Tenaya Therapeutics (TNYA) SVP sells 1,485 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tenaya Therapeutics, Inc. SVP of Finance Tomohiro Higa reported an open-market sale of 1,485 shares of common stock on May 18, 2026 at an average price of $0.7932 per share. According to the disclosure, these shares were sold to cover tax withholding obligations tied to the vesting of restricted stock units granted on August 15, 2024.
After this transaction, Higa directly holds 118,267 shares of Tenaya common stock. This figure includes 67,938 shares that will be issued to him upon future vesting of restricted stock units, indicating that the sale represents a small portion of his overall equity exposure.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,485 shares ($1,178)
Net Sell
1 txn
Insider
Higa Tomohiro
Role
SVP, Finance
Sold
1,485 shs ($1K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,485 | $0.7932 | $1K |
Holdings After Transaction:
Common Stock — 118,267 shares (Direct, null)
Footnotes (1)
- Shares sold to cover tax withholding obligations in connection with the vesting of restricted stock units awarded on August 15, 2024. Includes 67,938 shares of Tenaya Therapeutics, Inc. common stock that will be issued to the Reporting Person upon vesting of restricted stock units.
Key Figures
Shares sold: 1,485 shares
Sale price per share: $0.7932 per share
Shares held after transaction: 118,267 shares
+2 more
5 metrics
Shares sold
1,485 shares
Open-market sale on May 18, 2026
Sale price per share
$0.7932 per share
Average price for the 1,485 shares sold
Shares held after transaction
118,267 shares
Direct holdings following the reported sale
RSU-linked shares included
67,938 shares
Will be issued upon vesting of restricted stock units
RSU grant date
August 15, 2024
Restricted stock units whose vesting triggered tax obligations
Key Terms
restricted stock units, tax withholding obligations, open-market sale, common stock
4 terms
restricted stock units financial
"vesting of restricted stock units awarded on August 15, 2024"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Shares sold to cover tax withholding obligations in connection with the vesting"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
common stock financial
"Includes 67,938 shares of Tenaya Therapeutics, Inc. common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Tenaya Therapeutics (TNYA) report for Tomohiro Higa?
Tenaya Therapeutics reported that SVP, Finance Tomohiro Higa sold 1,485 shares of common stock. The shares were sold in an open-market transaction primarily to cover tax withholding obligations related to restricted stock units that recently vested.
Do Tomohiro Higa’s remaining Tenaya Therapeutics (TNYA) holdings include unvested RSUs?
Yes. His reported 118,267-share position includes 67,938 Tenaya shares that will be issued upon vesting of restricted stock units. These RSUs represent part of his ongoing equity compensation and contribute to his overall exposure to the company’s stock.