Pliant Therapeutics (NASDAQ: PLRX) CFO share sale for tax withholding
Rhea-AI Filing Summary
Pliant Therapeutics’ Chief Financial Officer Keith Lamont Cummings reported an automatic sale of company stock. On January 20, 2026, a plan sold 24,002 shares of Common Stock on his behalf at a weighted average price of
The shares were sold by a broker over a price range of
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FAQ
What insider transaction did Pliant Therapeutics (PLRX) report in this Form 4?
The filing reports that Chief Financial Officer Keith Lamont Cummings had 24,002 shares of Pliant Therapeutics Common Stock sold on his behalf on January 20, 2026, under a nondiscretionary plan.
At what price were the Pliant Therapeutics (PLRX) shares sold by the CFO?
The Form 4 lists a weighted average sale price of
Why were Pliant Therapeutics (PLRX) shares sold for CFO Keith Cummings?
The filing explains that the sale was a nondiscretionary transaction under a Rule 10b5-1 plan, executed to satisfy withholding tax liabilities related to the vesting of previously granted restricted stock units.
How many Pliant Therapeutics (PLRX) shares does the CFO own after the reported sale?
After the reported transaction, Chief Financial Officer Keith Lamont Cummings beneficially owned 297,214 shares of Pliant Therapeutics Common Stock.
Does the Form 4 mention any shares acquired through an employee stock purchase plan at Pliant Therapeutics (PLRX)?
Yes. The footnotes state that the reported holdings include 1,958 shares of Common Stock acquired by the CFO through an Employee Stock Purchase Plan program.
Was the CFO’s Pliant Therapeutics (PLRX) sale discretionary or pre-planned?
The filing describes the transaction as a nondiscretionary sale by the plan on behalf of the reporting person, intended to comply with Rule 10b5-1 and cover tax withholding.