SGMO SVP reports RSU tax withholding and 719,804 shares owned
Rhea-AI Filing Summary
Sangamo Therapeutics (SGMO) reported a routine insider equity transaction by its SVP-Chief Development Officer on a Form 4. On November 24, 2025, the officer surrendered 2,544 shares of common stock at $0.4166 per share solely to cover mandatory tax withholding on a vesting restricted stock unit (RSU) grant under the company’s 2018 Equity Incentive Plan. This withholding is treated as a disposition to the company for reporting purposes but is not a discretionary open-market trade.
Following this tax withholding event, the officer beneficially owned 719,804 shares of common stock. The explanation notes ongoing RSU vesting schedules from grants made in February 2023, January 2024, and February 2025, all subject to continued service and potential acceleration as provided in the equity plan.
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FAQ
What insider transaction did Sangamo Therapeutics (SGMO) report on this Form 4?
The filing reports that the SVP-Chief Development Officer of Sangamo Therapeutics (SGMO) surrendered 2,544 shares of common stock on November 24, 2025 to cover mandatory tax withholding related to a vesting restricted stock unit grant.
Was the Sangamo Therapeutics (SGMO) insider trade an open-market sale?
No. The 2,544 shares were surrendered solely for mandatory tax withholding using the issuer’s closing stock price of $0.4166 per share on November 24, 2025, and the disclosure states this was not a discretionary trade in the open market.
How many Sangamo Therapeutics (SGMO) shares does the reporting officer own after the transaction?
After the reported tax withholding transaction, the officer beneficially owned 719,804 shares of Sangamo Therapeutics common stock.
What RSU vesting occurred for the Sangamo Therapeutics (SGMO) officer on November 24, 2025?
The explanation states that 2,466 shares came from the November 24, 2025 vesting installment of the officer’s February 24, 2023 RSU grant, which contributed to the shares surrendered for tax withholding.
What future RSU vesting is described for the Sangamo Therapeutics (SGMO) officer?
The disclosure notes 5,010 shares from the February 24, 2023 RSU grant scheduled to vest on February 24, 2026, 89,063 shares from a January 22, 2024 RSU grant vesting in equal quarterly installments through January 22, 2026, and 120,000 shares from a February 25, 2025 RSU grant with one-fourth vesting on February 25, 2026 and the remainder in eight equal quarterly installments thereafter, all subject to continuous service and the equity plan.
Under what plan were the Sangamo Therapeutics (SGMO) RSUs granted to the officer?
The RSUs are granted under Sangamo’s Amended and Restated 2018 Equity Incentive Plan, as amended, which also governs vesting conditions and potential acceleration.