Maravai Lifesciences (MRVI) CEO reports 29,250-share tax withholding event
Rhea-AI Filing Summary
MARAVAI LIFESCIENCES HOLDINGS, INC. Chief Executive Officer Bernd Brust reported routine equity compensation-related activity in Class A Common Stock. A total of 29,250 shares were withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock unit awards, a non-open-market, tax-related disposition. Following these transactions, Brust holds 1,619,749 Class A shares directly and 466,771 Class A shares indirectly through The Bernd Brust Management Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 29,250 shares
Net Sell
2 txns
Insider
Brust Bernd
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 29,250 | $5.92 | $173K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,619,749 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
Withholding price per share: $5.9200 per share
Direct holdings after transaction: 1,619,749 shares
+1 more
4 metrics
Shares withheld for taxes
29,250 shares
Class A Common Stock withheld to satisfy tax withholding obligations on RSU vesting
Withholding price per share
$5.9200 per share
Value used for the 29,250 Class A shares withheld for tax obligations
Direct holdings after transaction
1,619,749 shares
Class A Common Stock directly owned by Bernd Brust following the tax withholding
Indirect holdings after transaction
466,771 shares
Class A Common Stock held indirectly via The Bernd Brust Management Trust
Key Terms
restricted stock unit awards, tax withholding obligations, indirect ownership
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
"shares withheld to satisfy tax withholding obligations in connection with the vesting"
indirect ownership financial
"indirect" ownership type with nature of ownership The Bernd Brust Management Trust"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did MRVI CEO Bernd Brust report on this Form 4?
MRVI CEO Bernd Brust reported a tax-related disposition where 29,250 Class A shares were withheld to cover tax obligations from vesting restricted stock units, with no open-market sale involved.