Vaxcyte (PCVX) CEO surrenders 3,685 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vaxcyte, Inc. director and chief executive officer Grant Pickering reported a tax-related share disposition. On March 9, 2026, he surrendered 3,685 shares of Common Stock at $59.32 per share to cover tax withholding obligations from vesting restricted stock units.
After this withholding event, he directly held 496,939 shares of Vaxcyte common stock. Additional shares are held indirectly through trusts for the benefit of his children, and the filing notes that no other common shares subject to a January 29, 2026 lock-up agreement were sold.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
PICKERING GRANT
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,685 | $59.32 | $219K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 496,939 shares (Direct);
Common Stock — 136,215 shares (Indirect, By Children's Trust)
Footnotes (1)
- Represents shares surrendered to the Issuer to cover applicable tax withholding obligations realized upon the vesting of RSUs. No other shares of common stock subject to the restrictions on transfer set forth in a Lock-Up Agreement dated January 29, 2026 were sold by the Reporting Person. Shares are held directly by a trust for the benefit of the Reporting Person's son. Shares are held directly by a trust for the benefit of the Reporting Person's daughter.