Rapid Micro (NASDAQ: RPID) CEO sells shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RAPID MICRO BIOSYSTEMS, INC. president and CEO Robert G. Spignesi Jr. reported an automatic sale of 17,922 shares of Class A common stock at $4.1115 per share on March 10, 2026.
The footnote explains this sale was made solely to cover tax obligations related to the vesting of restricted stock units. After the transaction, he directly owned 1,169,848 shares, indicating this was a small, routine disposition relative to his overall stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 17,922 shares ($73,686)
Net Sell
1 txn
Insider
Spignesi Robert G. Jr.
Role
PRESIDENT AND CEO
Sold
17,922 shs ($74K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 17,922 | $4.1115 | $74K |
Holdings After Transaction:
Class A Common Stock — 1,169,848 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did RPID CEO Robert Spignesi report?
Robert G. Spignesi Jr., president and CEO of Rapid Micro Biosystems, reported selling 17,922 shares of Class A common stock. The shares were sold automatically to cover tax obligations triggered by the vesting of restricted stock units, not as a discretionary open-market sale.
Was the RPID CEO’s sale a discretionary open-market trade?
The filing footnote states the sale was automatic and intended only to cover tax obligations associated with restricted stock unit vesting. This distinguishes it from a discretionary open-market trade, reducing its informational value about the CEO’s personal view on Rapid Micro Biosystems’ share price.