IMVT CTO executes 2,520-share sell-to-cover; owns 200,814 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Immunovant, Inc. (IMVT) disclosed an insider transaction by its Chief Technology Officer, Jay Stout. On 10/22/2025, he sold 2,520 shares of common stock at a weighted average price of $19.03 per share, with trades executed between $19.03–$19.23. The filing states this was a mandated “sell to cover” to satisfy tax withholding arising from the vesting and settlement of 6,250 RSUs on 10/17/2025, part of a 100,000 RSU grant awarded on 04/17/2023, and was not a discretionary transaction.
Following the sale, Stout beneficially owned 200,814 shares, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,520 shares ($47,956)
Net Sell
1 txn
Insider
Stout Jay S
Role
Chief Technology Officer
Sold
2,520 shs ($48K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,520 | $19.03 | $48K |
Holdings After Transaction:
Common Stock — 200,814 shares (Direct)
Footnotes (1)
- On April 17, 2023, the holder was granted 100,000 restricted stock units ("RSUs"), as previously reported on a Form 4 filed on April 19, 2023, of which 6,250 of these RSUs vested on October 17, 2025. The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of these RSUs. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.03 - $19.23 per share, 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 range set forth in this footnote to this Form 4.
FAQ
What insider transaction did Immunovant (IMVT) report?
CTO Jay Stout sold 2,520 shares of common stock on 10/22/2025.
What was the purpose of the sale by IMVT’s CTO?
It was a sell to cover mandated by the issuer to satisfy tax withholding from vested RSUs.
How many RSUs vested for the IMVT CTO and when?
6,250 RSUs vested on 10/17/2025, from a 100,000 RSU grant dated 04/17/2023.
Was the IMVT CTO’s trade discretionary?
No. The filing states the sale was mandated by the issuer’s election and not discretionary.