Director at Revelation Biosciences (REVB) has 2,261 shares sold for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Revelation Biosciences director Lakhmir S. Chawla had 2,261 common shares sold on February 3, 2026 to cover taxes on vesting restricted stock. The issuer sold the shares on the director’s behalf at a weighted average price of $1.85 per share.
After this mandatory tax-withholding transaction, Chawla beneficially owned 12,158 common shares directly. All share figures reflect a 1-for-4 reverse stock split that became effective on January 28, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chawla Lakhmir S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,261 | $1.85 | $4K |
Holdings After Transaction:
Common Stock — 12,158 shares (Direct)
Footnotes (1)
- All share numbers reflect a 1-for-4 reverse stock split effective January 28, 2026. Represents shares sold by the issuer on behalf of the reporting person solely to satisfy required tax 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.84 to $1.87, 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.
FAQ
What insider transaction did REVB director Lakhmir S. Chawla report?
Director Lakhmir S. Chawla reported a Form 4 transaction where 2,261 Revelation Biosciences common shares were sold on his behalf. The sale covered tax obligations from vesting restricted stock awards and was coded as an F transaction, indicating tax-related share withholding.
What does transaction code F mean in the REVB Form 4 filing?
Transaction code F indicates a tax-related transaction where shares are withheld or sold to cover tax obligations tied to equity awards. In this case, the issuer sold 2,261 shares on behalf of director Lakhmir S. Chawla upon vesting of restricted stock awards to meet required tax liabilities.