Sangamo (SGMO) Insider RSU Vesting: Tax Withholding Disposition Recorded
Rhea-AI Filing Summary
Sangamo Therapeutics insider filing shows routine RSU vesting and tax-withholding disposition. On 08/24/2025 the reporting person, Scott B. Willoughby (SVP, Chief Legal Officer, Secretary and Director), had 1,434 shares disposed of at a price of $0.5863 per share to satisfy mandatory tax withholding related to RSUs that vested that day.
After the withholding disposition the reporting person beneficially owns 748,243 shares. The filing details scheduled vesting: 2,574 shares from a Feb 24, 2023 RSU grant (with remaining installments through Feb 24, 2026), 178,125 shares from a Jan 22, 2024 RSU grant vesting through Jan 22, 2026, and 120,000 shares from a Feb 25, 2025 RSU grant with one-quarter vesting on Feb 25, 2026 and the remainder in eight quarterly installments. All vesting is conditioned on Continuous Service and any applicable acceleration under the 2018 EIP.
Positive
- Substantial post-transaction ownership of 748,243 shares remains, indicating continued insider alignment with shareholders
- Transactions were plan-driven and non-discretionary (mandatory tax withholding on vested RSUs), reducing concerns about opportunistic insider selling
Negative
- None.
Insights
TL;DR: Routine RSU vesting and tax-withholding; no material change to insider stake.
The Form 4 reports a mandatory withholding disposition of 1,434 shares at $0.5863 per share tied to vested RSUs on 08/24/2025. This was a non-discretionary, plan-driven transaction and not an open-market sale. Post-transaction beneficial ownership is reported as 748,243 shares. The filing also outlines multiple RSU grants with scheduled quarterly vesting through 2026, indicating continued compensation alignment with the issuer. From a financial-impact perspective this disclosure is administrative and not materially dilutive beyond standard equity compensation mechanics.
TL;DR: Insider retained significant ownership; transaction reflects standard plan mechanics and tax compliance.
The filing documents a tax-withholding disposition under the Issuer's Amended and Restated 2018 Equity Incentive Plan. The transaction is explicitly described as required for withholding and is reported as a disposition for Form 4 purposes only. The detailed vesting schedules and service-condition language show standard governance controls around equity compensation and potential acceleration provisions. No leadership change, discretionary trading, or unusual compensation action is reported.