Maravai CEO has 29K shares withheld for taxes
CEO Bernd Brust reported tax-related share withholding tied to RSU vesting, with over 2 million MRVI shares still held directly and through a trust.
Rhea-AI Filing Summary
MARAVAI LIFESCIENCES HOLDINGS, INC. (MRVI) disclosed that Chief Executive Officer and director Bernd Brust had 29,250 shares of Class A Common Stock withheld on September 8, 2026 to pay tax liabilities arising from the vesting of restricted stock unit awards, at a value of $7.32 per share. After this tax-withholding event, he held 1,561,249 Class A shares directly and 466,771 Class A shares indirectly through The Bernd Brust Management Trust. No transactions were reported under a Rule 10b5-1 trading plan.
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Insights
Analyzing...
Insider Trade Summary
Tax Withholding: 29,250 shares
Tax Withholding
2 txns
Insider
Brust Bernd
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 29,250 | $7.32 | $214K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,561,249 shares (Direct);
Class A Common Stock — 466,771 shares (Indirect, The Bernd Brust Management Trust)
Footnotes (1)
- F1. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock unit awards held by the reporting person.
Key Figures
Shares withheld for taxes: 29,250 shares
Per-share value for withheld shares: $7.32 per share
Direct holdings after transaction: 1,561,249 shares
+2 more
5 metrics
Shares withheld for taxes
29,250 shares
Class A Common Stock withheld on September 8, 2026 for tax obligations on RSU vesting
Per-share value for withheld shares
$7.32 per share
Value used for the 29,250 shares withheld to satisfy tax withholding obligations
Direct holdings after transaction
1,561,249 shares
Class A Common Stock directly held by Bernd Brust following the September 8, 2026 withholding
Indirect holdings after transaction
466,771 shares
Class A Common Stock held indirectly through The Bernd Brust Management Trust
Total shares involved in tax-withholding event count
1 transaction, 29,250 shares
Payment of tax liability by delivering or withholding securities on September 8, 2026
Key Terms
restricted stock unit awards, tax withholding obligations, indirectly
3 terms
restricted stock unit awards financial
"in connection with the vesting of restricted stock unit awards held by the reporting person"
Restricted stock unit awards are company promises to deliver a specific number of shares to employees or service providers in the future once conditions—such as staying with the company for a set time or meeting performance targets—are met. They matter to investors because when the promises convert into actual shares they increase the total share count and can reduce earnings per share, while also aligning recipients’ interests with stock performance much like deferred pay that turns into ownership if goals are met.
tax withholding obligations financial
"Represents shares withheld to satisfy tax withholding obligations in connection with the vesting"
indirectly financial
"466,771 Class A shares indirectly through The Bernd Brust Management Trust"
FAQ
What insider transaction did MRVI CEO Bernd Brust report on September 8, 2026?
He reported that 29,250 shares of Maravai Lifesciences Class A Common Stock were withheld on September 8, 2026 to satisfy tax withholding obligations in connection with vesting restricted stock unit awards.
Was the September 8, 2026 MRVI insider transaction an open-market sale?
No. The filing states the 29,250 shares were withheld to satisfy tax withholding obligations related to vesting restricted stock unit awards, not sold in an open-market transaction.
What are CEO Bernd Brust’s indirect holdings of MRVI stock?
In addition to his direct holdings, Bernd Brust reported 466,771 shares of Maravai Lifesciences Class A Common Stock held indirectly through The Bernd Brust Management Trust.
Was the MRVI insider transaction made under a Rule 10b5-1 trading plan?
No. The filing indicates that the transactions reported for Bernd Brust were not made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.