Tax-cover sale by Sagimet (SGMT) CFO Thierry Chauche disclosed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sagimet Biosciences Chief Financial Officer Thierry Chauche reported an automatic sale of Series A Common Stock largely tied to tax obligations. On February 10, 2026, he sold 1,312 shares at $5.3603 per share in an open-market transaction.
According to the disclosure, the shares were required to be sold to cover tax withholding arising from the vesting of restricted stock units, and the sales were automatic rather than discretionary. After this transaction, Chauche directly beneficially owned 15,688 shares of Sagimet Biosciences common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,312 shares ($7,033)
Net Sell
1 txn
Insider
Chauche Thierry
Role
Chief Financial Officer
Sold
1,312 shs ($7K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Series A Common Stock | 1,312 | $5.3603 | $7K |
Holdings After Transaction:
Series A Common Stock — 15,688 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Sagimet Biosciences (SGMT) report on this Form 4?
Sagimet Biosciences reported that its Chief Financial Officer, Thierry Chauche, sold 1,312 shares of Series A Common Stock. The transaction occurred on February 10, 2026, and involved an open-market sale primarily to cover tax withholding obligations from vested restricted stock units.
What is the role of the insider involved in this Sagimet (SGMT) Form 4 filing?
The insider in this Form 4 is Thierry Chauche, who serves as Chief Financial Officer of Sagimet Biosciences. The filing identifies him as an officer, not a director or 10% owner, and reports his transactions and resulting direct beneficial ownership position in the company’s common stock.