Viking Therapeutics (NASDAQ: VKTX) COO stock award leads to tax-cover share sale
Rhea-AI Filing Summary
Viking Therapeutics, Inc. reported that Chief Operating Officer Marianna Mancini received 31,667 shares of common stock on July 28, 2026, upon vesting of a performance restricted stock unit award originally granted on January 3, 2023, after achieving a non-financial performance goal; this vesting represented 33.33% of that award. On July 29, 2026, 18,217 shares were automatically sold on a non-discretionary basis solely to satisfy tax withholding obligations related to this vesting, at a weighted average price of $33.4652 per share, within a price range of $33.28 to $33.805. Reported holdings also include 120 shares acquired on May 20, 2026 under the company’s 2024 Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.00001 per share F3, F4 | 18,217 | $33.4652 | $610K |
| Grant/Award | Common Stock, par value $0.00001 per share F1, F2 | 31,667 | $0.00 | $0.00 |
Footnotes (4)
- F1. The reported securities were subject to a performance restricted stock unit award that was granted on January 3, 2023, 33.33% of which vested on July 28, 2026 upon the achievement of a non-financial performance goal.
- F2. Includes 120 shares acquired on May 20, 2026 pursuant to the Issuer's 2024 Employee Stock Purchase Plan.
- F3. These shares were automatically sold on a non-discretionary basis solely to satisfy certain tax withholding obligations in connection with the issuance of shares upon the vesting of certain shares of common stock subject to the performance restricted stock unit award described in Footnote 1.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.28 to $33.805, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the this footnote.
Key Figures
Key Terms
performance restricted stock unit award financial
non-discretionary basis financial
tax withholding obligations financial
weighted average price financial
Employee Stock Purchase Plan financial
AI-generated analysis. How Rhea-AI works. Not financial advice.