SOPHiA GENETICS CSO sells shares for tax withholding
SOPHiA GENETICS SA Chief Scientific Officer Zhenyu Xu reported open-market sales of ordinary shares tied to tax withholding on recently vested restricted stock units.
Rhea-AI Filing Summary
SOPHiA GENETICS SA Chief Scientific Officer Zhenyu Xu reported open-market sales of ordinary shares tied to tax withholding on recently vested restricted stock units. The transactions covered a total of 5,100 shares at weighted average prices around $4.86 per share.
According to the disclosure, the sales were executed under a pre-established Rule 10b5-1 trading plan and are described as non-discretionary trades to satisfy tax obligations. Following these transactions, Xu directly holds 644,952 ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,100 shares
Net Sell
2 txns
Insider
Xu Zhenyu
Role
Chief Scientific Officer
Sold
5,100 shs ($25K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 2,400 | $4.8663 | $12K |
| Sale | Ordinary Shares | 2,700 | $4.852 | $13K |
Holdings After Transaction:
Ordinary Shares — 644,952 shares (Direct)
Footnotes (3)
- F1. Represents shares sold by the Reporting Person in the open market to satisfy tax withholding obligations arising in connection with the vesting of restricted stock units on April 2 and 3, 2026. These sales were effected pursuant to a pre-established Rule 10b5-1 trading plan adopted by the Reporting Person and do not represent discretionary trades.
- F2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $4.67 to $4.95, 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 written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $4.69 to $4.98, 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 written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold on 2026-04-07: 2,400 shares at $4.8663
Shares sold on 2026-04-06: 2,700 shares at $4.8520
Total shares sold: 5,100 shares
+3 more
6 metrics
Shares sold on 2026-04-07
2,400 shares at $4.8663
Open-market sale of ordinary shares
Shares sold on 2026-04-06
2,700 shares at $4.8520
Open-market sale of ordinary shares
Total shares sold
5,100 shares
Net open-market sales reported in this Form 4
Shares held after transactions
644,952 shares
Direct ownership of ordinary shares post-transaction
Price range 2026-04-06
$4.69–$4.98
Weighted average sale price range per footnote
Price range 2026-04-07
$4.67–$4.95
Weighted average sale price range per footnote
Key Terms
Rule 10b5-1 trading plan, restricted stock units, weighted average price, open market
4 terms
Rule 10b5-1 trading plan financial
"These sales were effected pursuant to a pre-established Rule 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"tax withholding obligations arising in connection with the vesting of restricted stock units on April 2 and 3, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average price financial
"The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market financial
"Represents shares sold by the Reporting Person in the open market to satisfy tax withholding obligations"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SOPHiA GENETICS (SOPH) report for Zhenyu Xu?
SOPHiA GENETICS reported that Chief Scientific Officer Zhenyu Xu sold 5,100 ordinary shares in two open-market transactions. These sales were linked to tax withholding on vested restricted stock units and were executed under a pre-established Rule 10b5-1 trading plan.
Were the SOPHiA GENETICS insider sales part of a Rule 10b5-1 plan?
Yes. The footnotes explain that the sales were effected under a pre-established Rule 10b5-1 trading plan adopted by the reporting person. Such plans schedule trades in advance, which the filing notes means these specific sales do not represent discretionary trading decisions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
