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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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,204 | $12.2573 | $125K |
| Sale | Common Stock | 113 | $12.8971 | $1K |
| Grant/Award | Stock Option (Right to Buy) | 265,980 | $0.00 | -- |
| Grant/Award | Common Stock | 44,330 | $0.00 | -- |
Footnotes (1)
- These shares are represented by restricted stock units (the "RSUs"). Each RSU represents a contingent right to receive one share of Common Stock of the Issuer. The RSUs will vest over a three year period at a rate of 33% on February 1, 2027, 33% on February 14, 2028 and 34% on February 12, 2029, subject to the Reporting Person's continuous service with the Issuer as of each such vesting date. The Issuer has adopted a "sell-to-cover" policy to satisfy the tax withholding obligations of the Reporting Person. The sales reported on this Form 4 represent the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. Such sales were automatic and not at the discretion of the Reporting Person. Represents the weighted average sales price per share. The shares sold at prices ranging from $11.88 to $12.875 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. Represents the weighted average sales price per share. The shares sold at prices ranging from $12.88 to $12.91 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. This option shall vest and become exercisable over a four-year period, at a rate of 25% on January 1, 2027 with the remaining option shares vesting in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous service with the Issuer as of each such vesting date.
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.
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.
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.