Spero Therapeutics (SPRO) COO auto-sells 18,652 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Spero Therapeutics Chief Operating Officer Timothy Keutzer reported an automatic sale of common stock tied to tax obligations. On 02/06/2026, 18,652 shares of common stock were sold at $2.36 per share to cover tax withholding arising from restricted stock unit (RSU) vesting.
After this transaction, Keutzer beneficially owned 742,506 shares of Spero Therapeutics common stock in direct form. The filing explains that the sale was a mandatory "sell to cover" transaction to fund taxes and was not a discretionary trade by the executive.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 18,652 shares ($44,019)
Net Sell
1 txn
Insider
Keutzer Timothy
Role
Chief Operating Officer
Sold
18,652 shs ($44K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 18,652 | $2.36 | $44K |
Holdings After Transaction:
Common Stock — 742,506 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did SPRO Chief Operating Officer Timothy Keutzer report?
Timothy Keutzer reported an automatic sale of 18,652 shares of Spero Therapeutics common stock. The shares were sold at $2.36 each to cover tax withholding obligations triggered by vesting RSUs, rather than representing a discretionary open-market sale by the executive.
Was the SPRO insider sale by Timothy Keutzer a discretionary trade?
No, the sale was not discretionary. The footnote states the 18,652 shares were sold automatically under a “sell to cover” arrangement to satisfy tax withholding obligations from vesting RSUs, meaning the transaction was driven by tax requirements rather than an elective share sale.
What role does Timothy Keutzer hold at Spero Therapeutics (SPRO)?
Timothy Keutzer is reported as the Chief Operating Officer of Spero Therapeutics. His status as an officer triggers Section 16 reporting duties, so transactions in the company’s common stock, including this RSU-related sell-to-cover sale, must be disclosed on Form 4 filings with the SEC.