Xeris Biopharma (XERS) officer logs tax-related share withholding move
Rhea-AI Filing Summary
Xeris Biopharma Holdings, Inc. officer Anh Tu Nguyen reported a Form 4 transaction where 29,300 shares of common stock were withheld by the company at $6.88 per share to cover income tax obligations on vested restricted stock units as of February 24, 2026.
After this tax-withholding disposition, Nguyen directly owned 395,023 shares of common stock, with additional indirect holdings of 3,710 shares through an IRA and 3,501 shares through children’s IRAs, for which he disclaims full beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Nguyen Anh Tu
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 29,300 | $6.88 | $202K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 395,023 shares (Direct);
Common Stock — 3,710 shares (Indirect, By IRA)
Footnotes (1)
- 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 February 24, 2026. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
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FAQ
What insider transaction did XERS officer Anh Tu Nguyen report on this Form 4?
Anh Tu Nguyen reported a tax-withholding disposition of 29,300 Xeris Biopharma common shares. The company withheld these shares at $6.88 each to satisfy income tax obligations arising from vested restricted stock units on February 24, 2026.
What does transaction code F mean in the XERS Form 4 filing?
Transaction code F indicates shares used to pay an exercise price or tax liability. In this case, 29,300 Xeris Biopharma shares were withheld by the issuer to satisfy income tax and withholding obligations from the net settlement of vested restricted stock units.
Does the XERS Form 4 indicate a change in Anh Tu Nguyen’s indirect ownership?
The filing reports indirect ownership levels after the transaction: 3,710 shares in an IRA and 3,501 in children’s IRAs. It characterizes these as indirect holdings and includes a disclaimer of beneficial ownership beyond his pecuniary interest in those accounts.