Vera Therapeutics (VERA) COO stock sale tied to RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vera Therapeutics Chief Operating Officer David Lee Johnson reported an open-market sale of 2,579 shares of Class A common stock at a weighted-average price of $41.9839 per share. After this transaction, he directly owned 45,727 shares.
According to the disclosure, the shares were sold solely to cover tax withholding obligations triggered by the vesting of restricted stock units under the company’s equity incentive plans. The sale was mandated by the company’s sell-to-cover election and is described as not a discretionary trade by the executive.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,579 shares ($108,276)
Net Sell
1 txn
Insider
JOHNSON DAVID LEE
Role
Chief Operating Officer
Sold
2,579 shs ($108K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,579 | $41.9839 | $108K |
Holdings After Transaction:
Class A Common Stock — 45,727 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 its COO?
Vera Therapeutics reported that Chief Operating Officer David Lee Johnson had 2,579 Class A common shares sold. The sale was tied to tax withholding obligations from vesting restricted stock units rather than a discretionary stock trade by the executive.