Seer CFO sells 7,303 shares to cover RSU taxes
Seer, Inc. President & CFO David R. Horn reported an open-market sale of 7,303 shares of Class A Common Stock at an average price of $1.6913 per share.
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Rhea-AI Filing Summary
Seer, Inc. President & CFO David R. Horn reported an open-market sale of 7,303 shares of Class A Common Stock at an average price of $1.6913 per share. According to the filing, the shares were sold to satisfy his tax obligations related to vesting restricted stock units, and he held 493,959 shares directly after the transaction.
Insights
Small insider sale driven by tax obligations on RSU vesting.
Seer, Inc. President & CFO David R. Horn sold 7,303 Class A shares at $1.6913 each. A footnote explains the sale was made to cover his tax obligations from vesting restricted stock units, making this a compensation-related liquidity event rather than a discretionary portfolio move.
After the sale, he still directly owned 493,959 shares, so the disposed amount appears small relative to his remaining stake. Because the transaction is tied to RSU vesting and does not change derivative positions, it looks like a routine administrative sale with limited informational value about his view of the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 7,303 | $1.6913 | $12K |
Footnotes (1)
- F1. The reported shares were sold to satisfy the reporting person's tax obligations in connection with the vesting of restricted stock units, or RSUs.
Key Figures
Key Terms
restricted stock units financial
open-market sale financial
tax obligations financial
FAQ
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What insider transaction did Seer (SEER) report for its President & CFO?
Is the Seer (SEER) insider sale by the President & CFO a routine tax transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.