Tectonic Therapeutic (TECX) CEO logs routine tax withholding on vested RSUs
Rhea-AI Filing Summary
Tectonic Therapeutic, Inc. Chief Executive Officer Alise Reicin reported routine share movements related to equity compensation. The company withheld 924 shares of Common Stock at $30.34 per share to cover her tax obligations when restricted stock units granted on December 4, 2024 vested and settled. After this tax-withholding disposition, she directly holds 310,623 shares of Common Stock. A separate entry shows 127,030 shares held indirectly through the Reicin-Boiarsky Family Trust, where she may share voting and dispositive power but disclaims beneficial ownership beyond her pecuniary interest. These events reflect compensation mechanics rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insights
Filing shows routine tax withholding on vested stock units, not an open-market sale.
The CEO of Tectonic Therapeutic, Alise Reicin, had 924 shares withheld at $30.34 per share to pay taxes on vested restricted stock units granted on December 4, 2024. This is a standard equity-compensation mechanism.
Following the disposition, she holds 310,623 shares directly and 127,030 shares are reported as held by the Reicin-Boiarsky Family Trust. She may share voting and dispositive power for the trust position but disclaims beneficial ownership beyond her pecuniary interest.
The tax-withholding amount is small relative to her total reported holdings, and there are no derivative exercises or open-market trades in this filing. Overall, the information appears administratively routine and does not materially alter the company’s insider ownership picture.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 924 | $30.34 | $28K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- This transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of the restricted stock units granted on December 4, 2024. These shares are held by the Reicin-Boiarsky Family Trust (the "Trust"). The Reporting Person's spouse is a co-trustee of the Trust. Accordingly, the Reporting Person may be deemed to have shared voting and dispositive power over the securities held by the Trust. The Reporting Person disclaims beneficial ownership of the shares held by the Trust except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.