RAPID MICRO BIOSYSTEMS (RPID) COO’s 9,603-share sale tied to RSU tax
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,603 shares ($41,467)
Net Sell
1 txn
Insider
Wilson John J. Addington
Role
CHIEF OPERATING OFFICER
Sold
9,603 shs ($41K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 9,603 | $4.3181 | $41K |
Holdings After Transaction:
Class A Common Stock — 316,762 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did RAPID MICRO BIOSYSTEMS (RPID) report for John J. Addington?
RAPID MICRO BIOSYSTEMS reported that COO John J. Addington had 9,603 shares of Class A common stock sold at $4.3181 per share. The transaction reflects stock automatically sold to satisfy tax obligations tied to vesting restricted stock units, not a discretionary open-market sale.
Was the RPID insider transaction by John J. Addington an open-market sale?
While coded as an open-market sale, the footnote explains it was an automatic sale to cover tax obligations from vesting restricted stock units. That means the transaction is more administrative in nature, not a discretionary decision to exit or materially reduce his share position.
What does the recent RPID Form 4 imply about John J. Addington’s ownership position?
The filing shows a small number of shares sold for tax purposes and 316,762 shares still held directly. This indicates his overall ownership in RAPID MICRO BIOSYSTEMS remains substantial, with the transaction reflecting routine management of taxes on equity compensation awards.