Vir CEO auto-sells 72,559 shares for tax withholding
Vir Biotechnology, Inc. President and CEO Marianne De Backer had 72,559 shares of common stock automatically sold on 2026-04-06 at $9.156 per share.
Rhea-AI Filing Summary
Vir Biotechnology, Inc. President and CEO Marianne De Backer had 72,559 shares of common stock automatically sold on 2026-04-06 at $9.156 per share. The footnotes state this sale occurred under a Rule 10b5-1 arrangement solely to satisfy the company’s tax withholding obligations related to vesting restricted stock units, and did not represent a discretionary trade by her.
After these transactions, she directly holds 948,145 shares of Vir Biotechnology common stock and indirectly holds 53,118 shares through the Ureel-De Backer Family Trust, where she and her spouse serve as trustees.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 72,559 | $9.156 | $664K |
| holding | Common Stock | -- | -- | -- |
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. 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
Rule 10b5-1 arrangement regulatory
restricted stock units financial
tax withholding obligations financial
Family Trust financial
indirect ownership financial
FAQ
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