OABI Form 4 reports multiple insider transactions
FOEHR MATTHEW W reported multiple insider transaction types in a Form 4 filing for OABI.
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Rhea-AI Filing Summary
FOEHR MATTHEW W reported multiple insider transaction types in a Form 4 filing for OABI. The filing lists transactions totaling 93,670 shares at a weighted average price of $1.70 per share. Following the reported transactions, holdings were 4,375,787 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,754 | $1.70 | $35K |
| Exercise | Restricted Stock Units | 36,458 | $0.00 | $0.00 |
| Exercise | Common Stock | 36,458 | $0.00 | $0.00 |
Footnotes (4)
- F1. Represents the vesting of an RSU grant which occurs in three substantially equal annual installments beginning on February 16, 2025.
- F2. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
- F3. Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of RSUs. These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell-to-cover" transaction and do not represent discretionary trades by the reporting person.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.68 to $1.79. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, 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.
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