Tax-cover sale and RSU vesting at Solid Biosciences (SLDB)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Solid Biosciences Inc. director Ilan Ganot reported routine equity compensation activity and a small tax-related share sale. On January 27, 2026, previously granted restricted stock units converted one-for-one into common stock, including 389 shares for his wife and 3,884 shares for him.
On January 28, 2026, 191 common shares indirectly held through his wife were sold at $6.59 per share to cover withholding taxes under a pre-established automatic sell-to-cover instruction and were not a discretionary trade. Following these events, he beneficially owns 95,255 shares individually, 4,042 shares jointly with Annie Ganot, 17,476 shares indirectly through his wife, and 19,394 shares through the Ilan Ganot 2017 Irrevocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 191 shares ($1,259)
Net Sell
6 txns
Insider
Ganot Ilan
Role
Director
Sold
191 shs ($1K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 191 | $6.59 | $1K |
| Exercise | Restricted Stock Units | 389 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,884 | $0.00 | -- |
| Exercise | Common Stock | 389 | $0.00 | -- |
| Exercise | Common Stock | 3,884 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 17,476 shares (Indirect, Wife);
Restricted Stock Units — 0 shares (Indirect, Wife);
Restricted Stock Units — 0 shares (Direct);
Common Stock — 99,297 shares (Direct)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. This sale was made to cover withholding taxes following the vesting of the previously granted restricted stock units pursuant to a durable automatic sales instruction letter adopted by Ms. Ganot on September 25, 2024 effecting the sell-to-cover election. The sale does not represent a discretionary trade by Ms. Ganot. Represents 95,255 shares held by Mr. Ganot as an individual, and 4,042 shares held by Mr. Ganot and Annie Ganot as joint tenants with right of survivorship. Represents 19,394 shares held by Adam Ganot and Annie Ganot, and their successors, as the trustees for the Ilan Ganot 2017 Irrevocable Trust dated March 3, 2017. On January 27, 2022 (the "Grant Date") Ms. Ganot was granted 1,553 restricted stock units, vesting in four equal installments on the anniversary of the Grant Date. On the Grant Date, the reporting person was granted 15,533 restricted stock units, vesting in four equal installments on the anniversary of the Grant Date.
FAQ
What insider transactions did SLDB director Ilan Ganot report?
Ilan Ganot reported RSU conversions into common stock and a small related share sale. On January 27, 2026, 389 shares for his wife and 3,884 shares for him were issued from vested restricted stock units, followed by a 191-share tax-cover sale on January 28, 2026.
What RSU vesting and conversions did Ilan Ganot disclose for SLDB?
The filing shows conversion of previously granted restricted stock units into common stock on a one-for-one basis. On January 27, 2026, 389 RSUs related to his wife and 3,884 RSUs held directly by him converted into an equal number of Solid Biosciences common shares at a $0.00 exercise price.