Praxis Precision Medicines (PRAX) GC has 768 shares withheld for taxes
Rhea-AI Filing Summary
Praxis Precision Medicines officer reports tax-related share withholding. General Counsel and Secretary Alex Nemiroff reported that on 01/12/2026, 768 shares of Praxis Precision Medicines common stock were withheld by the company at a price of $275.74 per share. According to the footnote, these shares were withheld by the issuer to cover tax obligations arising from the vesting of previously reported restricted stock units, rather than sold in an open-market transaction. After this withholding, Nemiroff directly beneficially owns 25,932.667 shares of Praxis common stock.
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FAQ
What insider transaction did PRAX General Counsel Alex Nemiroff report?
Alex Nemiroff, General Counsel and Secretary of Praxis Precision Medicines (PRAX), reported a transaction in which 768 shares of common stock were withheld by the company in connection with the vesting of previously reported restricted stock units.
Was the PRAX insider transaction an open-market sale of shares?
No. The filing states that the 768 shares were withheld by the issuer to satisfy tax withholding obligations tied to the vesting of restricted stock units, rather than sold on the open market.
How many PRAX shares does Alex Nemiroff own after this Form 4 transaction?
Following the reported tax withholding transaction, Alex Nemiroff beneficially owns 25,932.667 shares of Praxis Precision Medicines common stock, held in direct ownership.
What does transaction code "F" mean in this PRAX Form 4?
In this Form 4 for PRAX, transaction code "F" indicates that the reported shares were withheld by the issuer to cover tax obligations associated with the vesting of equity awards, specifically restricted stock units.
At what price were the withheld PRAX shares valued in the insider report?
The 768 Praxis Precision Medicines shares withheld for taxes in the transaction reported by Alex Nemiroff were valued at $275.74 per share in the filing.
What is Alex Nemiroff’s role at Praxis Precision Medicines (PRAX)?
According to the filing, Alex Nemiroff is an officer of Praxis Precision Medicines (PRAX) serving as General Counsel and Secretary, and is not listed as a director or 10% owner.