Relay Therapeutics (RLAY) executive sells 753 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Relay Therapeutics, Inc. executive Peter Rahmer reported an open-market sale of 753 shares of common stock at $14.79 per share. According to the footnotes, the sale was made solely to cover income tax withholding on the vesting of 3,051 restricted stock units and was not discretionary. After this transaction, Rahmer directly owns 275,857 shares of Relay Therapeutics common stock, including 9,153 shares underlying RSUs, indicating the sale was small relative to his overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 753 shares ($11,137)
Net Sell
1 txn
Insider
Rahmer Peter
Role
See remarks
Sold
753 shs ($11K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 753 | $14.79 | $11K |
Holdings After Transaction:
Common Stock — 275,857 shares (Direct, null)
Footnotes (1)
- Sale of shares to cover the reporting person's income tax withholding obligations upon the vesting of 3,051 shares of restricted stock units ("RSUs") on April 27, 2026. The reporting person had no discretion with respect to such sale, which was transacted in accordance with the Issuer's policies regarding the vesting of RSUs. Includes 9,153 shares underlying RSUs.
Key Figures
Shares sold: 753 shares
Sale price: $14.79 per share
Shares held after transaction: 275,857 shares
+2 more
5 metrics
Shares sold
753 shares
Open-market sale on April 28, 2026
Sale price
$14.79 per share
Price for the 753 shares sold
Shares held after transaction
275,857 shares
Direct holdings following the sale
RSUs vested
3,051 units
RSUs vesting that triggered tax withholding
Shares underlying RSUs
9,153 shares
Included within post-transaction holdings
Key Terms
restricted stock units, income tax withholding obligations, open-market sale, Form 4, +1 more
5 terms
restricted stock units financial
"upon the vesting of 3,051 shares of restricted stock units ("RSUs")"
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.
income tax withholding obligations financial
"Sale of shares to cover the reporting person's income tax withholding obligations"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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.
RSUs financial
"Includes 9,153 shares underlying RSUs."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
FAQ
What insider transaction did Relay Therapeutics (RLAY) report for Peter Rahmer?
Relay Therapeutics reported that executive Peter Rahmer sold 753 shares of common stock. The shares were sold in an open-market transaction at $14.79 per share to satisfy income tax withholding tied to vesting restricted stock units.
What RSU activity did the Relay Therapeutics (RLAY) filing disclose for Peter Rahmer?
The filing notes that 3,051 restricted stock units vested for Rahmer, triggering tax obligations. To cover the associated income tax withholding, 753 shares were sold automatically under company policy, and his remaining holdings still include 9,153 RSU-related shares.