Maravai LifeSciences (MRVI) GC has 31,902 shares withheld for taxes
Rhea-AI Filing Summary
Maravai LifeSciences Holdings, Inc. reported a routine insider tax-withholding transaction by its General Counsel, Kurt Oreshack. On 01/15/2026, 31,902 shares of Class A common stock were withheld at a price of $3.69 per share to cover tax obligations triggered by the vesting of restricted stock units held by the insider. After this withholding, Oreshack beneficially owned 424,967 shares of Class A common stock directly. The transaction reflects share withholding for taxes rather than an open-market sale.
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FAQ
What insider transaction did MRVI report for Kurt Oreshack on January 15, 2026?
Maravai LifeSciences Holdings, Inc. reported that General Counsel Kurt Oreshack had 31,902 shares of Class A common stock withheld on 01/15/2026 to satisfy tax withholding obligations related to vesting restricted stock units.
Was the MRVI insider transaction an open-market sale of shares?
No. The filing states that the 31,902 shares "represent shares withheld to satisfy tax withholding obligations" in connection with vesting restricted stock unit awards, meaning the shares were not sold in an open-market transaction.
How many MRVI shares does Kurt Oreshack own after this transaction?
Following the reported tax-withholding transaction, General Counsel Kurt Oreshack beneficially owned 424,967 shares of Maravai LifeSciences Holdings, Inc. Class A common stock directly.
What does transaction code "F" mean in the MRVI Form 4 filing?
Transaction code "F" in this context indicates shares were withheld by the issuer to pay tax withholding obligations upon the vesting of equity awards, rather than a discretionary purchase or sale in the market.
What is Kurt Oreshack’s role at Maravai LifeSciences Holdings, Inc.?
The reporting person, Kurt Oreshack, is an officer of Maravai LifeSciences Holdings, Inc., serving as General Counsel, according to the Form 4.
How is the price per share reported in the MRVI insider tax-withholding transaction?
The withheld shares are reported at a price of $3.69 per share, which is used to calculate the value of the 31,902 shares applied toward tax withholding on vested restricted stock units.