Praxis Precision Medicines (PRAX) CFO reports 943-share tax withholding
Rhea-AI Filing Summary
Praxis Precision Medicines, Inc. chief financial officer Kelly Timothy Edwin reported a Form 4 transaction involving company common stock. On January 12, 2026, 943 shares of Praxis common stock were withheld by the issuer at a price of $275.74 per share to cover tax withholding obligations tied to the vesting of previously reported restricted stock units. After this tax-related withholding, Edwin beneficially owned 31,046 shares of Praxis common stock in direct ownership.
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FAQ
What insider transaction did Praxis Precision Medicines (PRAX) disclose in this Form 4?
The filing reports that chief financial officer Kelly Timothy Edwin had 943 shares of Praxis common stock withheld by the issuer on January 12, 2026 in connection with tax obligations on vested restricted stock units.
Was the Praxis (PRAX) CFO’s Form 4 transaction an open-market sale?
No. The footnote explains that the 943 shares were withheld by the issuer to satisfy tax withholding obligations related to vesting restricted stock units, rather than sold in an open-market transaction.
How many Praxis Precision Medicines shares were involved in the CFO’s January 12, 2026 transaction?
The Form 4 shows that 943 shares of common stock were used to cover tax withholding obligations tied to restricted stock unit vesting.
How many Praxis (PRAX) shares does the CFO hold after the reported Form 4 transaction?
Following the tax-related share withholding, chief financial officer Kelly Timothy Edwin beneficially owned 31,046 shares of Praxis common stock in direct ownership.
What role does the reporting person hold at Praxis Precision Medicines (PRAX)?
The reporting person, Kelly Timothy Edwin, serves as the company’s chief financial officer, as indicated in the Form 4.
What was the reported price per share for the Praxis (PRAX) tax withholding transaction?
The Form 4 lists a price of $275.74 per share for the 943 shares withheld to satisfy tax obligations related to restricted stock unit vesting.