Lexeo Therapeutics (LXEO) CEO sells 10,173 shares in tax-related trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lexeo Therapeutics, Inc. Chief Executive Officer Richard Nolan Townsend reported an open-market sale of 10,173 shares of common stock at a weighted average price of $6.382 per share. According to the footnotes, this sale was made to cover tax obligations on the release of restricted stock units. Following the transaction, he directly holds 392,483 shares, which include 261,349 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,173 shares ($64,924)
Net Sell
1 txn
Insider
Townsend Richard Nolan
Role
Chief Executive Officer
Sold
10,173 shs ($65K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,173 | $6.382 | $65K |
Holdings After Transaction:
Common Stock — 392,483 shares (Direct)
Footnotes (1)
- Represents a sale to cover tax obligations on the release of restricted stock units ("RSUs"). This transaction was executed in multiple trades at prices ranging from $6.22 to $6.50. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price. Includes 261,349 Restricted Stock Units.
FAQ
What insider transaction did Lexeo Therapeutics (LXEO) report on this Form 4?
Lexeo Therapeutics reported that CEO Richard Nolan Townsend sold 10,173 shares of common stock. The sale was executed as an open-market transaction and is disclosed as a routine insider trade under the Form 4 filing.
Does the Lexeo Therapeutics (LXEO) Form 4 mention restricted stock units (RSUs)?
Yes. A footnote specifies the CEO’s reported holdings include 261,349 restricted stock units. The sale of 10,173 shares is described as being made to cover tax obligations related to the release of those RSUs, linking the transaction directly to equity compensation.