Rapid Micro (RPID) CEO auto-sells 38,327 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RAPID MICRO BIOSYSTEMS, INC. president and CEO Robert G. Spignesi Jr. reported a sale of 38,327 shares of Class A common stock on February 19, 2026 at an average price of $3.8853 per share. A footnote explains this was an automatic sale to cover tax obligations arising from the vesting of restricted stock units, rather than a discretionary open-market trade. After this transaction, he still holds 1,187,770 shares of the company’s Class A common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 38,327 shares ($148,912)
Net Sell
1 txn
Insider
Spignesi Robert G. Jr.
Role
PRESIDENT AND CEO
Sold
38,327 shs ($149K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 38,327 | $3.8853 | $149K |
Holdings After Transaction:
Class A Common Stock — 1,187,770 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did RPID CEO Robert Spignesi report?
Robert G. Spignesi Jr., CEO of RAPID MICRO BIOSYSTEMS (RPID), reported selling 38,327 shares of Class A common stock. The sale occurred on February 19, 2026 and is tied to tax withholding from vesting restricted stock units.
Is the RPID Form 4 transaction categorized as a sale or purchase?
The transaction is categorized as a sale of non-derivative Class A common stock, with code “S” for sale in open market or private transaction. However, the footnote clarifies it was an automatic sale to cover tax obligations from RSU vesting.
What type of security was involved in the RPID insider transaction?
The Form 4 reports a transaction in Class A common stock of RAPID MICRO BIOSYSTEMS. It is classified as a non-derivative security, meaning it is the underlying common equity rather than options, warrants, or other derivative instruments.