Tax-cover sale by Definium (DFTX) legal chief totals 10,702 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Definium Therapeutics, Inc. Chief Legal Officer Mark Sullivan sold 10,702 Common Shares on March 25, 2026 at a weighted average price of $18.47. According to the filing, the shares were sold to satisfy withholding tax obligations tied to vested restricted stock units under a Rule 10b5-1 sell-to-cover plan adopted on March 14, 2024. Following this tax-related sale, he directly holds 271,079 Common Shares, which includes 793 shares acquired under the company’s 2024 Employee Share Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,702 shares ($197,666)
Net Sell
1 txn
Insider
Sullivan Mark
Role
Chief Legal Officer
Sold
10,702 shs ($198K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 10,702 | $18.47 | $198K |
Holdings After Transaction:
Common Shares — 271,079 shares (Direct)
Footnotes (1)
- Represents the number of Common Shares sold to satisfy withholding tax obligations in connection with the settlement of vested restricted stock units, pursuant to sell-to-cover elections under a Rule 10b5-1 plan adopted on March 14, 2024. The reported price is a weighted average sales price. These shares were sold in multiple transactions on March 25, 2026 at prices ranging from $18.36 to $18.80. The Reporting Person undertakes to provide 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 range set forth in this footnote. Amount includes 793 shares acquired under the Definium Therapeutics, Inc. 2024 Employee Share Purchase Plan.
FAQ
What insider transaction did Definium Therapeutics (DFTX) report for Mark Sullivan?
Definium Therapeutics reported that Chief Legal Officer Mark Sullivan sold 10,702 Common Shares. The sale occurred on March 25, 2026 and was executed under a Rule 10b5-1 sell-to-cover arrangement tied to vested restricted stock units and related tax withholding.