[Form 4] 23andMe Holding Co. Insider Trading Activity
Rhea-AI Filing Summary
Joseph Anthony Selsavage, listed at C/O Chrome Holding Co., reported an insider sale on 08/20/2025. The Form 4 shows a Code F disposition of 5,232 shares of Class A Common Stock at $3.70 per share, leaving 86,163 shares beneficially owned. The filing is signed on behalf of Mr. Selsavage by an attorney-in-fact on 08/21/2025. The report indicates the seller is an officer with the title listed as CEO, CFO & CAO.
Positive
- Timely disclosure of the insider transaction with price, quantity and post-transaction ownership provided
- Complete reporting format including reporting person role and attorney-in-fact signature
Negative
- Officer sale of 5,232 Class A shares may be viewed negatively by some investors
- Form shows a reduction in beneficial ownership to 86,163 shares
Insights
TL;DR Insider officer sold a modest number of shares, reducing holdings to 86,163; transaction appears routine and disclosed promptly.
The sale of 5,232 Class A shares at $3.70 is recorded under Code F, indicating a sale by a person who was a reporting person at the time of the sale. The remaining beneficial ownership of 86,163 shares is disclosed. From an investor-impact perspective, the transaction is relatively small versus typical company floats, and the filing provides clear price, quantity and post-transaction ownership figures for transparency.
TL;DR Officer-level insider reported the sale promptly; Form 4 compliance is complete with signature via attorney-in-fact.
The Form 4 identifies the reporting person as an officer holding titles of CEO, CFO & CAO and includes an attorney-in-fact signature dated 08/21/2025. The use of Code F and inclusion of post-transaction ownership demonstrates adherence to Section 16 reporting requirements. The filing does not disclose any derivative transactions or additional conditions.