Tango Therapeutics (TNGX) CFO reports RSUs, option grant and tax sale
Rhea-AI Filing Summary
Tango Therapeutics Chief Financial Officer Daniella Beckman reported new equity awards and related tax sales. On February 2, 2026, she acquired 44,330 shares of common stock for $0, representing restricted stock units that vest in three tranches through February 2029, and received a stock option for 265,980 shares at an exercise price of $11.94 per share, vesting over four years.
On February 3, 2026, she sold 10,204 and 113 shares of common stock at weighted average prices of $12.2573 and $12.8971, respectively, under the company’s automatic “sell-to-cover” policy for tax withholding tied to RSU vesting. After these transactions, she held 184,297 shares of common stock and 265,980 stock options, all reported as directly owned.
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FAQ
What insider transactions did Tango Therapeutics (TNGX) CFO report?
The CFO reported new equity awards and small stock sales. She received restricted stock units and a large stock option grant, then sold a limited number of shares to cover tax withholding obligations tied to vesting, while retaining a substantial direct equity position in Tango Therapeutics.
How many Tango Therapeutics (TNGX) shares does the CFO hold after these trades?
After the reported transactions, the CFO directly holds 184,297 shares of common stock. She also holds a stock option for 265,980 shares, providing additional potential equity exposure if the options vest and are later exercised under their stated terms.
What equity awards did the Tango Therapeutics (TNGX) CFO receive?
She received 44,330 restricted stock units, each representing one common share, and a stock option covering 265,980 shares at an exercise price of $11.94. The RSUs vest over three years, while the option vests over four years, subject to continued service.
When do the Tango Therapeutics (TNGX) CFO’s RSUs vest?
The RSUs vest in three installments: 33% on February 1, 2027, 33% on February 14, 2028, and 34% on February 12, 2029. Vesting is conditioned on her continuous service with Tango Therapeutics through each specified vesting date.
Why did the Tango Therapeutics (TNGX) CFO sell shares on February 3, 2026?
The sales were executed under Tango Therapeutics’ “sell-to-cover” policy. Shares were sold solely to satisfy tax withholding obligations triggered by vesting restricted stock units and were automatic, not discretionary trades initiated for portfolio or liquidity reasons.
What are the terms of the Tango Therapeutics (TNGX) CFO’s new stock option?
The new option covers 265,980 shares of common stock at an exercise price of $11.94 per share. It vests 25% on January 1, 2027, with the remainder vesting in 36 equal monthly installments, contingent on continued service.