Solid Biosciences CEO sells 48,913-share tax sale
Solid Biosciences Inc. President and CEO Alexander Cumbo reported an automatic sale of common stock tied to tax withholding.
Rhea-AI Filing Summary
Solid Biosciences Inc. President and CEO Alexander Cumbo reported an automatic sale of common stock tied to tax withholding. On February 4, 2026, he sold 48,913 shares of Solid Biosciences common stock at a weighted average price of $6.4419 per share.
The filing explains this was a sell-to-cover transaction to satisfy withholding taxes after previously granted restricted stock units vested, executed under a durable automatic sale instruction letter adopted on August 18, 2024. After this activity, Cumbo directly beneficially owned 222,018 common shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 48,913 | $6.4419 | $315K |
Footnotes (2)
- F1. This sale was made to cover withholding taxes following the vesting of previously granted restricted stock units pursuant to a durable automatic sale instruction letter adopted by Mr. Cumbo on August 18, 2024 effecting the sell-to-cover election. The sale does not represent a discretionary trade by Mr. Cumbo.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.28 to $6.60, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (4) to this Form.
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