Metagenomi counsel auto-sells 358 shares for taxes
Metagenomi’s General Counsel had a small number of shares sold automatically to cover tax withholding from RSU vesting, leaving a six‑figure direct shareholding.
Rhea-AI Filing Summary
Metagenomi Therapeutics, Inc. (MGX) reported that officer Matthew Wein, the company’s General Counsel, Compliance Officer and Corporate Secretary, had 358 shares of common stock sold on September 8, 2026 at $1.1584 per share. The shares were automatically sold to satisfy tax withholding obligations upon vesting of restricted stock units and are stated not to be a volitional trade. Following this transaction, Wein held 126,133 shares of Metagenomi common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 358 shares
Net Sell
1 txn
Insider
Wein Matthew
Role
See Remarks
Sold
358 shs ($414.71)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 358 | $1.1584 | $414.71 |
Holdings After Transaction:
Common Stock — 126,133 shares (Direct)
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 each of April 1, 2024 and April 1, 2025, and does not represent a volitional trade by the Reporting Person.
Key Figures
Shares sold: 358 shares
Sale price per share: $1.1584 per share
Shares held after transaction: 126,133 shares
+2 more
5 metrics
Shares sold
358 shares
Common stock sold on September 8, 2026 to cover tax withholding
Sale price per share
$1.1584 per share
Price for the 358 shares of common stock sold on September 8, 2026
Shares held after transaction
126,133 shares
Direct holdings of Matthew Wein after the September 8, 2026 sale
RSU grant dates
April 1, 2024 and April 1, 2025
Restricted stock units whose vesting triggered the tax-related sale
Net shares sold
358 shares
Net change from insider transactions reported in this Form 4
Key Terms
restricted stock units, tax withholding obligations, volitional trade
3 terms
restricted stock units financial
"upon the vesting of certain restricted stock units granted to the Reporting Person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"automatically sold for the purpose of satisfying the Reporting Person's tax withholding"
volitional trade financial
"and does not represent a volitional trade by the Reporting Person"
FAQ
What insider transaction did MGX disclose for Matthew Wein on September 8, 2026?
Metagenomi Therapeutics (MGX) disclosed that officer Matthew Wein had 358 shares of common stock sold on September 8, 2026 at $1.1584 per share, with the transaction classified as a sale of non-derivative common stock.
Was the MGX insider transaction made under a Rule 10b5-1 trading plan?
No. The document-level indicator for Rule 10b5-1 plans is false, meaning the filing specifies that the transaction was not affirmed as made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.