Protara Therapeutics (TARA) CEO has 8,732 shares withheld for taxes
Rhea-AI Filing Summary
Protara Therapeutics CEO and President Jesse Shefferman, a director of Protara Therapeutics, Inc. (TARA), reported a routine share withholding related to equity compensation. On January 26, 2026, the company withheld 8,732 shares of common stock at $6.67 per share to cover income tax obligations tied to the vesting of a restricted stock unit award granted on January 24, 2025. After this tax withholding, Shefferman beneficially owns 1,021,832 shares of Protara common stock directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 8,732 | $6.67 | $58K |
Footnotes (1)
- F1. Represents shares withheld by the Issuer to satisfy income tax obligations associated with the vesting of a Restricted Stock Unit Award granted to the Reporting Person on January 24, 2025.
FAQ
What insider transaction did Protara Therapeutics (TARA) report for Jesse Shefferman?
Protara Therapeutics reported that CEO and President Jesse Shefferman had 8,732 shares of common stock withheld on January 26, 2026 to cover income tax obligations from a vested restricted stock unit award.
Was the Protara Therapeutics (TARA) insider transaction a sale in the open market?
No. The filing shows an F-code transaction, which represents shares withheld by the issuer to satisfy tax obligations upon vesting of a restricted stock unit award, rather than an open-market sale.
What is the origin of the equity underlying this Protara Therapeutics (TARA) Form 4 transaction?
The shares withheld relate to the vesting of a Restricted Stock Unit Award that was granted to Jesse Shefferman on January 24, 2025, as stated in the filing footnote.
What is Jesse Shefferman’s role at Protara Therapeutics (TARA)?
According to the filing, Jesse Shefferman is a director and serves as CEO and President of Protara Therapeutics, Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.