Seer (SEER) CFO sells 7,309 shares to cover tax bill
Rhea-AI Filing Summary
Seer, Inc. (SEER) reported that its President & CFO, David R. Horn, sold 7,309 shares of Class A Common Stock on 2026-08-18 at an average price of $2.0262 per share. According to the company’s disclosure, the shares were sold to satisfy Mr. Horn’s tax obligations related to vesting of restricted stock units. Following this sale, he directly holds 486,650 shares of Seer Class A Common Stock.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 7,309 shares
Net Sell
1 txn
Insider
Horn David R.
Role
PRESIDENT & CFO
Sold
7,309 shs ($15K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 7,309 | $2.0262 | $15K |
Holdings After Transaction:
Class A Common Stock — 486,650 shares (Direct)
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
Shares sold: 7,309 shares
Sale price per share: $2.0262 per share
Shares held after transaction: 486,650 shares
3 metrics
Shares sold
7,309 shares
Class A Common Stock sale on 2026-08-18 by President & CFO
Sale price per share
$2.0262 per share
Average price for the 7,309-share sale on 2026-08-18
Shares held after transaction
486,650 shares
Direct Class A Common Stock holdings of David R. Horn after sale
Key Terms
restricted stock units, vesting, tax obligations
3 terms
restricted stock units financial
"tax obligations in connection with the vesting 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.
vesting financial
"tax obligations in connection with the vesting of restricted stock units"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
tax obligations financial
"shares were sold to satisfy the reporting person's tax obligations"
FAQ
What insider transaction did Seer, Inc. (SEER) disclose for David R. Horn?
Seer, Inc. disclosed that President & CFO David R. Horn sold 7,309 SEER shares on 2026-08-18. The sale was reported as a disposition of Class A Common Stock in an open market or private transaction at an average price of $2.0262 per share.
Was the SEER insider sale made under a Rule 10b5-1 trading plan?
The disclosure indicates the Rule 10b5-1 checkbox was not marked, and there is no footnote stating the sale was under a trading plan. The transaction is instead described as a sale to cover tax obligations from vesting RSUs, without reference to a pre-arranged plan.
What role does David R. Horn hold at Seer, Inc. (SEER)?
David R. Horn serves as President & Chief Financial Officer of Seer, Inc. This means he is both the company’s top financial executive and a senior operating leader, and his equity transactions are reported as insider trades under SEC rules for officers.
AI-generated analysis. How Rhea-AI works. Not financial advice.