Solid Biosciences (SLDB) CFO executes 14,783-share automatic tax-cover sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Solid Biosciences Inc. CFO and Treasurer Kevin Tan reported an automatic sale of 14,783 shares of common stock on February 4, 2026. The shares were sold at a weighted average price of $6.4419 per share, in multiple trades between $6.28 and $6.60.
The sale was made solely to cover withholding taxes after previously granted restricted stock units vested, under a durable automatic sale instruction letter adopted on August 15, 2024, and is not a discretionary trade by Mr. Tan. Following this transaction, he directly holds 94,201 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 14,783 shares ($95,231)
Net Sell
1 txn
Insider
Tan Kevin
Role
CFO & Treasurer
Sold
14,783 shs ($95K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 14,783 | $6.4419 | $95K |
Holdings After Transaction:
Common Stock — 94,201 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 Mr. Tan on August 15, 2024 effecting the sell-to-cover election. The sale does not represent a discretionary trade by Mr. Tan. 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 CFO Kevin Tan report?
Kevin Tan reported an automatic sale of 14,783 Solid Biosciences common shares on February 4, 2026. The sale was made to cover withholding taxes following the vesting of restricted stock units under a pre-established instruction, rather than as a discretionary open-market trade.
What role does Kevin Tan hold at Solid Biosciences (SLDB)?
Kevin Tan is identified as an officer of Solid Biosciences, serving as Chief Financial Officer and Treasurer. The February 4, 2026 Form 4 reports his automatic sell-to-cover stock transaction and his resulting direct beneficial ownership of 94,201 common shares.