Planned tax sale by Seres Therapeutics (MCRB) officer after RSU vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Seres Therapeutics, Inc. officer Thomas DesRosier reported routine equity compensation activity and a small share sale. On February 15, 2026, he acquired common stock through the exercise and settlement of restricted stock units, then sold 78 shares of common stock at $8.47 per share. The sale was executed under a pre-arranged Rule 10b5-1 instruction adopted on March 2, 2023, solely to cover taxes tied to the restricted stock unit vesting. After these transactions, he continued to hold common stock and restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 78 shares ($661)
Net Sell
4 txns
Insider
DesRosier Thomas
Role
See Remarks
Sold
78 shs ($660.66)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 133 | $0.00 | -- |
| Exercise | Restricted Stock Units | 111 | $0.00 | -- |
| Exercise | Common Stock | 244 | $0.00 | -- |
| Sale | Common Stock | 78 | $8.47 | $660.66 |
Holdings After Transaction:
Restricted Stock Units — 531 shares (Direct);
Common Stock — 7,867 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 2, 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 Thomas DesRosier report for Seres Therapeutics (MCRB)?
Thomas DesRosier reported equity compensation activity and a small sale. He acquired common shares upon restricted stock unit settlement and sold 78 common shares at $8.47 per share on February 15, 2026, as disclosed in the Form 4 filing.
Were the Seres Therapeutics (MCRB) insider sales part of a 10b5-1 trading plan?
Yes. The filing states the sales were effected under a Rule 10b5-1 instruction adopted on March 2, 2023. The plan governed transactions executed solely to cover taxes from restricted stock unit vesting and settlement.
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 and settle in scheduled installments over time, with no expiration date, as described in the Form 4 footnotes.
How are the Seres Therapeutics (MCRB) restricted stock units scheduled to vest for this officer?
The restricted stock units vest and settle 25% on a specified February 15 date, then in 12 equal quarterly installments thereafter. The Form 4 notes separate schedules starting February 15, 2024 and February 15, 2025, with no expiration date for the units.