Xeris CEO covers taxes with 36,645 shares
Xeris Biopharma Holdings, Inc. (XERS) reported that its Chief Executive Officer and Chairman, Shannon John Patrick Jr, had 36,645 shares of common stock withheld on August 1, 2026.
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Rhea-AI Filing Summary
Xeris Biopharma Holdings, Inc. (XERS) reported that its Chief Executive Officer and Chairman, Shannon John Patrick Jr, had 36,645 shares of common stock withheld on August 1, 2026. The shares were withheld by the company to satisfy income tax and withholding obligations upon net settlement of vested restricted stock units, not as an open-market sale. After this tax-withholding transaction, Patrick Jr directly holds 2,898,933 shares of XERS common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 36,645 | $8.08 | $296K |
Footnotes (1)
- F1. Represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the net settlement of restricted stock units vested as of August 1, 2026.
Key Figures
Key Terms
restricted stock units financial
net settlement financial
withheld by the Issuer financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did XERS report for Shannon John Patrick Jr on August 1, 2026?
Was the August 1, 2026 XERS insider transaction an open-market sale?
What is the transaction code used in the August 1, 2026 XERS Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.