Vera Therapeutics (VERA) CMO executes mandated sell-to-cover stock transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vera Therapeutics, Inc. Chief Medical Officer Robert Brenner reported a mandated sale of 2,151 shares of Class A Common Stock on February 23, 2026, at a weighted-average price of $41.9839 per share. The sale was an open-market “sell-to-cover” transaction required to satisfy tax withholding obligations from the vesting of restricted stock units under the company’s equity incentive plans and is described as non-discretionary. The trading orders for these tax-related sales occurred over two business days, from February 23 to February 24, 2026. After this sale, Brenner held 50,947 shares of Vera Therapeutics common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,151 shares ($90,307)
Net Sell
1 txn
Insider
Brenner Robert
Role
Chief Medical Officer
Sold
2,151 shs ($90K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,151 | $41.9839 | $90K |
Holdings After Transaction:
Class A Common Stock — 50,947 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 insider transaction did Vera Therapeutics (VERA) report for Robert Brenner?
Vera Therapeutics reported that Chief Medical Officer Robert Brenner sold 2,151 shares of Class A Common Stock. The sale was a mandated “sell-to-cover” transaction to fund tax withholding obligations from vesting restricted stock units, rather than a discretionary open-market trade by the executive.
Was the Vera Therapeutics (VERA) CMO’s stock sale a discretionary trade?
No, the stock sale was not discretionary. The filing states the shares were sold solely to satisfy tax withholding obligations and that the sale was mandated by Vera Therapeutics’ election under its equity incentive plans, rather than being a voluntary trading decision by the reporting person.