SGMO officer reports RSU tax withholding and 245,717 shares owned
Rhea-AI Filing Summary
Sangamo Therapeutics officer and Principal Accounting Officer reported an automatic share disposition related to restricted stock units. On November 24, 2025, 578 shares of common stock were surrendered to the company solely to cover mandatory tax withholding on a vesting RSU grant, using the issuer's closing stock price of $0.4166 per share. This is treated as a disposition to the issuer for reporting purposes but is not a discretionary open-market trade.
After this transaction, the reporting person beneficially owned 245,717 shares, including shares from multiple RSU grants that vest over time through February 24, 2026 and beyond, subject to continued service and the terms of the company’s 2018 Equity Incentive Plan.
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FAQ
What insider transaction did SGMO report on November 24, 2025?
The SGMO officer reported surrendering 578 shares of common stock on November 24, 2025, solely to satisfy mandatory tax withholding on a vesting restricted stock unit grant.
Was the SGMO insider trade on November 24, 2025 an open-market sale?
No. The filing states the 578 shares were deemed disposed of to the issuer for tax withholding and "does not represent a discretionary trade" in the open market or otherwise.
At what price were the SGMO shares used for tax withholding valued?
The 578 shares surrendered for tax withholding were valued using Sangamo Therapeutics' closing stock price of $0.4166 per share on November 24, 2025.
How many SGMO shares does the reporting person beneficially own after the transaction?
Following the tax withholding transaction, the reporting person beneficially owned 245,717 shares of Sangamo Therapeutics common stock in total.
What restricted stock units are included in the SGMO officer’s holdings?
The holdings include shares from: (a) a February 24, 2023 RSU grant with 1,618 shares vesting on February 24, 2026; (b) an January 22, 2024 RSU grant for 18,750 shares vesting in equal quarterly installments through January 22, 2026; and (c) a February 25, 2025 RSU grant for 49,726 shares that will vest one-quarter on February 25, 2026 and the remainder in eight equal quarterly installments thereafter.
What conditions affect the vesting of SGMO restricted stock units in this filing?
The vesting of all referenced RSU grants is subject to the reporting person’s Continuous Service through each vesting date and to possible acceleration as provided in the company’s 2018 Equity Incentive Plan.