Intellia Therapeutics (NTLA) officer reports 2,989-share tax sell-to-cover trade
Rhea-AI Filing Summary
Intellia Therapeutics VP and Chief Accounting Officer Michael P. Dube reported a small insider stock sale linked to tax withholding. On January 5, 2026, he sold 2,989 shares of Intellia common stock at $9.21 per share, leaving him with 52,277 shares held directly after the transaction.
According to the footnote, this was a mandatory “sell-to-cover” transaction carried out to satisfy his tax withholding obligations arising from the vesting of restricted stock units (RSUs) on January 1, 2026. The disclosure states that this sale does not represent a voluntary trading decision by the reporting officer but an automatic sale tied to equity award taxation.
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FAQ
What insider transaction did Intellia Therapeutics (NTLA) report for Michael P. Dube?
Intellia Therapeutics reported that Michael P. Dube, its VP and Chief Accounting Officer, sold 2,989 shares of common stock on January 5, 2026 at $9.21 per share, leaving him with 52,277 shares held directly.
Was the Intellia (NTLA) insider stock sale by Michael P. Dube a discretionary trade?
No. The filing explains that the sale represents a mandatory “sell-to-cover” transaction to satisfy tax withholding obligations upon the vesting of RSUs on January 1, 2026 and does not represent a volitional trade by Michael P. Dube.
How many Intellia Therapeutics (NTLA) shares does Michael P. Dube hold after the reported sale?
After selling 2,989 shares, Michael P. Dube is reported to beneficially own 52,277 shares of Intellia common stock, held in direct ownership.
What role does Michael P. Dube hold at Intellia Therapeutics (NTLA)?
Michael P. Dube is identified as an officer of Intellia Therapeutics, serving as VP, Chief Accounting Officer, and he is not listed as a director or 10% owner.
What type of security was involved in the Intellia (NTLA) insider transaction on January 5, 2026?
The transaction involved Intellia Therapeutics common stock, with 2,989 shares sold at a price of $9.21 per share in a mandatory sell-to-cover sale.