Ultragenyx (RARE) CAO disposes shares in RSU tax-related transactions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ultragenyx Pharmaceutical Inc. senior vice president and chief accounting officer Theodore Alan Huizenga reported two common stock transactions. He completed an open-market sale of 1,632 shares at a weighted average price of $22.80 per share, primarily to cover required tax withholdings from vesting restricted stock units (RSUs).
In a related move, he also disposed of 148 shares at $23.39 per share through share surrender to satisfy additional tax obligations tied to RSU vesting. Following these tax-related and open-market transactions, he directly owned a total of 50,302 shares of Ultragenyx common stock, which includes previously reported unvested RSUs subject to vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,632 shares ($37,210)
Net Sell
2 txns
Insider
Huizenga Theodore Alan
Role
SVP, Chief Accounting Officer
Sold
1,632 shs ($37K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 148 | $23.39 | $3K |
| Sale | Common Stock | 1,632 | $22.80 | $37K |
Holdings After Transaction:
Common Stock — 50,302 shares (Direct)
Footnotes (1)
- Represents shares surrendered to the Issuer by the Reporting Person to pay required tax withholdings due to the vesting of RSUs. Represents shares sold to pay required tax withholdings due to the vesting of RSUs. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.54 to $23.11 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder 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 Includes previously reported shares of common stock underlying RSUs granted to the Reporting Person, which are subject to certain vesting conditions.
FAQ
What insider transactions did Ultragenyx (RARE) report for Theodore Huizenga?
Ultragenyx reported that Theodore Huizenga executed an open-market sale of 1,632 common shares and a separate 148-share disposition. Both transactions were tied to covering required tax withholdings from vesting restricted stock units, according to the disclosed footnotes.