Sangamo (SGMO) CEO surrenders 102,950 RSU shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sangamo Therapeutics president and CEO Sandy Macrae reported a Form 4 transaction involving company common stock. On January 22, 2026, 102,950 shares were automatically surrendered at a price of $0.3985 per share to cover mandatory tax withholding tied to the vesting of restricted stock units under Sangamo’s 2018 Equity Incentive Plan. This is treated as a disposition to the company for reporting purposes but was not a discretionary open-market trade. After this tax-withholding event, Macrae beneficially owned 1,946,584 shares of Sangamo common stock, including multiple RSU grants that continue to vest over time, subject to ongoing service conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Macrae Sandy
Role
PRESIDENT, CEO AND DIRECTOR
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 102,950 | $0.3985 | $41K |
Holdings After Transaction:
Common Stock — 1,946,584 shares (Direct)
Footnotes (1)
- Represents shares underlying the portion of a restricted stock unit ("RSU") grant that vested on January 22, 2026, which were surrendered by the Reporting Person solely for mandatory tax withholding purposes using the Issuer's closing stock price on January 22, 2026 of $0.3985/share, pursuant to the terms of the Issuer's Amended and Restated 2018 Equity Incentive Plan, as amended (the "2018 EIP"). This required tax withholding transaction is deemed to constitute a disposition of these shares to the Issuer for reporting purposes and does not represent a discretionary trade by the Reporting Person in the open market or otherwise. Includes: (a) 147,050 shares from the January 22, 2026 vesting installment of the Reporting Person's January 22, 2024 RSU grant, (b) 14,747 shares subject to Reporting Person's February 24, 2023 RSU grant that will vest in successive equal quarterly installments through February 24, 2026 and (c) 375,000 shares subject to Reporting Person's February 25, 2025 RSU grant that will vest as to one-fourth (1/4) of the shares on February 25, 2026, and the remainder of the shares will vest in 8 successive equal quarterly installments thereafter. The vesting of all such RSU grants is subject to the Reporting Person's Continuous Service (as defined in the 2018 EIP) through each such date and subject to acceleration as provided in the 2018 EIP.
FAQ
What insider transaction did SGMO CEO Sandy Macrae report?
On January 22, 2026, Sandy Macrae reported the surrender of 102,950 shares of Sangamo Therapeutics (SGMO) common stock to cover mandatory tax withholding on vested RSUs.
Was the SGMO insider transaction an open-market sale?
No. The filing states the 102,950 shares were surrendered solely for mandatory tax withholding purposes on RSU vesting and do not represent a discretionary trade in the open market.
What equity awards are included in Sandy Macrae’s SGMO holdings?
His holdings include RSUs from a January 22, 2024 grant, a February 24, 2023 grant vesting in quarterly installments through February 24, 2026, and a February 25, 2025 grant vesting partly on February 25, 2026 and then in eight quarterly installments.
What plan governs the SGMO RSU tax-withholding transaction for Sandy Macrae?
The RSU vesting and related tax withholding are governed by Sangamo’s Amended and Restated 2018 Equity Incentive Plan, as amended.