COO of Rapid Micro Biosystems (RPID) auto-sells shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RAPID MICRO BIOSYSTEMS, INC. chief operating officer John J. Wilson reported an automatic sale of 5,403 shares of Class A common stock at $3.923 per share. According to the footnote, this sale was made solely to cover tax obligations tied to vesting restricted stock units. After the transaction, he directly held 326,365 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,403 shares ($21,196)
Net Sell
1 txn
Insider
Wilson John J. Addington
Role
CHIEF OPERATING OFFICER
Sold
5,403 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 5,403 | $3.923 | $21K |
Holdings After Transaction:
Class A Common Stock — 326,365 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did RPID COO John J. Wilson report on this Form 4?
He reported an automatic sale of 5,403 shares of Rapid Micro Biosystems Class A common stock at $3.923 per share. The sale was executed to cover tax obligations arising from the vesting of restricted stock units.
Was the RPID insider stock sale by the COO a discretionary open-market trade?
The filing describes the transaction as a sale, but the footnote clarifies it was an automatic sale. It was executed specifically to cover tax obligations associated with vesting restricted stock units, rather than a discretionary open-market liquidation of holdings.