Metagenomi (NASDAQ: MGX) officer auto-sells 558 shares for RSU taxes
Rhea-AI Filing Summary
Metagenomi Therapeutics, Inc. officer Matthew Wein reported an automatic sale of 558 shares of common stock at $1.299 per share on June 5, 2026. The shares were sold solely to satisfy tax withholding obligations triggered by the vesting of restricted stock units and were not a voluntary trade.
After this transaction, Wein directly held 126,491 common shares, which includes 1,500 shares acquired through the company’s employee stock purchase plan on May 29, 2026.
Positive
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Negative
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Insider Trade Summary
Net Seller: 558 shares
Net Sell
1 txn
Insider
Wein Matthew
Role
See Remarks
Sold
558 shs ($724.84)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 558 | $1.299 | $724.84 |
Holdings After Transaction:
Common Stock — 126,491 shares (Direct)
Footnotes (2)
- 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.
- F2. Includes 1,500 shares acquired under the Company's employee stock purchase plan ("ESPP") on May 29, 2026.
Key Figures
Shares sold: 558 shares
Sale price: $1.299 per share
Shares held after: 126,491 shares
+1 more
4 metrics
Shares sold
558 shares
Automatic tax-withholding sale on June 5, 2026
Sale price
$1.299 per share
Price for 558-share sale on June 5, 2026
Shares held after
126,491 shares
Direct common stock holdings following the transaction
ESPP shares included
1,500 shares
Acquired under ESPP on May 29, 2026, included in holdings
Key Terms
restricted stock units, tax withholding obligations, employee stock purchase plan, open-market sale
4 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 obligations"
employee stock purchase plan financial
"Includes 1,500 shares acquired under the Company's employee stock purchase plan ("ESPP")"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Metagenomi (MGX) report for Matthew Wein?
Metagenomi reported that officer Matthew Wein had 558 common shares sold at $1.299 per share. The sale was automatic to cover tax withholding from restricted stock unit vesting and was not a discretionary open-market trade.
What role did Metagenomi’s employee stock purchase plan play in Matthew Wein’s holdings?
Footnotes state that Wein’s post-transaction holdings include 1,500 shares acquired through Metagenomi’s employee stock purchase plan on May 29, 2026. These ESPP shares are part of his total direct ownership of 126,491 common shares.