Vir Biotechnology CEO restructures 467,064 shares
Vir Biotechnology, Inc. director and President & CEO Marianne De Backer reported a restructuring of her common stock holdings.
Rhea-AI Filing Summary
Vir Biotechnology, Inc. director and President & CEO Marianne De Backer reported a restructuring of her common stock holdings. Two Form 4 transactions with code J reclassified a total of 467,064 shares at a stated price of $0.00 per share.
One entry moved 233,532 shares into indirect ownership held by the Ureel-De Backer Family Trust, where she and her spouse serve as trustees, following a transfer without consideration for tax and estate planning purposes. A parallel entry shows 233,532 shares under direct ownership, leaving her with 714,613 directly held shares and 286,650 indirectly held shares after these changes.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 233,532 | $0.00 | $0.00 |
| Other | Common Stock | 233,532 | $0.00 | $0.00 |
Footnotes (2)
- F1. Transfer without consideration for tax and estate planning purposes.
- F2. The shares are held in the name of the Ureel-De Backer Family Trust, of which the Reporting Person and her spouse are Trustees.
Key Figures
Key Terms
Form 4 regulatory
transaction code J regulatory
indirect ownership financial
Ureel-De Backer Family Trust financial
tax and estate planning financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Vir Biotechnology (VIR) report for Marianne De Backer?
Did Marianne De Backer buy or sell Vir Biotechnology (VIR) stock in this filing?
What is the role of the Ureel-De Backer Family Trust in this Vir Biotechnology (VIR) Form 4?
What are Marianne De Backer’s Vir Biotechnology (VIR) holdings after the reported transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.