Neurogene (NGNE) CFO’s 2,558-share sale tied to mandatory RSU tax withholding
Rhea-AI Filing Summary
Neurogene Inc. President and CFO Christine Mikail Cvijic reported an open-market sale of 2,558 shares of common stock on March 26, 2026 at a weighted average price of $21.6247 per share. According to the disclosure, this sale was mandatory and executed by the company solely to cover her tax withholding obligation arising from the partial vesting of a Restricted Stock Unit (RSU) award, with no election made by her.
After this transaction, she directly holds 103,240 shares, which include multiple unvested RSU grants: 10,635 RSUs granted on March 13, 2024 that vest on March 13, 2027; 13,533 RSUs granted on March 26, 2025 that vest in equal annual installments on March 26, 2027 and March 26, 2028; and 22,000 RSUs granted on February 20, 2026 that vest in equal annual installments on February 20, 2027, February 20, 2028 and February 20, 2029. Of the remaining shares, 19,200 are held jointly with her spouse.
Positive
- None.
Negative
- None.
Insights
Small, mandatory tax-cover sale tied to RSU vesting; routine event.
The transaction shows Neurogene’s President and CFO had 2,558 shares sold at a weighted average of $21.6247 per share. Footnotes clarify the company automatically sold these shares to satisfy her tax withholding responsibility from an RSU vesting, without any trading decision by her.
This makes the transaction more of a mechanical payroll-like event than a discretionary sale. She retains 103,240 shares after the sale and significant unvested RSU grants—10,635, 13,533, and 22,000 units vesting through 2029—plus 19,200 shares held jointly with her spouse. The filing therefore suggests continued substantial equity exposure rather than a meaningful reduction in her stake.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,558 | $21.6247 | $55K |
Footnotes (1)
- On March 26, 2026, a Restricted Stock Unit ("RSU") held by the Reporting Person vested in part. The shares issuable on vesting of the RSU are reported as shares held by the Reporting Person. The award agreement for the RSU provides that the Registrant shall sell a number of shares necessary to cover the Reporting Person's tax withholding responsibility created by the vesting event, with no election made by the Reporting Person. The sales reported on this Form 4 relate exclusively to this mandatory sale upon vesting of the RSU. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.10 to $21.91, inclusive. The reporting person undertakes to provide Neurogene Inc. (the "Company"), any securityholder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Includes (a) 10,635 restricted stock units granted on March 13, 2024 that will vest on March 13, 2027; (b) 13,533 restricted stock units granted on March 26, 2025, which will vest annually in equal installments on March 26, 2027 and March 26, 2028; and (c) 22,000 restricted stock units granted on February 20, 2026, which will vest annually in equal installments on February 20, 2027, February 20, 2028 and February 20, 2029. Of the remaining shares, 19,200 are held jointly by the reporting person and her spouse, David Cvijic.
Key Figures
Key Terms
Restricted Stock Unit financial
weighted average price financial
tax withholding responsibility financial
vesting financial
unvested RSU grants financial
FAQ
What did Neurogene (NGNE) executive Christine Mikail Cvijic report in this Form 4?
What RSU grants for Neurogene (NGNE) does Christine Mikail Cvijic currently have outstanding?