Entrada CEO sells 8,724 shares to cover taxes
Entrada Therapeutics’ CEO reported a mandatory sell-to-cover tax-withholding share disposition, with overall holdings remaining above half a million shares.
Rhea-AI Filing Summary
Entrada Therapeutics, Inc. (TRDA) director and CEO Dipal Doshi reported a Form 4 transaction involving 8,724 shares of common stock on September 2, 2026. The shares were disposed of at a weighted average price of $7.1439 under a mandatory sell-to-cover provision to satisfy minimum statutory tax withholding obligations and did not represent a discretionary trade. After this tax-withholding disposition, Doshi directly holds 517,290 shares of Entrada Therapeutics common stock.
Positive
- None.
Negative
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Insider Trade Summary
Tax Withholding: 8,724 shares
Tax Withholding
1 txn
Insider
Doshi Dipal
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 8,724 | $7.1439 | $62K |
Holdings After Transaction:
Common Stock — 517,290 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: 8,724 shares
Weighted average sale price: $7.1439 per share
Sale price range: $6.97 to $7.34 per share
+1 more
4 metrics
Shares disposed for tax withholding
8,724 shares
Mandatory sell-to-cover transaction on September 2, 2026
Weighted average sale price
$7.1439 per share
Tax-withholding disposition of 8,724 shares
Sale price range
$6.97 to $7.34 per share
Multiple trades comprising the reported weighted average price
Shares held after transaction
517,290 shares
Direct holdings of CEO Dipal Doshi after September 2, 2026 transaction
Key Terms
sell-to-cover, mandatory sell-to-cover provision, weighted average price, statutory tax withholding obligations
4 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.
mandatory sell-to-cover provision financial
"pursuant to a mandatory sell-to-cover provision in the award agreement"
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’s CEO Dipal Doshi report on this Form 4?
Dipal Doshi reported a disposition of 8,724 shares of Entrada Therapeutics common stock on September 2, 2026, executed as a mandatory sell-to-cover transaction to satisfy minimum statutory tax withholding obligations related to an equity award.
Was the TRDA Form 4 transaction a discretionary sale by the CEO?
No. The filing states the shares were automatically sold by the company under a mandatory sell-to-cover provision in the award agreement to cover tax withholding, and that the sale does not represent a discretionary trade by Dipal Doshi.
Was the TRDA CEO’s Form 4 transaction made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and the footnotes describe the sale as pursuant to a mandatory sell-to-cover provision, not as a Rule 10b5-1 trading plan.
What is the nature of the code F transaction reported for TRDA’s CEO?
The transaction is coded “F,” described as payment of tax liability by delivering or withholding securities. The filing states the company automatically sold the 8,724 shares to cover minimum statutory tax withholding obligations tied to an equity award.
AI-generated analysis. How Rhea-AI works. Not financial advice.