NMTC (NEUROONE) CTO reports tax-withholding stock disposition on Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NEUROONE MEDICAL TECHNOLOGIES Corp Chief Technology Officer Steve Mertens reported a Form 4 transaction involving company common stock. On this date, 7,376 shares were disposed of at a price of $0.68 per share as a tax-withholding disposition rather than an open-market sale. Following this transaction, Mertens directly owned 153,047 shares of NEUROONE MEDICAL TECHNOLOGIES Corp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mertens Steve
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 7,376 | $0.68 | $5K |
Holdings After Transaction:
Common Stock — 153,047 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did NMTC executive Steve Mertens report on this Form 4?
Steve Mertens reported a tax-related share disposition on this Form 4. He disposed of 7,376 shares of NEUROONE MEDICAL TECHNOLOGIES common stock to satisfy tax-withholding obligations, rather than selling shares in an open-market transaction.
Was the NMTC insider transaction by Steve Mertens a market sale or tax withholding?
The NMTC insider transaction was a tax-withholding disposition, not an open-market sale. The Form 4 describes it as payment of an exercise price or tax liability by delivering securities, coded as an “F” transaction under SEC rules.
What role does Steve Mertens hold at NEUROONE MEDICAL TECHNOLOGIES (NMTC)?
Steve Mertens serves as Chief Technology Officer at NEUROONE MEDICAL TECHNOLOGIES. His Form 4 filing reflects insider activity related to his equity compensation, specifically a tax-withholding disposition of common stock rather than a discretionary market trade.