Entrada CEO Dipal Doshi sells shares for tax withholding; retains 415,664
Rhea-AI Filing Summary
Dipal Doshi, who serves as CEO and a director of Entrada Therapeutics, Inc. (TRDA), reported a sale of 8,723 shares of common stock on 09/02/2025 to cover tax withholding obligations arising from vested restricted stock units. The sale price shown is a weighted average of $5.4302 with reported trade prices ranging from $5.36 to $5.58. After this transaction, the reporting person beneficially owned 415,664 shares directly. The Form 4 was filed by one reporting person and signed by an attorney-in-fact on 09/04/2025.
Positive
- Transparent disclosure of sale purpose (tax withholding) and execution price range ($5.36–$5.58)
- Material ownership retained: 415,664 shares beneficially owned after the transaction
Negative
- None.
Insights
TL;DR: Insider sold a small block to cover taxes; remaining stake remains substantial.
The sale of 8,723 shares appears to be a routine disposition tied to tax withholding on vested RSUs rather than a discretionary cash-raising sale. The weighted-average sale price reported is $5.4302 with transactions between $5.36 and $5.58. With 415,664 shares remaining beneficially owned directly, the reporting person retains a material equity position. This Form 4 discloses no option exercises, additional grants, or other derivative transactions. For investors, this filing documents standard insider administrative activity without additional disclosed material changes to ownership structure.
TL;DR: Transaction is administrative; disclosure is complete and includes price range and purpose.
The filing clearly states the purpose (tax withholding for RSU vesting) and provides a weighted-average price plus the range of execution prices, which supports transparency. The report indicates direct beneficial ownership after the sale (415,664 shares) and is filed by a single reporting person. The signature by an attorney-in-fact is noted and dated. There are no indications of unusual trading codes or planned trading arrangements disclosed on this Form 4.