Seer, Inc. (SEER) director sells 10,660 shares in Rule 10b5-1 planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Seer, Inc. director Dipchand Nishar reported an open-market sale of 10,660 shares of Class A Common Stock at a weighted average price of $2.18 per share on July 8, 2026. The transaction was executed under a Rule 10b5-1 trading plan adopted on August 8, 2025 to cover tax obligations upon vesting and settlement of restricted stock units. Following the sale, he directly holds 59,044 shares.
Positive
- None.
Negative
- None.
Insights
Small, pre-planned tax-related sale with remaining sizeable holdings.
Director Dipchand Nishar sold 10,660 shares of Seer, Inc. Class A Common Stock at a weighted average of $2.1825 per share on July 8, 2026. The filing states the sale was made pursuant to a Rule 10b5-1 trading plan adopted on August 8, 2025 to cover tax obligations from vesting restricted stock units.
Because the sale is tied to compensation-related tax obligations and executed under a pre-arranged plan, its informational value as a discretionary signal is limited. After this transaction, Nishar still directly owns 59,044 shares, indicating continued equity exposure to the company.
Insider Trade Summary 10b5-1
Net Seller: 10,660 shares ($23,265)
Net Sell
1 txn
Insider
Nishar Dipchand
Role
null
Sold
10,660 shs ($23K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 10,660 | $2.1825 | $23K |
Holdings After Transaction:
Class A Common Stock — 59,044 shares (Direct, null)
Footnotes (1)
- The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 8, 2025 to cover tax obligations upon the vesting and settlement of restricted stock units. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.17 to $2.22, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
Key Figures
Shares sold: 10,660 shares
Weighted average sale price: $2.1825 per share
Post-transaction holdings: 59,044 shares
+3 more
6 metrics
Shares sold
10,660 shares
Open-market sale of Class A Common Stock on July 8, 2026
Weighted average sale price
$2.1825 per share
Weighted average price for the 10,660 shares sold
Post-transaction holdings
59,044 shares
Directly owned Class A Common Stock after the sale
Rule 10b5-1 plan adoption date
August 8, 2025
Trading plan adopted to cover tax obligations on RSU vesting
Sale price range
$2.17 to $2.22 per share
Multiple transactions executed within this price range
Net shares sold per summary
10,660 shares
Net-sell direction in transaction summary
Key Terms
Rule 10b5-1 trading plan, restricted stock units, weighted average price
3 terms
Rule 10b5-1 trading plan regulatory
"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"to cover tax obligations upon the vesting and settlement of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What insider transaction did Seer, Inc. (SEER) director Dipchand Nishar report?
Director Dipchand Nishar reported an open-market sale of 10,660 shares of Seer, Inc. Class A Common Stock on July 8, 2026 at a weighted average price of $2.1825 per share, executed as a single reported transaction.
Was the SEER insider sale by Dipchand Nishar made under a Rule 10b5-1 plan?
Yes. The filing states the sale was effected under a Rule 10b5-1 trading plan adopted by Dipchand Nishar on August 8, 2025. The plan was established to cover tax obligations from vesting and settlement of restricted stock units.
What is the nature of the Seer, Inc. (SEER) Form 4 transaction reported by Dipchand Nishar?
The Form 4 lists an open-market sale of Seer, Inc. Class A Common Stock with transaction code S. It is a non-derivative transaction, tied by footnote to tax obligations from restricted stock unit vesting under a pre-arranged Rule 10b5-1 plan.