REGENXBIO insider sells 234 shares to cover RSU taxes; beneficial ownership 17,585
Rhea-AI Filing Summary
Craig Malzahn, Chief Technology Officer of REGENXBIO Inc. (RGNX), reported a non-derivative transaction dated 09/01/2025 in which 234 shares of common stock were disposed at a price of $8.93 per share. After the transaction he beneficially owned 17,585 shares directly. The filing states the 234 shares were withheld to pay taxes upon the vesting of restricted stock units originally granted on September 1, 2022, with the withholding amount calculated using the issuer's closing stock price on August 29, 2025. The form was signed via attorney-in-fact on 09/03/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine tax-withholding sale following RSU vesting; no new purchases or change in control implied.
The Form 4 documents a common practice where shares underlying vested restricted stock units are withheld to satisfy tax obligations. The disposal of 234 shares at $8.93 appears solely for tax withholding rather than a market-sale intent. Post-transaction beneficial ownership remains 17,585 shares directly, indicating continued insider exposure but no material reduction in position size disclosed.
TL;DR: Administrative insider reporting consistent with Section 16 rules; disclosure is timely and specific.
The filing identifies the reporting person, relationship to the issuer (Chief Technology Officer and director), transaction date, and precise mechanics: shares withheld upon RSU vesting using a specified closing price. The signature via attorney-in-fact and the inclusion of the RSU grant date provide clear auditability for corporate records and regulatory compliance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 234 | $8.93 | $2K |
Footnotes (1)
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