Rapport COO sells shares to cover RSU taxes
Rapport Therapeutics, Inc. Chief Operating Officer Cheryl Gault reported an open-market sale of 2,014 shares of common stock at a weighted average price of $28.93 per share.
Rhea-AI Filing Summary
Rapport Therapeutics, Inc. Chief Operating Officer Cheryl Gault reported an open-market sale of 2,014 shares of common stock at a weighted average price of $28.93 per share. According to the filing, the shares were sold solely to satisfy taxes from the vesting of a previously granted restricted stock unit award and did not represent a discretionary trade. After this transaction, she directly holds 169,914 shares of common stock. The sales occurred in multiple trades at prices ranging from $28.34 to $28.94.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,014 | $28.93 | $58K |
Footnotes (2)
- F1. Represents shares of common stock sold to satisfy taxes associated with the vesting of a restricted stock unit award previously granted to the Reporting Person. Such sales do not represent 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 $28.34 to $28.94. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff upon request.
FAQ
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What insider transaction did Rapport Therapeutics (RAPP) report for Cheryl Gault?
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Was the Rapport Therapeutics (RAPP) insider sale a discretionary trade?
AI-generated analysis. How Rhea-AI works. Not financial advice.