Sangamo Therapeutics (SGMO) exec surrenders 7,721 shares for tax withholding
Rhea-AI Filing Summary
Sangamo Therapeutics reported an insider equity transaction by Davis Gregory D, its Head of Research & Technology. On January 22, 2026, a portion of his restricted stock units vested and 7,721 shares of common stock were surrendered solely to cover mandatory tax withholding at a price of $0.3985 per share under the company’s 2018 Equity Incentive Plan.
After this tax withholding event, he beneficially owns 191,062 shares of common stock, including vested and unvested RSUs and 5,000 shares previously acquired through the 2020 Employee Stock Purchase Plan. The filing notes this is a required tax withholding transaction and not a discretionary open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 7,721 | $0.3985 | $3K |
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) 11,029 shares from the January 22, 2026 vesting installment of the Reporting Person's January 22, 2024 RSU grant, (b) 2,022 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) 49,726 shares subject to Reporting Person's February 25, 2025 RSU grant that will vest as to one-quarter (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. Includes 5,000 shares acquired on May 30, 2025 under the Issuer's 2020 Employee Stock Purchase Plan. The Reporting Person previously transferred 8 shares of the Issuer's common stock to his ex-spouse pursuant to a domestic relations order. The Reporting Person no longer reports as beneficially owned any securities owned by his ex-spouse.
FAQ
What insider transaction did Sangamo Therapeutics (SGMO) report in this Form 4?
The filing reports that Davis Gregory D, Head of Research & Technology at Sangamo Therapeutics, surrendered 7,721 shares of common stock on January 22, 2026 in connection with the vesting of restricted stock units.
What RSU grants are referenced in the Sangamo (SGMO) Form 4 footnotes?
The footnotes reference RSU grants dated January 22, 2024, February 24, 2023, and February 25, 2025. Portions of these RSUs have vested or will vest in quarterly installments, subject to the reporting person’s continuous service and the terms of the 2018 Equity Incentive Plan.