Cartesian Therapeutics (RNAC) CFO sells shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cartesian Therapeutics, Inc. reported an insider transaction by its Chief Financial Officer, Blaine Davis. On 01/06/2026, Davis sold 10,591 shares of the company’s common stock at an average price of $6.8197 per share. According to the disclosure, these shares were sold to satisfy withholding tax obligations upon the vesting of restricted stock units and to cover related broker fees, indicating a tax-related sale rather than a discretionary open-market reduction in holdings. Following this transaction, Davis beneficially owned 121,220 shares of Cartesian Therapeutics common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,591 shares ($72,227)
Net Sell
1 txn
Insider
Davis Blaine
Role
Chief Financial Officer
Sold
10,591 shs ($72K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,591 | $6.8197 | $72K |
Holdings After Transaction:
Common Stock — 121,220 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Cartesian Therapeutics (RNAC) disclose in this Form 4?
The filing reports that Chief Financial Officer Blaine Davis sold 10,591 shares of Cartesian Therapeutics common stock on 01/06/2026.
What type of security was involved in the Cartesian Therapeutics insider transaction?
The transaction involved shares of Cartesian Therapeutics’ Common Stock, reported as a non-derivative security in Table I of the Form 4.