Roivant Sciences' Mayukh Sukhatme proposes $7.12M sale
The proposed sale is described as an automatic sell-to-cover transaction for tax withholding on vesting and settlement of equity awards.
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Rhea-AI Filing Summary
Roivant Sciences Ltd. officer and director Mayukh Sukhatme reported a proposed sale of 173,725 common shares, with an aggregate market value of $7,122,725.00 and an approximate sale date of November 10, 2026. The notice lists 724,561,460 common shares outstanding.
The amendment says the shares are being sold automatically under a mandatory, non-discretionary sell-to-cover arrangement adopted by the issuer to satisfy tax withholding obligations incurred upon vesting and settlement of equity awards. It identifies the shares as performance stock units acquired from the issuer for services rendered.
Key Figures
Key Terms
sell-to-cover arrangement financial
Performance Stock Units financial
tax withholding obligations financial
FAQ
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What earlier ROIV sales did Mayukh Sukhatme report?
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