Praxis CFO discloses tax share withholding
Praxis Precision Medicines, Inc. chief financial officer Kelly Timothy Edwin reported a Form 4 transaction involving company common stock.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 943 | $275.74 | $260K |
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 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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.