Praxis Precision Medicines (PRAX) GC reports 89-share tax withholding
Rhea-AI Filing Summary
Praxis Precision Medicines General Counsel and Secretary Alex Nemiroff reported an automatic share withholding related to equity compensation. On January 7, 2026, 89 shares of common stock were withheld by the company at a price of $292.63 per share to cover tax obligations tied to the vesting of previously reported restricted stock units. After this tax withholding event, Nemiroff beneficially owned 20,742.667 shares of Praxis Precision Medicines common stock, held directly.
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FAQ
What insider transaction did PRAX General Counsel Alex Nemiroff report?
Alex Nemiroff reported that 89 shares of Praxis Precision Medicines common stock were withheld by the company to satisfy tax withholding obligations on vested restricted stock units.
Was the PRAX Form 4 transaction an open-market sale of shares?
No. The Form 4 notes that the Code F transaction involved shares withheld by the issuer to cover tax withholding for vesting restricted stock units, not a discretionary open-market sale.
How many PRAX shares were withheld and at what price?
The filing reports that 89 shares of Praxis Precision Medicines common stock were withheld at a price of $292.63 per share to satisfy tax obligations.
How many Praxis Precision Medicines (PRAX) shares does Alex Nemiroff own after this transaction?
Following the reported tax withholding, Alex Nemiroff beneficially owned 20,742.667 shares of Praxis Precision Medicines common stock, reported as held directly.
What does transaction code "F" mean in the PRAX Form 4?
Transaction code "F" indicates shares were withheld by the issuer to satisfy tax withholding obligations in connection with the vesting of equity awards such as 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, serving as General Counsel and Secretary.