uniQure Director's Stock Sale Tied to RSU Tax Coverage, Not Strategic Exit
Rhea-AI Filing Summary
Director Madhavan Balachandran of uniQure reported a non-discretionary sale of 2,112 ordinary shares on June 20, 2025 at a weighted average price of $14.45 per share (range: $14.40-$14.50). The transaction was executed to cover estimated tax withholdings following the vesting of restricted share units, in accordance with automatic sale instructions in the Restricted Share Unit Agreement.
Following the reported transaction, Balachandran continues to hold 37,697 ordinary shares directly. The sale was conducted through a pre-arranged automatic selling plan and was not a discretionary trade by the reporting person.
- Transaction Code: S (Sale)
- Ownership Form: Direct (D)
- Transaction was executed pursuant to automatic sale instructions
- Filing was signed by Christian Klemt as Attorney-in-Fact on June 24, 2025
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,112 shares
Net Sell
1 txn
Insider
Balachandran Madhavan
Role
Director
Sold
2,112 shs ($31K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 2,112 | $14.45 | $31K |
Holdings After Transaction:
Ordinary Shares — 37,697 shares (Direct)
Footnotes (2)
- F1. The shares were sold upon the vesting of restricted share units solely to cover estimated withholding taxes, pursuant to automatic sale instructions included in the relevant Restricted Share Unit Agreement. The sale was not a discretionary trade by the Reporting Person.
- F2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $14.40 to $14.50. The Reporting Person undertakes to provide to the Issuer, any shareholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
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FAQ
What is Balachandran Madhavan's role at QURE?
According to the Form 4 filing, Balachandran Madhavan serves as a Director of uniQure N.V.