SOPHiA GENETICS (SOPH) CSO Xu sheds 7,393 shares in tax-related Rule 10b5-1 sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SOPHiA GENETICS SA Chief Scientific Officer Zhenyu Xu sold 7,393 Ordinary Shares in an open-market transaction at a weighted average price of $5.1727 per share. The sale was executed to cover tax withholding obligations from recent restricted stock unit vesting under a pre-established Rule 10b5-1(c) trading plan and does not represent a discretionary trade. Following this transaction, Xu directly holds 614,887 Ordinary Shares, indicating he retains a large continuing stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 7,393 shares ($38,242)
Net Sell
1 txn
Insider
Xu Zhenyu
Role
Chief Scientific Officer
Sold
7,393 shs ($38K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 7,393 | $5.1727 | $38K |
Holdings After Transaction:
Ordinary Shares — 614,887 shares (Direct, null)
Footnotes (1)
- 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. 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 $5.43, 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: 7,393 shares
Weighted average sale price: $5.1727 per share
Post-transaction holdings: 614,887 shares
+2 more
5 metrics
Shares sold
7,393 shares
Open-market sale on July 6, 2026
Weighted average sale price
$5.1727 per share
Ordinary Shares sale to cover tax withholding
Post-transaction holdings
614,887 shares
Ordinary Shares directly owned after sale
Sale price range
$4.97–$5.43 per share
Multiple transactions within this price band
Net share change
-7,393 shares
Net-sell direction from transaction summary
Key Terms
restricted stock units, Rule 10b5-1(c) trading plan, weighted average price, open market
4 terms
restricted stock units financial
"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.
Rule 10b5-1(c) trading plan regulatory
"These sales were effected pursuant to a pre-established Rule 10b5-1(c) trading plan"
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.
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.
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
What role does Zhenyu Xu hold at SOPHiA GENETICS (SOPH) in this insider filing?
Zhenyu Xu is identified as the Chief Scientific Officer of SOPHiA GENETICS SA. His Form 4 filing reports a tax-related sale of company shares following restricted stock unit vesting, while maintaining a substantial continuing equity stake in the business.