RSU tax sale: Neurogene (NGNE) CMO disposes 828 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Neurogene Inc. Chief Medical Officer Julie Jordan reported an open-market sale of 828 shares of Common Stock at a weighted average price of $21.8932 per share. According to the disclosure, this sale was mandatory and executed solely to cover tax withholding arising from a partially vested restricted stock unit (RSU).
After this transaction, Jordan reports holding 12,472 shares, including 5,600 RSUs that vest in equal annual installments on March 26, 2027 and March 26, 2028, and 4,900 RSUs that vest in equal annual installments on February 20, 2027, February 20, 2028 and February 20, 2029, all subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 828 shares ($18,128)
Net Sell
1 txn
Insider
Jordan Julie
Role
Chief Medical Officer
Sold
828 shs ($18K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 828 | $21.8932 | $18K |
Holdings After Transaction:
Common Stock — 12,472 shares (Direct)
Footnotes (1)
- On March 26, 2026, a Restricted Stock Unit ("RSU") held by the Reporting Person vested in part. The shares issuable on vesting of the RSU are reported as shares held by the Reporting Person. The award agreement for the RSU provides that the Registrant shall sell a number of shares necessary to cover the Reporting Person's tax withholding responsibility created by the vesting event, with no election made by the Reporting Person. The sales reported on this Form 4 relate exclusively to this mandatory sale upon vesting of the RSU. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.68 to $22.19, inclusive. The reporting person undertakes to provide Neurogene Inc. (the "Company"), any securityholder of the Company, 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. Consist of (a) 5,600 restricted stock units, which vest annually in equal installments on March 26, 2027 and March 26, 2028; and (b) 4,900 restricted stock units which vest annually in equal installments on February 20, 2027, February 20, 2028 and February 20, 2029, in each case subject to the Reporting Person's continued provision of services to the Issuer on each vesting date.
Key Figures
Shares sold: 828 shares
Weighted average sale price: $21.8932 per share
Shares held after transaction: 12,472 shares
+3 more
6 metrics
Shares sold
828 shares
Open-market sale on March 26, 2026
Weighted average sale price
$21.8932 per share
Multiple transactions between $21.68 and $22.19
Shares held after transaction
12,472 shares
Post-sale holdings reported by Julie Jordan
RSUs vesting March 2027-2028
5,600 RSUs
Vest in equal annual installments on March 26, 2027 and 2028
RSUs vesting Feb 2027-2029
4,900 RSUs
Vest in equal annual installments Feb 20, 2027-2029
Sale price range
$21.68–$22.19 per share
Prices for individual sale transactions
Key Terms
Restricted Stock Unit ("RSU"), weighted average price, tax withholding responsibility, vesting event, +1 more
5 terms
Restricted Stock Unit ("RSU") financial
"On March 26, 2026, a Restricted Stock Unit ("RSU") held by the Reporting Person vested in part."
weighted average price financial
"The price reported is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
tax withholding responsibility financial
"sell a number of shares necessary to cover the Reporting Person's tax withholding responsibility created by the vesting event"
vesting event financial
"tax withholding responsibility created by the vesting event"
equal installments financial
"which vest annually in equal installments on March 26, 2027 and March 26, 2028"