REVB CEO reports mandatory tax-related share sale
Revelation Biosciences, Inc. CEO James Rolke reported a mandatory tax-related share disposition.
Rhea-AI Filing Summary
Revelation Biosciences, Inc. CEO James Rolke reported a mandatory tax-related share disposition. On the vesting of restricted stock awards, the issuer sold 10,115 shares of common stock on his behalf solely to cover required tax withholding obligations.
The weighted average sale price was $1.13 per share, with individual trades between $1.12 and $1.14. After this tax-withholding transaction, Rolke directly holds 214,738 shares of common stock. The footnotes state he did not exercise investment discretion over these sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 10,115 shares
Exercise Price or Tax Liability
1 txn
Insider
Rolke James
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 10,115 | $1.13 | $11K |
Holdings After Transaction:
Common Stock — 214,738 shares (Direct)
Footnotes (2)
- F1. Represents shares sold by the issuer on behalf of the reporting person solely to satisfy required tax withholding obligations arising upon the vesting of restricted stock awards. The transaction was mandatory and the reporting person did not exercise investment discretion with respect to the sale.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.12 to $1.14, inclusive. The reporting person undertakes to provide to Revelation Biosciences, Inc. (REVB), any security holder of REVB, 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.
Key Figures
Tax-withholding shares disposed: 10,115 shares
Weighted average sale price: $1.13/share
Shares held after transaction: 214,738 shares
+1 more
4 metrics
Tax-withholding shares disposed
10,115 shares
Common stock sold by issuer to cover CEO tax obligations
Weighted average sale price
$1.13/share
Shares sold across trades between $1.12 and $1.14
Shares held after transaction
214,738 shares
CEO James Rolke direct common stock holdings post-transaction
Tax-withholding trades price range
$1.12–$1.14/share
Price range for multiple trades executed for tax withholding
Key Terms
tax withholding, restricted stock awards, weighted average price, Form 4, +1 more
5 terms
tax withholding financial
"solely to satisfy required tax withholding obligations arising upon the vesting"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
restricted stock awards financial
"arising upon the vesting of restricted stock awards"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
non-derivative financial
"transaction_type": "non-derivative""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did REVB CEO James Rolke report on this Form 4?
CEO James Rolke reported a mandatory tax-withholding disposition of shares. The issuer sold 10,115 common shares on his behalf to satisfy tax obligations from restricted stock vesting, rather than a discretionary open-market sale by Rolke.
What does the weighted average price mean in the REVB CEO Form 4 filing?
The reported $1.13 weighted average price reflects multiple trades between $1.12 and $1.14 per share. The footnote explains individual trades occurred within this range and the CEO can provide detailed trade breakdowns upon request to investors or regulators.
AI-generated analysis. How Rhea-AI works. Not financial advice.
