Vir Biotechnology (VIR) EVP’s 10b5-1, tax-driven sales total 16,817 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vir Biotechnology, Inc. executive Vanina de Verneuil, EVP, General Counsel and Corporate Secretary, reported two open-market sales of common stock. She sold 13,700 shares on February 25, 2026 at $9.82 per share and 3,117 shares on February 24, 2026 at $9.5326 per share.
The 13,700-share sale was an automatic, mandatory transaction under Rule 10b5-1 to cover tax withholding on vesting restricted stock units and was not a discretionary trade. The sales were executed pursuant to a Rule 10b5-1 trading plan adopted on June 2, 2025, and she held 112,982 shares directly after the last reported sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 16,817 shares ($164,247)
Net Sell
2 txns
Insider
de Verneuil Vanina
Role
EVP, General Counsel, Corp Sec
Sold
16,817 shs ($164K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 13,700 | $9.82 | $135K |
| Sale | Common Stock | 3,117 | $9.5326 | $30K |
Holdings After Transaction:
Common Stock — 112,982 shares (Direct)
Footnotes (1)
- 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. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 2, 2025.
FAQ
What did Vir Biotechnology (VIR) executive Vanina de Verneuil report in this Form 4?
Vanina de Verneuil reported selling a total of 16,817 shares of Vir Biotechnology common stock in two transactions. These included 13,700 shares at $9.82 and 3,117 shares at $9.5326, all as open-market sales under a Rule 10b5-1 trading plan.
Were Vanina de Verneuil’s Vir Biotechnology (VIR) stock sales discretionary trades?
The 13,700-share sale was an automatic, mandatory sale to satisfy Vir Biotechnology’s tax withholding obligations on vesting restricted stock units, not a discretionary trade. Both reported sales were executed under a Rule 10b5-1 trading plan adopted on June 2, 2025.
What role does Vanina de Verneuil hold at Vir Biotechnology (VIR)?
Vanina de Verneuil serves as Executive Vice President, General Counsel and Corporate Secretary at Vir Biotechnology. Her Form 4 filing reflects stock transactions in this capacity, including open-market sales of common stock executed under a pre-established Rule 10b5-1 trading plan.
What is a Rule 10b5-1 trading plan in the context of Vir Biotechnology (VIR)?
A Rule 10b5-1 trading plan allows insiders to prearrange stock transactions according to set instructions. In this case, Vanina de Verneuil’s reported Vir Biotechnology stock sales were carried out under such a plan adopted on June 2, 2025, providing structured, preplanned trading activity.