SOPHiA CTO sells 5,285 shares for tax withholding
SOPHiA GENETICS SA Chief Technology Officer Abhimanyu Verma reported a sale of 5,285 Ordinary Shares in an open-market transaction.
Rhea-AI Filing Summary
SOPHiA GENETICS SA Chief Technology Officer Abhimanyu Verma reported a sale of 5,285 Ordinary Shares in an open-market transaction. The weighted average sale price was about $5.10 per share, with individual trades between $4.97 and $5.41.
According to the footnotes, these shares were sold to satisfy tax withholding obligations tied to restricted stock units that vested on July 2 and July 3, 2026. The transactions were executed under a pre-established Rule 10b5-1(c) trading plan and are described as non-discretionary. After the sale, Verma directly holds 192,171 Ordinary Shares.
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Insider Trade Summary 10b5-1
Net Seller: 5,285 shares
Net Sell
1 txn
Insider
Verma Abhimanyu
Role
Chief Technology Officer
Sold
5,285 shs ($27K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 5,285 | $5.1007 | $27K |
Holdings After Transaction:
Ordinary Shares — 192,171 shares (Direct)
Footnotes (2)
- 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 July 2 and July 3, 2026. These sales were effected pursuant to a pre-established Rule 10b5-1(c) 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 $4.97 to $5.41, 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: 5,285 shares
Weighted average sale price: $5.1007 per share
Sale price range: $4.97–$5.41 per share
+2 more
5 metrics
Shares sold
5,285 shares
Open-market sale on July 6, 2026
Weighted average sale price
$5.1007 per share
Ordinary Shares sold by CTO
Sale price range
$4.97–$5.41 per share
Multiple executions within this range
Shares held after transaction
192,171 shares
Direct ownership following sale
RSU vesting dates
July 2 and July 3, 2026
Tax obligations triggering the sale
Key Terms
Rule 10b5-1(c) trading plan, restricted stock units, tax withholding obligations, weighted average price
4 terms
Rule 10b5-1(c) trading plan regulatory
"These sales were effected pursuant to a pre-established Rule 10b5-1(c) trading plan adopted by the Reporting Person"
A Rule 10b5-1(c) trading plan is a legally defined, pre-set schedule that lets company insiders automatically buy or sell stock at specified times or under set formulas when they are not in possession of undisclosed, sensitive information. Think of it like an automatic payment plan for trades: because the instructions are written in advance, trades under the plan help protect insiders from allegations of trading on secret information and give investors clearer expectations about when insiders will transact, which can affect liquidity and perceived transparency.
restricted stock units financial
"tax withholding obligations arising in connection with the vesting of restricted stock units on July 2 and July 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.
tax withholding obligations financial
"shares sold by the Reporting Person in the open market to satisfy tax withholding obligations arising in connection with the vesting"
weighted average price financial
"The price reported in Column 4 is a weighted average price"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SOPHiA GENETICS (SOPH) report for Abhimanyu Verma?
SOPHiA GENETICS reported that CTO Abhimanyu Verma sold 5,285 Ordinary Shares. The sale was an open-market transaction primarily to cover tax withholding on recently vested restricted stock units, rather than a discretionary portfolio decision.
Was the SOPHiA GENETICS (SOPH) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the sales were executed under a pre-established Rule 10b5-1(c) trading plan. Such plans schedule trades in advance, which reduces the significance of the exact timing as an indicator of the insider’s current view on the stock.
What does the price range in Abhimanyu Verma’s SOPHiA GENETICS sale mean?
The filing notes that the reported price is a weighted average, with individual trades between $4.97 and $5.41. This indicates multiple executions across that range, and the insider has committed to provide detailed per-trade information upon written request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
