Sagimet (SGMT) CMO logs automatic 3,640-share sale for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sagimet Biosciences’ Chief Medical Officer reports automatic share sale to cover taxes. Martins Eduardo Bruno sold 3,640 shares of Series A Common Stock on February 10, 2026 at an average price of $5.3602 per share in an open-market transaction.
According to the footnote, the sale was required to cover tax withholding obligations tied to vesting restricted stock units and was executed automatically, not at his discretion. After this transaction, he directly beneficially owned 103,296 shares of Sagimet Biosciences Inc.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,640 shares ($19,511)
Net Sell
1 txn
Insider
Martins Eduardo Bruno
Role
Chief Medical Officer
Sold
3,640 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Series A Common Stock | 3,640 | $5.3602 | $20K |
Holdings After Transaction:
Series A Common Stock — 103,296 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Sagimet Biosciences (SGMT) report for Martins Eduardo Bruno?
Sagimet Biosciences reported that Chief Medical Officer Martins Eduardo Bruno sold 3,640 shares of Series A Common Stock. The sale occurred on February 10, 2026, and was disclosed in a Form 4 insider trading report filed under Section 16 rules.
Was the Sagimet Biosciences (SGMT) CMO’s Form 4 sale discretionary?
No, the filing states the sales were automatic and not at the CMO’s discretion. The shares were required to be sold specifically to satisfy tax withholding obligations connected to vesting restricted stock units, rather than as a voluntary open-market sale decision.