Praxis counsel has 768 shares withheld for taxes
Praxis Precision Medicines officer reports tax-related share withholding.
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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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 768 | $275.74 | $212K |
Footnotes (1)
- F1. Shares withheld by the Issuer to satisfy the tax withholding obligations in connection with the vesting of certain previously reported restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.