Protara CCO has 6,008 shares withheld for taxes
Protara Therapeutics, Inc. Chief Commercial Officer William Conkling reported a routine tax-related share disposition.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Protara Therapeutics, Inc. Chief Commercial Officer William Conkling reported a routine tax-related share disposition. On June 2, 2026, 6,008 shares of common stock were withheld by the company at $4.34 per share to cover income tax obligations from the vesting of Restricted Stock Unit Awards granted on June 2, 2025. After this withholding, Conkling directly holds 69,992 shares of Protara common stock. This transaction was not an open-market purchase or sale, but an administrative step tied to equity compensation.
Insights
Routine tax withholding on RSU vesting; no open-market trade.
The filing shows Protara Therapeutics Chief Commercial Officer William Conkling had 6,008 shares withheld at $4.34 per share to satisfy income taxes on vesting Restricted Stock Units granted on June 2, 2025. Code F indicates this was a tax-withholding disposition.
This type of transaction is a standard equity-compensation mechanism rather than a discretionary trade in the company’s stock. Following the withholding, Conkling directly holds 69,992 common shares, suggesting he maintains a meaningful equity stake. There are no remaining derivative positions listed in this filing.
Because the event is administrative and not an open-market buy or sell, it typically carries limited informational value about management’s view of the stock. Future company filings may provide additional context on overall executive equity holdings and compensation structure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 6,008 | $4.34 | $26K |
Footnotes (1)
- F1. 1. Represents shares withheld by the Issuer to satisfy income tax obligations associated with the vesting of Restricted Stock Unit Awards granted to the Reporting Person on June 2, 2025.
Key Figures
Key Terms
Restricted Stock Unit Awards financial
income tax obligations financial
transaction code F regulatory
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Protara Therapeutics (TARA) report for William Conkling?
Was the Protara Therapeutics (TARA) Form 4 transaction an open-market sale?
What does transaction code F mean in the Protara Therapeutics (TARA) Form 4?
Does the Protara Therapeutics (TARA) Form 4 show any option exercises or derivative transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.