Vera Therapeutics (VERA) exec sells shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vera Therapeutics SVP of Finance Joseph R. Young reported an open-market sale of 3,117 shares of Class A common stock on February 23, 2026, at a weighted-average price of $41.9839 per share. The shares were sold solely to cover tax withholding on vesting RSUs under a mandated sell-to-cover arrangement and were not a discretionary trade. After this transaction, Young directly held 64,722 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,117 shares ($130,864)
Net Sell
1 txn
Insider
Young Joseph R
Role
SVP, FINANCE, CHIEF ACCT OFFCR
Sold
3,117 shs ($131K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,117 | $41.9839 | $131K |
Holdings After Transaction:
Class A Common Stock — 64,722 shares (Direct)
Footnotes (1)
- The trading order for shares sold to cover tax withholding obligations associated with the vesting of restricted stock units (RSUs) of all participants for the Issuer, including the Reporting Person, occurred over a period of two (2) business days, beginning on February 23, 2026 and ending on February 24, 2026. Shares sold to solely satisfy tax withholding obligations incurred upon vesting of restricted stock units. The sale was mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell-to-cover" transaction and does not represent a discretionary trade by the reporting person. The price reported is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $41.005 to $42.84, inclusive. The Reporting Person will provide upon request to the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
FAQ
What did Vera Therapeutics (VERA) disclose in this Form 4 filing?
Vera Therapeutics disclosed that executive Joseph R. Young sold 3,117 shares of Class A common stock on February 23, 2026, at a weighted-average price of $41.9839 per share to cover tax withholding from vesting restricted stock units.
Was the Vera Therapeutics (VERA) insider trade discretionary or pre-mandated?
The sale was not discretionary. It was mandated by Vera Therapeutics’ equity incentive plans, which require tax withholding obligations from vesting restricted stock units to be funded through a sell-to-cover transaction, according to the footnotes in the Form 4.