Soleno Therapeutics (SLNO) officer reports RSU-related share withholding
Rhea-AI Filing Summary
Soleno Therapeutics insider reports routine tax withholding transaction. A senior officer of Soleno Therapeutics Inc. reported an automatic disposition of company stock related to vested restricted stock units on December 15, 2025.
The filing shows that 904 shares of common stock were withheld by the company at a price of $49.95 per share to cover the officer's tax obligations when RSUs vested. After this transaction, the officer beneficially owned 27,239 shares of Soleno Therapeutics common stock. The reported RSUs each represent a contingent right to receive one share of common stock, subject to vesting conditions.
The reporting person serves as SVP Global Clinical Operations and Patient Advocacy, and this filing reflects a standard administrative equity compensation event rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 904 | $49.95 | $45K |
Footnotes (1)
- Represents shares that have been withheld by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the settlement of restricted stock units ("RSUs") which vested on December 15, 2025. Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
FAQ
What insider transaction did Soleno Therapeutics (SLNO) report in this Form 4?
The Form 4 reports that a Soleno Therapeutics officer had 904 shares of common stock withheld on December 15, 2025 to satisfy tax withholding obligations arising from the vesting of restricted stock units.
What do the Soleno Therapeutics restricted stock units (RSUs) represent in this Form 4?
The filing explains that certain securities are RSUs, with each RSU representing a contingent right to receive one share of common stock, subject to applicable vesting schedules and conditions.
What is the role of the reporting person at Soleno Therapeutics (SLNO)?
The reporting person is identified as an officer of Soleno Therapeutics with the title SVP Global Clinical Operations and Patient Advocacy.
Was this Soleno Therapeutics (SLNO) Form 4 filed for one or multiple reporting persons?
The document indicates that the Form 4 was filed by one reporting person, not by a group or joint filers.