Vir Biotechnology exec automatic sale of 1,530 shares
Vir Biotechnology, Inc. executive Brent Sabatini, the SVP and Chief Accounting Officer, reported an automatic sale of 1,530 shares of common stock.
Rhea-AI Filing Summary
Vir Biotechnology, Inc. executive Brent Sabatini, the SVP and Chief Accounting Officer, reported an automatic sale of 1,530 shares of common stock. The shares were sold in an open-market transaction at $7.79 per share to satisfy tax withholding obligations tied to vesting restricted stock units, under a Rule 10b5-1 arrangement.
The filing notes this was a mandatory, non-discretionary sale rather than a voluntary trade by Sabatini. After the transaction, he directly owned 47,872 shares of Vir Biotechnology common stock, reflecting his continuing equity stake in the company.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,530 | $7.79 | $12K |
Footnotes (2)
- F1. Represents an automatic and mandatory sale of shares under a Rule 10b5-1 arrangement to satisfy the Issuer's tax withholding obligations in connection with the vesting of restricted stock units. The sale does not represent a discretionary trade by the Reporting Person.
- F2. Includes 2,290 and 485 shares of common stock acquired by the Reporting Person on May 30, 2025 and November 28, 2025, respectively, pursuant to an employee stock purchase program.
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What insider transaction did Vir Biotechnology (VIR) report for Brent Sabatini?
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