Praxis Precision Medicines (PRAX) CFO has 139 shares withheld for taxes
Rhea-AI Filing Summary
Praxis Precision Medicines, Inc. reported an insider equity transaction by its Chief Financial Officer, Kelly Timothy Edwin. On 01/07/2026, 139 shares of common stock were withheld by the company at a price of $292.63 per share to satisfy tax withholding obligations related to the vesting of previously reported restricted stock units. Following this tax-related withholding, the officer directly beneficially owned 24,524 shares of Praxis common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 139 | $292.63 | $41K |
Footnotes (1)
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FAQ
What insider transaction did Praxis Precision Medicines (PRAX) report in this Form 4?
The filing reports that Chief Financial Officer Kelly Timothy Edwin had 139 shares of Praxis common stock withheld on 01/07/2026. The shares were withheld by the issuer to cover tax withholding obligations arising from the vesting of previously reported restricted stock units.
Who is the reporting person in the Praxis Precision Medicines (PRAX) Form 4?
The reporting person is Kelly Timothy Edwin, who serves as the Chief Financial Officer of Praxis Precision Medicines, Inc., and is not listed as a director or 10% owner in this filing.
What does the transaction code "F" mean in the Praxis (PRAX) Form 4?
The transaction code "F" indicates that shares were withheld by the issuer to satisfy tax withholding obligations in connection with the vesting of equity awards, in this case previously reported restricted stock units.
Was the Praxis (PRAX) CFO’s Form 4 transaction an open market sale?
No. The Form 4 explains that the 139 shares were withheld by the issuer to cover tax withholding obligations tied to restricted stock unit vesting, rather than being sold in an open market transaction.