Vir Bio CFO logs tax sale, new equity awards
Vir Biotechnology EVP & CFO Jason O'Byrne reported a mix of automatic tax-related sales and new equity awards.
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Rhea-AI Filing Summary
Vir Biotechnology EVP & CFO Jason O'Byrne reported a mix of automatic tax-related sales and new equity awards. A total of 2,089 shares of common stock were sold on an open-market basis at $7.4528 per share under a Rule 10b5-1 arrangement solely to cover tax withholding on vesting restricted stock units, and the sale was not a discretionary trade.
On the prior day, O'Byrne received 55,000 shares of common stock as a restricted stock unit grant under the company’s equity incentive plan, bringing his common stock holdings to 166,338 shares at that time. He also received a stock option for 110,000 shares, with 25% vesting on February 22, 2027 and the remainder vesting in 36 equal monthly installments thereafter.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,089 | $7.4528 | $16K |
| Grant/Award | Stock Option (Right to Buy) | 110,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 55,000 | $0.00 | $0.00 |
Footnotes (4)
- F1. Acquisition of restricted stock units (RSUs) pursuant to the Issuer's Equity Incentive Plan.
- F2. Includes 637 shares of common stock acquired by the Reporting Person on November 28, 2025, pursuant to an employee stock purchase program.
- F3. 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 RSUs. The sale does not represent a discretionary trade by the Reporting Person.
- F4. 25% of the shares subject to the stock option will vest and become exercisable on February 22, 2027, and the remaining shares will vest in 36 equal monthly installments thereafter.
FAQ
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What insider transactions did Vir Biotechnology (VIR) report for Jason O'Byrne?
What new equity awards did Vir Biotechnology (VIR) grant to its CFO?
How will the new Vir Biotechnology (VIR) stock option for the CFO vest?
What do the Vir Biotechnology (VIR) Form 4 footnotes reveal about these transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.