Entrada Therapeutics CFO sells 1,733 shares for taxes
Entrada Therapeutics’ CFO had shares automatically sold to cover tax withholding tied to an equity award, leaving a six-figure direct holding.
Rhea-AI Filing Summary
Entrada Therapeutics, Inc. (TRDA) reported that its Chief Financial Officer, Kory James Wentworth, had 1,733 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 tax-withholding transaction, the CFO directly held 117,277 shares of Entrada Therapeutics common stock.
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Insider Trade Summary
Tax Withholding: 1,733 shares
Tax Withholding
1 txn
Insider
WENTWORTH KORY JAMES
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 1,733 | $7.1439 | $12K |
Holdings After Transaction:
Common Stock — 117,277 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: 1,733 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
1,733 shares
Common stock disposed on September 2, 2026 to cover tax withholding
Weighted average sale price
$7.1439 per share
Price for 1,733 shares sold under mandatory sell-to-cover
Sale price range
$6.97–$7.34 per share
Range of prices for multiple transactions included in the weighted average
Shares held after transaction
117,277 shares
Directly owned Entrada Therapeutics common stock after 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 TRDA report for its CFO on September 2, 2026?
TRDA reported that CFO Kory James Wentworth had 1,733 common shares disposed of on September 2, 2026 to cover minimum statutory tax withholding obligations under a mandatory sell-to-cover provision tied to an equity award.
Was the TRDA CFO’s September 2, 2026 transaction a discretionary sale?
No. The filing states the sale does not represent a discretionary trade by the CFO. Shares were automatically sold by the company pursuant to a mandatory sell-to-cover provision in the award agreement to satisfy tax withholding.
Was the TRDA CFO’s tax-withholding transaction under a Rule 10b5-1 plan?
No. The Rule 10b5-1 checkbox is not marked as affirming a trading plan, and the footnotes describe a mandatory sell-to-cover mechanism rather than a discretionary Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.