Relay Therapeutics (RLAY) CFO logs automatic share sales for RSU tax withholding
Rhea-AI Filing Summary
Relay Therapeutics Chief Financial Officer Thomas Catinazzo reported automatic share sales tied to restricted stock unit (RSU) vesting. On January 27, 2026, he sold 13,820 shares of common stock at $7.62 per share, and on January 28, 2026, he sold 1,695 shares at $8.45 per share.
Footnotes state both transactions were sales of shares to cover income tax withholding obligations upon the vesting of 42,394 and 5,724 RSUs, and that he had no discretion over the sales under company policies. After these transactions, he beneficially owned 250,996 and then 249,301 shares, including shares underlying RSUs.
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FAQ
What insider transactions did Relay Therapeutics (RLAY) report for its CFO?
Relay Therapeutics reported two stock sales by CFO Thomas Catinazzo. He sold 13,820 shares on January 27, 2026 at $7.62 and 1,695 shares on January 28, 2026 at $8.45. These transactions were disclosed as part of a Form 4 filing.
Why did the Relay Therapeutics (RLAY) CFO sell shares in January 2026?
The CFO’s sales were to cover income tax withholding on RSU vesting. Footnotes explain the shares were sold automatically to satisfy tax obligations when 42,394 RSUs vested on January 26, 2026 and 5,724 RSUs vested on January 27, 2026.
Were the Relay Therapeutics (RLAY) CFO’s stock sales discretionary trades?
No, the filing states the CFO had no discretion over these sales. The transactions were executed in accordance with Relay Therapeutics’ policies governing RSU vesting and related tax withholding, meaning they occurred automatically to cover required tax obligations.
How many Relay Therapeutics (RLAY) shares does the CFO own after the reported sales?
After the reported transactions, the CFO beneficially owned 249,301 shares. The Form 4 shows 250,996 shares following the January 27, 2026 sale and 249,301 shares following the January 28, 2026 sale, including shares underlying RSUs.
What RSU activity accompanied the Relay Therapeutics (RLAY) CFO’s Form 4 filing?
The sales were linked to vesting of RSUs. Footnotes note 42,394 RSUs vested on January 26, 2026 and 5,724 RSUs vested on January 27, 2026. Shares sold covered income tax withholding obligations arising from these RSU vesting events.
Does the Relay Therapeutics (RLAY) Form 4 mention RSUs included in the CFO’s holdings?
Yes, the filing specifies RSUs included in his beneficial ownership. One footnote states the holdings include 18,799 shares underlying RSUs, and another notes 13,075 shares underlying RSUs, indicating part of his stake is in unvested or restricted share units.