Metagenomi Therapeutics (MGX) insider auto-sells shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Metagenomi Therapeutics, Inc. officer Matthew Wein reported an automatic sale of common stock related to equity compensation. On March 5, 2026, 482 shares of common stock were sold at $1.60 per share to satisfy tax withholding obligations upon the vesting of restricted stock units granted on April 1, 2024 and April 1, 2025. The filing notes this was not a volitional trade by the reporting person. Following this transaction, Wein beneficially owned 114,549 shares of Metagenomi Therapeutics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 482 shares ($771)
Net Sell
1 txn
Insider
Wein Matthew
Role
See Remarks
Sold
482 shs ($771.20)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 482 | $1.60 | $771.20 |
Holdings After Transaction:
Common Stock — 114,549 shares (Direct)
Footnotes (1)
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FAQ
What did Metagenomi Therapeutics (MGX) insider Matthew Wein report on this Form 4?
Matthew Wein reported an automatic sale of 482 shares of Metagenomi Therapeutics common stock. The shares were sold at $1.60 each to cover tax withholding triggered by vesting restricted stock units, and he continued to hold 114,549 shares afterward.
Was the Metagenomi Therapeutics (MGX) insider sale a discretionary trade?
No, the filing states the sale was not a volitional trade by the reporting person. The 482 shares were automatically sold solely to satisfy tax withholding obligations arising from the vesting of restricted stock units granted on April 1, 2024 and April 1, 2025.