Replimune (REPL) CFO’s tax sell-to-cover still leaves 215,852 shares
Rhea-AI Filing Summary
Replimune Group, Inc. (REPL) reported that its Chief Financial Officer, Emily Luisa Hill, sold 9,256 shares of common stock on 2026-08-17 at a weighted average price of $14.28 per share. The shares were sold to cover tax withholding obligations arising from the partial vesting of her Restricted Stock Units under an irrevocable "sell to cover" provision and are described as not a discretionary sale. Following this transaction, Hill directly holds 215,852 shares of Replimune common stock.
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Insights
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Insider Trade Summary
Net Seller: 9,256 shares
Net Sell
1 txn
Insider
Hill Emily Luisa
Role
Chief Financial Officer
Sold
9,256 shs ($132K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 9,256 | $14.28 | $132K |
Holdings After Transaction:
Common Stock — 215,852 shares (Direct)
Footnotes (2)
- F1. Represents shares of the Issuer's common stock (the "Shares") sold to cover tax withholding obligations in connection with the partial vesting of the Reporting Person's Restricted Stock Units ("RSU"). The transaction reported herein was made in accordance with the irrevocable "sell to cover" provision set forth in the award agreements under which the RSUs were granted and does not represent a discretionary sale by the Reporting Person.
- F2. The price reported reflects a weighted average price of the Shares. The Shares were sold in multiple transactions at prices ranging from $14.20 to $14.28 per Share. The Reporting Person will provide to the Issuer, any security holder of the Issuer or the Securities Exchange Commission staff, upon request, information regarding the number of Shares sold at each price within the range.
Key Figures
Shares sold: 9,256 shares
Weighted average sale price: $14.28 per share
Sale price range: $14.20 to $14.28 per share
+1 more
4 metrics
Shares sold
9,256 shares
Common stock sold on 2026-08-17 to cover tax withholding
Weighted average sale price
$14.28 per share
Weighted average price for shares sold on 2026-08-17
Sale price range
$14.20 to $14.28 per share
Multiple transactions within this range for the reported sale
Shares owned after transaction
215,852 shares
Directly held by CFO Emily Luisa Hill after the sale
Key Terms
sell to cover, Restricted Stock Units, weighted average price
3 terms
sell to cover financial
"The transaction ... was made in accordance with the irrevocable "sell to cover" provision"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
Restricted Stock Units financial
"in connection with the partial vesting of the Reporting Person's Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average price financial
"The price reported reflects a weighted average price of the Shares."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What insider transaction did REPL report for CFO Emily Luisa Hill?
Replimune Group, Inc. (REPL) reported that CFO Emily Luisa Hill sold 9,256 shares of common stock on 2026-08-17. The sale covered tax withholding obligations from the partial vesting of her Restricted Stock Units under an automatic "sell to cover" provision.
Does the REPL CFO’s sale represent a discretionary reduction of her holdings?
No. The sale of 9,256 shares is described as not a discretionary sale. It arises automatically from the "sell to cover" mechanism in her RSU award agreements, specifically to satisfy tax withholding obligations on partially vesting Restricted Stock Units.
AI-generated analysis. How Rhea-AI works. Not financial advice.