UroGen GC sells 1,519 shares to cover taxes
UroGen Pharma’s General Counsel settled RSUs and sold shares mainly to cover withholding taxes from the vesting.
Rhea-AI Filing Summary
UroGen Pharma Ltd. (URGN) reported that General Counsel Jason Drew Smith settled a tranche of equity awards and related tax obligations. On September 7, 2026, he exercised 3,334 Restricted Stock Units, receiving an equal number of ordinary shares at no cash exercise price. On September 8, 2026, 1,519 ordinary shares were sold at $42.54 per share to satisfy withholding tax obligations tied to this RSU settlement; no Rule 10b5-1 trading plan is reported.
The RSUs exercised are part of a grant awarded on September 7, 2023 covering 10,000 ordinary shares, scheduled to vest in three equal annual installments beginning September 7, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F2 | 1,519 | $42.54 | $65K |
| Exercise | Restricted Stock Units F1, F3 | 3,334 | $0.00 | $0.00 |
| Exercise | Ordinary Shares F1 | 3,334 | -- | -- |
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one ordinary share of the Issuer.
- F2. Represents shares sold to satisfy withholding tax obligations upon the settlement of restricted stock units.
- F3. The reporting person was granted RSUs on September 7, 2023 representing 10,000 ordinary shares. The RSUs will vest in three equal annual installments from September 7, 2024.
Key Figures
Key Terms
Restricted Stock Units financial
withholding tax obligations financial
contingent right financial
FAQ
What insider transactions did URGN’s General Counsel report on this Form 4?
How many Restricted Stock Units did URGN’s General Counsel vest and convert?
Were the URGN insider transactions made under a Rule 10b5-1 trading plan?
What RSU grant underlies the 2026 transactions for URGN’s General Counsel?
Did the derivative RSU position remain after these URGN transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.