Form 4: 2seventy bio CFO Victoria Eatwell Sells Shares to Cover Tax Obligations
SEC Form 4
Victoria Eatwell, CFO of 2seventy bio, sold shares of common stock on January 3rd and 6th, 2025, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- Victoria Eatwell, the Chief Financial Officer of 2seventy bio, Inc., sold shares of the company's common stock on January 3, 2025, and January 6, 2025.
- The sales were executed to cover tax withholding obligations incurred in connection with the vesting of restricted stock units.
- On January 3, 2025, 1,013 shares were sold at a weighted average price of $2.9359, with prices ranging from $2.87 to $3.01.
- On January 6, 2025, 97 shares were sold at a weighted average price of $2.7785, with prices ranging from $2.76 to $2.785.
- Following these transactions, Eatwell directly owns 338,979 shares of 2seventy bio, Inc.
Sentiment
Score: 5
Explanation: The document is a routine SEC Form 4 filing, indicating stock sales to cover tax obligations. It doesn't inherently convey positive or negative sentiment.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives.
Stakeholder Impact
- The stock sales could have a minor, temporary impact on the stock price.
Key Dates
| Date | Description |
|---|---|
| 01/03/2025 | Sale of 1,013 shares of common stock at a weighted average price of $2.9359. |
| 01/06/2025 | Sale of 97 shares of common stock at a weighted average price of $2.7785. |
| 01/07/2025 | Date of signature for the Form 4 filing. |
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