Solid Biosciences (SLDB) CRO sells 12,348 shares to cover RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Solid Biosciences Inc. insider transaction: Chief Regulatory Officer Jessie Hanrahan reported an automatic sale of common stock tied to tax withholding. On February 4, 2026, 12,348 shares of common stock were sold at a weighted average price of $6.4419 per share to cover withholding taxes after restricted stock units vested. The filing notes this was executed under a pre-established durable automatic sale instruction and is not a discretionary trade. After the transaction, Hanrahan beneficially owned 70,327 shares of Solid Biosciences common stock in direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,348 shares ($79,545)
Net Sell
1 txn
Insider
Hanrahan Jessie
Role
Chief Regulatory Officer
Sold
12,348 shs ($80K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,348 | $6.4419 | $80K |
Holdings After Transaction:
Common Stock — 70,327 shares (Direct)
Footnotes (1)
- 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 Dr. Hanrahan on August 16, 2024 effecting the sell-to-cover election. The sale does not represent a discretionary trade by Dr. Hanrahan. 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.
FAQ
What insider transaction did SLDB Chief Regulatory Officer report on February 4, 2026?
SLDB’s Chief Regulatory Officer, Jessie Hanrahan, reported selling 12,348 shares of common stock on February 4, 2026 at a weighted average price of $6.4419 per share. The transaction was related to tax withholding following the vesting of restricted stock units.
Is the SLDB insider sale by Jessie Hanrahan considered discretionary trading?
No, the filing specifies that the sale does not represent a discretionary trade by Jessie Hanrahan. It was carried out under a durable automatic sale instruction to effect a sell-to-cover election for withholding taxes upon vesting of restricted stock units.
What is Jessie Hanrahan’s role at Solid Biosciences (SLDB) in this Form 4?
In this Form 4, Jessie Hanrahan is identified as an officer of Solid Biosciences, serving as Chief Regulatory Officer. The reported transaction involves common stock held directly, associated with compensation in the form of restricted stock units that recently vested.