Mobix Labs CEO sells shares to cover taxes
Mobix Labs, Inc. director and Chief Executive Officer Philip Sansone reported selling 9,301 shares of Class A common stock on July 16, 2026 at a weighted average price of $1.8669 per share, leaving 166,130 shares held directly.
Rhea-AI Filing Summary
Mobix Labs, Inc. director and Chief Executive Officer Philip Sansone reported selling 9,301 shares of Class A common stock on July 16, 2026 at a weighted average price of $1.8669 per share, leaving 166,130 shares held directly. The sale was made under an irrevocable “sell to cover” election solely to satisfy tax withholding from restricted stock units vesting that day and is described as non-discretionary.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 9,301 | $1.8669 | $17K |
Footnotes (2)
- F1. The reported shares were sold solely to cover the Reporting Person's tax liability associated with the restricted stock units that vested on July 16, 2026. These sales were made pursuant to an irrevocable election by the Reporting Person to satisfy tax withholding obligations through "sell to cover" transactions and do not represent discretionary trades by the Reporting Person.
- F2. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction range from $1.85 to $1.875 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each separate price.
Key Figures
Key Terms
restricted stock units financial
"sell to cover" transactions financial
weighted average price financial
tax withholding obligations financial
FAQ
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What insider transaction did Mobix Labs (MOBX) disclose for CEO Philip Sansone?
Were the Mobix Labs (MOBX) CEO’s reported sales discretionary trades?
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