Sarepta COO reports routine tax share withholding
Sarepta Therapeutics, Inc. Chief Operating Officer Ian Michael Estepan reported a routine tax-related share disposition.
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Rhea-AI Filing Summary
Sarepta Therapeutics, Inc. Chief Operating Officer Ian Michael Estepan reported a routine tax-related share disposition. On March 11, he had 1,097 shares of common stock withheld by the company at $17.03 per share to cover tax obligations tied to vesting of restricted stock units granted on March 10, 2025. After this withholding, he directly held 201,983 shares of Sarepta common stock, indicating he retains a substantial equity position in the company.
Insights
Routine tax withholding; no open-market buying or selling.
The filing shows Sarepta Therapeutics COO Ian Michael Estepan had 1,097 common shares withheld at $17.03 per share to satisfy tax obligations on vested restricted stock units granted on March 10, 2025. This is coded as a tax-withholding disposition.
Tax-withholding events are compensation mechanics rather than discretionary trades. No open-market purchases or sales were reported, and Estepan’s direct holdings stand at 201,983 shares after the transaction, suggesting the economic impact relative to his total position is minor.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,097 | $17.03 | $19K |
Footnotes (1)
- F1. Shares were withheld by the Company to satisfy tax withholding obligations related to vesting of restricted stock units granted on March 10, 2025.
FAQ
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What insider transaction did Sarepta Therapeutics (SRPT) report for Ian Michael Estepan?
Was the Sarepta Therapeutics (SRPT) Form 4 a market sale by the COO?
Does the Sarepta (SRPT) Form 4 indicate options or derivative exercises by the COO?
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