Soleno Therapeutics (SLNO) CCO reports RSU-related share withholding
Rhea-AI Filing Summary
Soleno Therapeutics insider updates equity holdings after RSU vesting
A Soleno Therapeutics officer, the Chief Commercial Officer, reported an automatic share withholding related to restricted stock units. On December 15, 2025, the company withheld 1,922 shares of common stock at $49.95 per share to cover the reporting person's tax obligations when RSUs vested on that date. After this tax withholding, the officer beneficially owned 43,429 shares of common stock, some of which are RSUs, with each RSU representing a contingent right to receive one share subject to its vesting schedule and conditions.
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FAQ
What insider transaction did Soleno Therapeutics (SLNO) report on this Form 4?
The filing reports that the Chief Commercial Officer had 1,922 shares of Soleno Therapeutics common stock withheld by the company on December 15, 2025 to satisfy tax withholding obligations related to the vesting of restricted stock units.
At what price were the Soleno Therapeutics (SLNO) shares withheld for taxes?
The 1,922 shares of common stock withheld to cover taxes were valued at $49.95 per share in the reported transaction.
How many Soleno Therapeutics (SLNO) shares does the reporting person own after this transaction?
Following the tax withholding transaction, the reporting person beneficially owned 43,429 shares of Soleno Therapeutics common stock.
What role does the reporting person hold at Soleno Therapeutics (SLNO)?
The reporting person is an officer of Soleno Therapeutics, serving as the company’s Chief Commercial Officer.
What are the restricted stock units (RSUs) mentioned for Soleno Therapeutics (SLNO)?
Certain securities in the filing are RSUs. Each RSU represents a contingent right to receive one share of Soleno Therapeutics common stock, subject to the applicable vesting schedule and conditions.
Why were Soleno Therapeutics (SLNO) shares withheld in this Form 4 filing?
The filing explains that the withheld shares represent stock that the issuer retained to satisfy the reporting person’s tax withholding obligations in connection with RSUs that vested on December 15, 2025.