Scholar Rock (SRRK) CFO executes 10,410-share tax sell-to-cover after RSU vesting
Rhea-AI Filing Summary
Scholar Rock Holding Corp's Chief Financial Officer Vikas Sinha reported an open-market sale of 10,410 shares of common stock at an average price of $49.5745 per share on April 16, 2026. According to the footnotes, this sale was required solely to cover tax withholding obligations tied to restricted stock units that vested on April 15, 2026, under the company’s equity incentive plans and was not a discretionary trade.
After this transaction, Sinha’s reported equity position totals 619,856 equity-linked interests, consisting of 47,835 shares of common stock, 122,021 time-based RSUs, and 450,000 RSUs subject to performance- and time-based vesting conditions. The RSU awards referenced in the transaction were granted on April 27, 2025 and vest annually over four years, contingent on continued service.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,410 | $49.5745 | $516K |
Footnotes (1)
- Represents the number of shares required to be sold by the reporting person to cover the tax withholding obligation in connection with the vesting of restricted stock units ("RSUs") on April 15, 2026. This sale is mandated by the Issuer's election under its equity incentive plans to require the reporting person to fund this tax withholding obligation by completing a "sell to cover" transaction with a brokerage firm designated by the Issuer. This sale does not represent a discretionary trade by the reporting person. The shares vested pursuant to awards that were granted on April 27, 2025. Each RSU represents the contingent right to receive upon vesting of the RSU, one share of the Issuer's common stock. The shares subject to these RSU awards vest annually over four years, subject to a continued service relationship with the Issuer on the applicable vesting date. Consists of 47,835 shares of common stock, 122,021 RSUs subject to time-based vesting conditions and 450,000 RSUs subject to performance- and time-based vesting conditions.