Syndax (SNDX) CEO Metzger sells 17,159 shares to cover RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Syndax Pharmaceuticals Chief Executive Officer Michael A. Metzger reported a sale of common stock primarily to cover taxes. On 02/09/2026, he sold 17,159 shares of Syndax Pharmaceuticals common stock at a price of $21.028 per share.
The filing explains that this sale represents shares required to be sold to satisfy tax withholding obligations related to the vesting of restricted stock units, rather than a discretionary open-market sale of his full holdings. After this transaction, Metzger beneficially owned 491,690 shares of Syndax Pharmaceuticals common stock in direct ownership.
Positive
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Negative
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Insider Trade Summary
Net Seller: 17,159 shares ($360,819)
Net Sell
1 txn
Insider
Metzger Michael A
Role
Chief Executive Officer
Sold
17,159 shs ($361K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 17,159 | $21.028 | $361K |
Holdings After Transaction:
Common Stock — 491,690 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Syndax (SNDX) CEO Michael A. Metzger report?
Michael A. Metzger reported selling 17,159 shares of Syndax common stock. The shares were sold on February 9, 2026, at $21.028 per share, as disclosed in a Form 4 insider trading report filed under SEC Section 16 rules.
Is the Syndax (SNDX) CEO a director as well as an officer in this filing?
Yes. The filing identifies Michael A. Metzger as both a director and an officer of Syndax. His officer title is listed as Chief Executive Officer, and he is not marked as a 10% owner, according to the relationship section of the Form 4.