Scholar Rock (SRRK) CHRO executes 9,035-share tax-withholding stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Scholar Rock Holding Corp's CHRO, Caryn Parlavecchio, reported a mandatory sale of common stock tied to tax withholding on vested RSUs. On this Form 4, she sold 9,035 shares of common stock in an open-market transaction at an average price of $46.5282 per share to cover tax obligations from restricted stock units that vested on February 15, 2026. The footnote explains this was a required "sell to cover" transaction under the company’s equity incentive plans and not a discretionary trade. After the sale, she beneficially owns 169,087 equity-linked interests, consisting of 86,859 shares of common stock and 82,228 RSUs that continue to vest annually over four years, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,035 shares ($420,382)
Net Sell
1 txn
Insider
Parlavecchio Caryn
Role
CHRO
Sold
9,035 shs ($420K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,035 | $46.5282 | $420K |
Holdings After Transaction:
Common Stock — 169,087 shares (Direct)
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 ("RSU") on February 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 February 13, 2023 and March 10, 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. (2) Consists of 86,859 shares of common stock and 82,228 RSUs.
FAQ
What insider transaction did Scholar Rock (SRRK) report for Caryn Parlavecchio?
Scholar Rock’s CHRO, Caryn Parlavecchio, reported selling 9,035 shares of common stock. The shares were sold in an open-market transaction to cover tax withholding obligations arising from the vesting of restricted stock units under the company’s equity incentive plans.
Was the SRRK insider sale by Caryn Parlavecchio a discretionary trade?
No, the sale was not discretionary. Footnotes state it was a mandated “sell to cover” transaction required by Scholar Rock’s equity incentive plans to fund tax withholding obligations when restricted stock units vested on February 15, 2026, rather than a voluntary portfolio decision.
What RSU vesting details are disclosed for Scholar Rock (SRRK) CHRO Caryn Parlavecchio?
The filing notes that the vested RSUs driving the tax sale came from awards granted February 13, 2023 and March 10, 2025. Each RSU represents one share of common stock, vesting annually over four years as long as her service relationship with Scholar Rock continues.