Intellia Therapeutics (NTLA) CSO logs 8,508-share sell-to-cover transaction
Rhea-AI Filing Summary
Intellia Therapeutics EVP and Chief Scientific Officer Birgit C. Schultes reported a mandatory tax-related stock sale. On January 5, 2026, she sold 8,508 shares of Intellia Therapeutics common stock at a price of $9.21 per share. A footnote explains this was a required “sell-to-cover” transaction to satisfy tax withholding obligations upon the vesting of restricted stock units on January 1, 2026, and not a voluntary trade. Following this transaction, she beneficially owned 98,533 shares of Intellia common stock, which include 925 and 932 shares acquired under the company’s 2016 Employee Stock Purchase Plan on June 30, 2025 and December 31, 2025, respectively.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,508 | $9.21 | $78K |
Footnotes (1)
- Represents a mandatory "sell-to-cover" transaction for the purpose of satisfying the reporting person's tax withholding obligation upon the vesting of RSUs on January 1, 2026, and does not represent a volitional trade by the Reporting Person. Includes 925 and 932 shares acquired under the Intellia Therapeutics, Inc. 2016 Employee Stock Purchase Plan on June 30, 2025 and December 31, 2025, respectively.
FAQ
What insider transaction did Intellia Therapeutics (NTLA) report for Birgit C. Schultes?
On January 5, 2026, EVP and Chief Scientific Officer Birgit C. Schultes reported the sale of 8,508 shares of Intellia Therapeutics common stock at $9.21 per share.
Was the NTLA insider sale by Birgit C. Schultes a discretionary trade?
No. A footnote states the sale was a mandatory "sell-to-cover" transaction to satisfy tax withholding obligations upon the vesting of RSUs on January 1, 2026, and it was not a volitional trade by the reporting person.
What is Birgit C. Schultes’s role at Intellia Therapeutics (NTLA)?
Birgit C. Schultes is an officer of Intellia Therapeutics, serving as EVP, Chief Scientific Officer, according to the filing.