Sangamo SVP surrenders shares for tax withholding
Sangamo Therapeutics SVP Scott B. Willoughby reported a routine tax-withholding share disposition tied to restricted stock vesting.
Rhea-AI Filing Summary
Sangamo Therapeutics SVP Scott B. Willoughby reported a routine tax-withholding share disposition tied to restricted stock vesting. On May 25, 2026, 4,036 shares of common stock were surrendered to the company at $0.1743 per share solely to satisfy mandatory tax withholding on vested RSUs, not as an open-market trade. After this non-discretionary transaction, he directly holds 647,370 shares. A footnote notes that 7,214 shares vested from a February 25, 2025 RSU grant on the same date, with 78,750 additional RSU shares scheduled to vest in seven equal quarterly installments, subject to continued service.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 4,036 | $0.1743 | $703.47 |
Footnotes (2)
- F1. Represents shares underlying the portion of an RSU grant that vested on May 25, 2026, which were surrendered by the Reporting Person solely for mandatory tax withholding purposes using the Issuer's closing stock price on May 25, 2026 of $0.1743/share, pursuant to the terms of 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.
- F2. Includes: 7,214 shares from the May 25, 2026 vesting installment of the Reporting Person's February 25, 2025 RSU grant and the remaining 78,750 shares will vest in 7 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.
Key Figures
Key Terms
RSU financial
mandatory tax withholding financial
2018 EIP financial
Continuous Service financial
disposition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SANGAMO THERAPEUTICS (SGMO) report for Scott B. Willoughby?
Was the SGMO insider transaction by Scott B. Willoughby an open-market sale?
What RSUs vested for Scott B. Willoughby at Sangamo Therapeutics on May 25, 2026?
What plan governs Scott B. Willoughby’s RSU vesting and tax withholding at SGMO?
AI-generated analysis. How Rhea-AI works. Not financial advice.