Vera Therapeutics (VERA) CCO sells 1,582 shares in RSU tax sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vera Therapeutics Chief Commercial Officer Laurence Matthew Skelton reported an open-market sale of 1,582 shares of Class A common stock. The shares were sold on February 23, 2026 at a weighted-average price of 41.9839 per share to satisfy tax withholding obligations from vesting restricted stock units.
The sale was executed under the company’s equity incentive plans as a mandated “sell-to-cover” transaction and was not a discretionary trade by Skelton. After this sale, he beneficially owned 64,218 shares of Vera Therapeutics Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,582 shares ($66,419)
Net Sell
1 txn
Insider
Skelton Laurence Matthew
Role
Chief Commercial Officer
Sold
1,582 shs ($66K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,582 | $41.9839 | $66K |
Holdings After Transaction:
Class A Common Stock — 64,218 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 Laurence Matthew Skelton?
Vera Therapeutics reported that Chief Commercial Officer Laurence Matthew Skelton sold 1,582 shares of Class A common stock. The shares were sold as part of a mandated sell-to-cover transaction tied to tax withholding on vesting restricted stock units.
Over what period were the Vera Therapeutics (VERA) sell-to-cover trades executed?
The trading order for shares sold to cover tax withholding obligations occurred over two business days. According to the footnotes, the activity began on February 23, 2026 and ended on February 24, 2026, covering all participants, including the reporting person.
Were the Vera Therapeutics (VERA) insider sales discretionary trades?
No, the filing states the sales were mandated under the issuer’s equity incentive plans as sell-to-cover transactions. They were executed solely to fund tax withholding obligations from restricted stock unit vesting and did not represent discretionary trading decisions by the insider.