REGENXBIO (RGNX) executive has 4,699 shares withheld for RSU tax payment
Rhea-AI Filing Summary
REGENXBIO Inc. executive Patrick J. Christmas, Chief Strategy & Legal Officer, reported a tax-withholding disposition of 4,699 shares of common stock on August 1, 2026 at $9.69 per share. The shares were withheld to cover taxes on vesting RSUs granted August 1, 2024, leaving him with 205,968 shares held directly. The transaction was not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,699 shares
Net Sell
1 txn
Insider
Christmas Patrick J.
Role
Chief Strategy & Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 4,699 | $9.69 | $46K |
Holdings After Transaction:
Common Stock — 205,968 shares (Direct)
Footnotes (1)
- F1. Represents shares of common stock withheld to pay taxes upon the vesting of restricted stock units originally granted to the reporting person on August 1, 2024. The number of shares withheld was determined based on the closing price of the issuer's common stock on August 1, 2026.
Key Figures
Shares Withheld for Taxes: 4,699 shares
Reference Share Price: $9.69 per share
Shares Held After Transaction: 205,968 shares
+1 more
4 metrics
Shares Withheld for Taxes
4,699 shares
Common stock withheld on August 1, 2026 to pay taxes on vesting RSUs
Reference Share Price
$9.69 per share
Value used for tax-withholding disposition on August 1, 2026
Shares Held After Transaction
205,968 shares
Direct ownership of Patrick J. Christmas following the withholding transaction
Original RSU Grant Date
August 1, 2024
Date restricted stock units that vested on August 1, 2026 were granted
Key Terms
restricted stock units, withheld to pay taxes, tax liability
3 terms
restricted stock units financial
"upon the vesting of restricted stock units originally granted to the reporting"
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.
withheld to pay taxes financial
"Represents shares of common stock withheld to pay taxes upon the vesting"
tax liability financial
"Payment of tax liability by delivering or withholding securities"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did REGENXBIO (RGNX) report for Patrick J. Christmas?
REGENXBIO reported that Patrick J. Christmas, Chief Strategy & Legal Officer, had 4,699 shares of common stock withheld on August 1, 2026 to pay taxes on vesting restricted stock units, at a reference price of $9.69 per share.
Was the REGENXBIO (RGNX) Form 4 transaction a market sale or tax withholding?
The Form 4 for REGENXBIO shows a tax-withholding disposition, not an open-market sale. 4,699 shares of common stock were withheld to satisfy tax liabilities arising from the vesting of restricted stock units granted on August 1, 2024.
Were the REGENXBIO (RGNX) insider transactions under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox was not checked, meaning the reported tax-withholding disposition of 4,699 shares by Patrick J. Christmas was not executed pursuant to a pre-arranged Rule 10b5-1 trading plan.