Tax-driven stock sale by Vera Therapeutics (NASDAQ: VERA) CFO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vera Therapeutics, Inc. chief financial officer Sean Grant reported an open‑market sale of 4,949 shares of Class A common stock at a weighted‑average price of $41.9839 per share. According to the disclosure, the transaction was a mandated sell‑to‑cover trade to satisfy tax withholding obligations from vesting restricted stock units rather than a discretionary sale.
After this transaction, Grant directly held 114,181 Vera Therapeutics shares and indirectly held 5,000 additional shares through a trust. The sale occurred as part of trading orders executed over two business days beginning on February 23, 2026 and ending on February 24, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,949 shares ($207,778)
Net Sell
2 txns
Insider
Grant Sean
Role
CHIEF FINANCIAL OFFICER
Sold
4,949 shs ($208K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 4,949 | $41.9839 | $208K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 114,181 shares (Direct);
Class A Common Stock — 5,000 shares (Indirect, By Trust)
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 insider transaction did Vera Therapeutics (VERA) disclose for its CFO?
Vera Therapeutics disclosed that CFO Sean Grant sold 4,949 shares of Class A common stock in an open‑market transaction. The filing explains this was a sell‑to‑cover sale required to pay tax withholding on vesting restricted stock units, not a discretionary stock sale.
Were the Vera Therapeutics (VERA) CFO’s stock sales discretionary open‑market trades?
No. Footnotes clarify that the Vera Therapeutics CFO’s stock sales were mandated under the company’s equity incentive plans to fund tax withholding via sell‑to‑cover transactions. The filing explicitly states these transactions do not represent discretionary trades initiated by the reporting person.