Metagenomi CFO automatic sale of 1,581 shares
Metagenomi Therapeutics, Inc. Chief Financial Officer Pamela Wapnick reported an automatic sale of common stock related to tax withholding.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Metagenomi Therapeutics, Inc. Chief Financial Officer Pamela Wapnick reported an automatic sale of common stock related to tax withholding. On this transaction date, 1,581 shares of common stock were sold at $1.60 per share. According to the footnote, the shares were automatically sold to satisfy her tax withholding obligations upon the vesting of restricted stock units granted on April 1, 2024, and the transaction did not represent a voluntary trade. After this sale, Wapnick beneficially owned 187,375 shares of common stock directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,581 | $1.60 | $3K |
Footnotes (1)
- F1. These shares of common stock were automatically sold for the purpose of satisfying the Reporting Person's tax withholding obligations upon the vesting of certain restricted stock units granted to the Reporting Person on April 1, 2024, and does not represent a volitional trade by the Reporting Person.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Metagenomi Therapeutics (MGX) CFO Pamela Wapnick report on this Form 4?
Was the Metagenomi Therapeutics (MGX) CFO’s Form 4 trade a voluntary sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.