($635)
Net Sell
4 txns
Insider
Young Teresa L.
Role
See Remarks
Sold
75 shs ($635.25)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 133 | $0.00 | -- |
| Exercise | Restricted Stock Units | 98 | $0.00 | -- |
| Exercise | Common Stock | 231 | $0.00 | -- |
| Sale | Common Stock | 75 | $8.47 | $635.25 |
Holdings After Transaction:
Restricted Stock Units — 531 shares (Direct);
Common Stock — 8,632 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. 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. 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. 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
What insider transactions did Seres Therapeutics (MCRB) report for Teresa L. Young?
Seres Therapeutics reported that officer Teresa L. Young exercised restricted stock units into 231 common shares and sold 75 common shares. The transactions occurred on February 15, 2026, and were reported on a Form 4 insider trading filing.
Were Teresa L. Young’s Seres Therapeutics (MCRB) stock sales under a Rule 10b5-1 plan?
Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 instruction adopted on March 5, 2023. The plan’s stated intent was solely to cover taxes arising from the vesting of restricted stock units.
What do the restricted stock units in the Seres Therapeutics (MCRB) Form 4 represent?
Each restricted stock unit represents a contingent right to receive one share of Seres Therapeutics common stock. The units vest over time, with initial 25% tranches vesting on February 15, 2024 and February 15, 2025, followed by 12 equal quarterly installments.
Were the Seres Therapeutics (MCRB) restricted stock units reported in the Form 4 subject to expiration?
The filing notes that the restricted stock units have no expiration date. They vest and settle according to specified schedules beginning February 15, 2024 and February 15, 2025, with remaining portions vesting in 12 equal quarterly installments thereafter.