Seres officer sells 78 shares under 10b5-1 plan
Seres Therapeutics, Inc. officer Thomas DesRosier reported routine equity compensation activity and a small share sale.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 133 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 111 | $0.00 | $0.00 |
| Exercise | Common Stock | 244 | $0.00 | $0.00 |
| Sale | Common Stock | 78 | $8.47 | $660.66 |
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 2, 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 Thomas DesRosier report for Seres Therapeutics (MCRB)?
Were the Seres Therapeutics (MCRB) insider sales part of a 10b5-1 trading plan?
What do the restricted stock units in the Seres Therapeutics (MCRB) Form 4 represent?
How are the Seres Therapeutics (MCRB) restricted stock units scheduled to vest for this officer?
AI-generated analysis. How Rhea-AI works. Not financial advice.