Voyager Therapeutics (VYGR) CEO sells shares for RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Voyager Therapeutics, Inc. President and CEO Alfred Sandrock reported an open-market sale of 11,511 shares of common stock at a weighted average price of $3.87 per share. The transaction occurred under a durable automatic sale instruction to cover tax withholding on restricted stock units that vested on April 1, 2026.
The filing notes the sale was not a discretionary trade by Sandrock. Following this sell-to-cover transaction, he directly holds 472,549 shares of Voyager Therapeutics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 11,511 shares ($44,548)
Net Sell
1 txn
Insider
Sandrock Alfred
Role
President and CEO
Sold
11,511 shs ($45K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 11,511 | $3.87 | $45K |
Holdings After Transaction:
Common Stock — 472,549 shares (Direct)
Footnotes (1)
- Represents shares of common stock of Voyager Therapeutics, Inc. (the "Corporation") sold, pursuant to a durable automatic sale instruction adopted by the reporting person on May 12, 2025, effecting the sell-to-cover election of the reporting person to satisfy tax withholding obligations, in connection with the vesting of restricted stock units on April 1, 2026. The sales do not represent a discretionary trade by the reporting person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.81 to $3.95, inclusive. The reporting person undertakes to provide to the Corporation, any security holder of the Corporation, 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 footnote (2) to this Form 4.
Key Figures
Shares sold: 11,511 shares
Weighted average sale price: $3.87 per share
Sale price range: $3.81–$3.95 per share
+3 more
6 metrics
Shares sold
11,511 shares
Open-market sale on April 2, 2026
Weighted average sale price
$3.87 per share
Common Stock sale
Sale price range
$3.81–$3.95 per share
Multiple transactions within this range
Shares held after transaction
472,549 shares
Direct ownership following sale
RSU vesting date
April 1, 2026
RSUs triggering tax sell-to-cover
Transaction date
April 2, 2026
Date of reported open-market sale
Key Terms
durable automatic sale instruction, sell-to-cover, restricted stock units, weighted average price
4 terms
durable automatic sale instruction financial
"sold, pursuant to a durable automatic sale instruction adopted by the reporting person"
sell-to-cover financial
"effecting the sell-to-cover election of the reporting person to satisfy tax withholding obligations"
Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.
restricted stock units financial
"in connection with the vesting of restricted stock units on April 1, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What insider transaction did Voyager Therapeutics (VYGR) report for its CEO?
Voyager Therapeutics reported that CEO Alfred Sandrock sold 11,511 common shares at a weighted average price of $3.87. This was an automatic sell-to-cover transaction tied to restricted stock units vesting on April 1, 2026, rather than a discretionary stock sale.