Sera CEO sells 7,022 shares at about $2
SERA’s CEO sold a small block of shares on September 10, 2026 solely to cover tax withholding from RSU vesting, and continues to hold over eight hundred thousand shares.
Rhea-AI Filing Summary
SERA PROGNOSTICS, INC. (SERA) reported that Chief Executive Officer and director Zhenya Lindgardt sold 7,022 shares of Class A Common Stock on September 10, 2026 at a weighted average price of about $2.00 per share. The sale was made to cover tax withholding on vesting RSUs under a mandated “sell to cover” arrangement and is described as not a discretionary transaction. After this sale, Lindgardt directly holds 837,848 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,022 shares
Net Sell
1 txn
Insider
Lindgardt Zhenya
Role
Chief Executive Officer
Sold
7,022 shs ($14K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 7,022 | $2.00 | $14K |
Holdings After Transaction:
Class A Common Stock — 837,848 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 $2.00 to $2.03, 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: 7,022 shares
Weighted average sale price: $2.00 per share
Post-transaction holdings: 837,848 shares
+2 more
5 metrics
Shares sold
7,022 shares
Class A Common Stock sold on September 10, 2026
Weighted average sale price
$2.00 per share
Block trade with prices ranging from $2.00 to $2.03 per share
Post-transaction holdings
837,848 shares
Direct Class A Common Stock held by CEO after the sale
Net shares sold
7,022 shares
Net sell activity reported in this Form 4
Transaction date
September 10, 2026
Date of the reported sell-to-cover transaction
Key Terms
restricted stock units ("RSUs"), sell to cover, weighted average price, block trade
4 terms
restricted stock units ("RSUs") financial
"vesting of restricted stock units ("RSUs"). The sale is mandated"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
sell to cover financial
"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.
weighted average price financial
"The price reported is a weighted average price. These shares"
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.
block trade financial
"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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SERA’s CEO report on this Form 4?
The CEO, Zhenya Lindgardt, reported selling 7,022 shares of SERA Class A Common Stock on September 10, 2026 at a weighted average price of about $2.00 per share.
Was the SERA CEO’s sale made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan was affirmed for these transactions, and the footnotes instead state the sale was required to fund tax withholding via “sell to cover.”
What does “sell to cover” mean in SERA’s Form 4 filing?
“Sell to cover” in this context means shares were automatically sold to fund tax withholding obligations triggered by RSU vesting. The company elected this method, so the CEO’s sale is described as mandated rather than discretionary.
AI-generated analysis. How Rhea-AI works. Not financial advice.
