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.
Sentiment and the balance of points
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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.
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?
What type of security did Cheryl Gault sell in the latest RAPP Form 4?
Was the Rapport Therapeutics (RAPP) insider sale a discretionary trade?
AI-generated analysis. How Rhea-AI works. Not financial advice.