Sarepta insider reports PSU vesting and tax share cuts
Sarepta Therapeutics, Inc. president of R&D and Tech Ops Louise Rodino-Klapac reported equity compensation activity.
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Rhea-AI Filing Summary
Sarepta Therapeutics, Inc. president of R&D and Tech Ops Louise Rodino-Klapac reported equity compensation activity. On March 1, 2026, 8,125 Performance Stock Units previously earned under a March 1, 2024 PSU award vested and were converted into the same number of common shares, based on the compensation committee’s milestone achievement determination. On March 2, 2026, the company withheld 3,718 and 767 common shares, respectively, at $16.20 per share to cover tax withholding obligations related to the vesting of PSU and RSU awards, leaving Rodino-Klapac with 227,670 directly held common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,718 | $16.20 | $60K |
| Exercise Price or Tax Liability | Common Stock | 767 | $16.20 | $12K |
| Exercise | Performance Stock Units | 8,125 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,125 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents the number of shares previously earned under a PSU award granted to the Reporting Person on March 1, 2024. The number of shares earned is based on the Compensation Committee's determination of the Company's achievement of the prescribed milestones under the terms of the PSU award. The shares vested on March 1, 2026.
- F2. Shares were withheld by the Company to satisfy tax withholding obligations related to vesting of a PSU award granted on March 1, 2024.
- F3. Shares were withheld by the Company to satisfy tax withholding obligations related to vesting of restricted stock units granted on March 1, 2024.
FAQ
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What insider transactions did Sarepta Therapeutics (SRPT) report for Louise Rodino-Klapac?
Were the Sarepta (SRPT) Form 4 transactions open-market stock sales?
What performance conditions were tied to the vested Sarepta (SRPT) PSU award?
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