Form 4: 2seventy bio CEO William Baird III Sells Shares to Cover Tax Obligations
SEC Form 4
William Baird III, CEO of 2seventy bio, Inc., sold 5,092 shares of common stock on March 17, 2025, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 17, 2025, William Baird III, the President and CEO of 2seventy bio, Inc., sold 5,092 shares of the company's common stock.
- The shares were sold at a price of $4.945 per share.
- The transaction was executed to cover tax withholding obligations associated with the vesting of restricted stock units.
- Following the transaction, Baird directly owns 1,121,034 shares of 2seventy bio, Inc.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations. It doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of the stock sale transaction. |
| 03/19/2025 | Date of signature by Attorney-in-Fact. |
Keywords
2seventy bio, TSVT, William Baird III, stock sale, Form 4, insider trading, restricted stock units, tax withholding
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