Entrada Therapeutics COO sells 2,528 shares for taxes
Entrada Therapeutics’ President & COO had shares automatically sold to cover tax withholding, leaving him with 196,060 directly held shares.
Rhea-AI Filing Summary
Entrada Therapeutics, Inc. (TRDA) reported that its President & COO, Nathan J. Dowden, had 2,528 shares of common stock disposed of on September 2, 2026 to satisfy minimum statutory tax withholding obligations. The shares were automatically sold by the company under a mandatory sell-to-cover provision and were not a discretionary trade. After this withholding-related sale, Dowden directly holds 196,060 shares of Entrada Therapeutics common stock.
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Insider Trade Summary
Tax Withholding: 2,528 shares
Tax Withholding
1 txn
Insider
Dowden Nathan J
Role
President & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 2,528 | $7.1439 | $18K |
Holdings After Transaction:
Common Stock — 196,060 shares (Direct)
Footnotes (2)
- F1. Represents shares automatically sold by the Company on behalf of the reporting person pursuant to a mandatory sell-to-cover provision in the award agreement required to cover minimum statutory tax withholding obligations. The sale does not represent a discretionary trade by the reporting person.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.97 to $7.34, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares disposed for tax withholding: 2,528 shares
Weighted average sale price: $7.1439 per share
Sale price range: $6.97–$7.34 per share
+1 more
4 metrics
Shares disposed for tax withholding
2,528 shares
Common stock automatically sold on September 2, 2026 to cover tax withholding
Weighted average sale price
$7.1439 per share
Weighted average for the tax-withholding sale of 2,528 shares
Sale price range
$6.97–$7.34 per share
Range of prices for multiple transactions included in the weighted average
Shares held after transaction
196,060 shares
Directly held by Nathan J. Dowden after the September 2, 2026 transaction
Key Terms
sell-to-cover, weighted average price, statutory tax withholding obligations
3 terms
sell-to-cover financial
"pursuant to a mandatory sell-to-cover provision in the award agreement"
Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
statutory tax withholding obligations financial
"required to cover minimum statutory tax withholding obligations."
FAQ
What insider transaction did Entrada Therapeutics (TRDA) disclose for Nathan J. Dowden?
Entrada Therapeutics disclosed that President & COO Nathan J. Dowden had 2,528 shares of common stock automatically sold on September 2, 2026 to cover minimum statutory tax withholding obligations under a mandatory sell-to-cover provision.
Was the TRDA insider transaction by Nathan J. Dowden a discretionary trade?
No. The filing states the shares were automatically sold by the company under a mandatory sell-to-cover provision to cover tax withholding, and that the sale does not represent a discretionary trade by Nathan J. Dowden.
Was a Rule 10b5-1 trading plan involved in the TRDA Form 4 transaction?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, and the footnotes describe the transaction as an automatic mandatory sell-to-cover to satisfy tax withholding obligations, not a discretionary or plan-based trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.