SERA CEO sells shares to cover RSU taxes
SERA PROGNOSTICS, INC.
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Form Type
4
Rhea-AI Filing Summary
SERA PROGNOSTICS, INC. Chief Executive Officer and director Zhenya Lindgardt reported a sale of 6,990 shares of Class A Common Stock at a weighted average price of $2.01 per share. According to the disclosure, this was a mandated “sell to cover” transaction to satisfy tax withholding on vesting restricted stock units, not a discretionary trade. After the sale, Lindgardt directly holds 865,009 shares, indicating the sale represents a very small portion of the reported holdings.
Insider Trade Summary
Net Seller: 6,990 shares
Net Sell
1 txn
Insider
Lindgardt Zhenya
Role
Chief Executive Officer
Sold
6,990 shs ($14K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 6,990 | $2.01 | $14K |
Holdings After Transaction:
Class A Common Stock — 865,009 shares (Direct)
Footnotes (2)
- F1. Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs"). The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by "sell to cover" transactions and does not represent a discretionary transaction by the Reporting Person.
- F2. The price reported is a weighted average price. These shares were sold as part of a block trade in multiple transactions at prices ranging from $1.87 to $2.12, inclusive. The Reporting Person will provide to the staff of the Securities and Exchange Commission, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price with regard to the block trade.
Key Figures
Shares sold: 6,990 shares
Weighted average sale price: $2.01 per share
Shares held after transaction: 865,009 shares
3 metrics
Shares sold
6,990 shares
Tax-related sale on 2026-06-11
Weighted average sale price
$2.01 per share
Block trade range $1.87 to $2.12
Shares held after transaction
865,009 shares
Direct Class A Common Stock holdings post-sale
Key Terms
sell to cover, restricted stock units, block trade, weighted average price
4 terms
sell to cover financial
"satisfaction of tax withholding obligations to be funded by "sell to cover" transactions"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
restricted stock units financial
"tax withholding obligations in connection with the vesting of restricted stock units ("RSUs")"
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.
block trade financial
"These shares were sold as part of a block trade in multiple transactions"
A block trade is a large, privately arranged sale or purchase of a company's shares or bonds between big investors, often negotiated to avoid upsetting the public market price. Think of it like selling a truckload of goods directly to one buyer instead of unloading it on a busy street — it moves a lot of supply at once and can signal shifting demand, affect immediate liquidity, and influence short-term stock prices.
weighted average price financial
"The price reported 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SERA (SERA) CEO Zhenya Lindgardt report in this Form 4?
The CEO reported selling 6,990 shares of Class A Common Stock at a weighted average price of $2.01. The transaction was used to cover tax withholding obligations tied to vesting restricted stock units, rather than a discretionary open-market sale.
Why did the SERA (SERA) CEO’s Form 4 sale occur?
The filing states the 6,990 shares were sold to cover tax withholding obligations from vesting restricted stock units. The issuer requires these obligations be funded via “sell to cover” trades, so the transaction was mandated, not initiated at the CEO’s discretion.
Is the SERA (SERA) CEO’s Form 4 sale considered an open-market disposition signal?
The transaction is coded as a sale but described as a mandated “sell to cover” for tax withholding on RSU vesting. This characterization indicates a routine, tax-driven event rather than a discretionary decision to reduce the CEO’s economic exposure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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