RPID COO logs tax-related sale of 9,603 shares
RAPID MICRO BIOSYSTEMS, INC. chief operating officer John J. Addington reported an automatic sale of 9,603 shares of Class A common stock at an average price of $4.3181 per share.
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Rhea-AI Filing Summary
RAPID MICRO BIOSYSTEMS, INC. chief operating officer John J. Addington reported an automatic sale of 9,603 shares of Class A common stock at an average price of $4.3181 per share. The shares were sold to cover tax obligations arising from the vesting of restricted stock units, according to the footnote.
After this transaction, he directly holds 316,762 shares of Class A common stock, indicating the sale represents a small portion of his overall position and is tied to routine equity-compensation tax withholding rather than discretionary selling.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 9,603 | $4.3181 | $41K |
Footnotes (1)
- F1. Represents the automatic sale of stock to cover the associated tax obligations with the vesting of restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RAPID MICRO BIOSYSTEMS (RPID) report for John J. Addington?
Was the RPID insider transaction by John J. Addington an open-market sale?
What does the recent RPID Form 4 imply about John J. Addington’s ownership position?
AI-generated analysis. How Rhea-AI works. Not financial advice.