Praxis Precision (NASDAQ: PRAX) officer reports tax withholding shares
Rhea-AI Filing Summary
Praxis Precision Medicines, Inc. reported an insider equity transaction by its Principal Accounting Officer, Lauren Mastrocola. On January 7, 2026, 35 shares of Praxis 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, Mastrocola beneficially owns 10,406.656 shares of Praxis common stock directly.
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FAQ
What insider transaction did Praxis Precision Medicines (PRAX) report on January 7, 2026?
The company reported that Principal Accounting Officer Lauren Mastrocola had 35 shares of Praxis common stock withheld on January 7, 2026 at $292.63 per share to satisfy tax withholding obligations related to vesting restricted stock units.
Who is the reporting person in this Praxis Precision Medicines (PRAX) Form 4?
The reporting person is Lauren Mastrocola, who serves as Principal Accounting Officer of Praxis Precision Medicines, Inc.
Was the Praxis (PRAX) insider transaction an open-market sale?
No. The Form 4 explains that the 35 shares were withheld by the issuer to satisfy tax withholding obligations arising from the vesting of previously reported restricted stock units, rather than sold in an open-market trade.
How many Praxis (PRAX) shares does the insider beneficially own after this transaction?
Following the reported tax withholding transaction, Principal Accounting Officer Lauren Mastrocola beneficially owns 10,406.656 shares of Praxis common stock directly.
Does this Praxis (PRAX) Form 4 show the insider as a 10% owner?
No. The Form 4 indicates that Lauren Mastrocola is an officer (Principal Accounting Officer) and not a 10% owner of Praxis Precision Medicines, Inc.
What is the transaction code used in this Praxis (PRAX) Form 4 filing and what does it signify?
The transaction uses code F, which in this context is associated with shares withheld by the issuer to cover tax obligations when restricted stock units vest.