Form 4: 2seventy bio CFO Victoria Eatwell Sells Shares to Cover Tax Obligations
SEC Form 4
Victoria Eatwell, CFO of 2seventy bio, sold 1,230 shares of common stock to cover tax withholding obligations.
Summary
- On October 3, 2024, Victoria Eatwell, the Chief Financial Officer of 2seventy bio, Inc. (TSVT), sold 1,230 shares of the company's common stock.
- The sale was executed at a weighted average price of $4.6488 per share, with individual transactions occurring between $4.61 and $4.77.
- The sale was to cover tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Eatwell directly owns 340,089 shares of 2seventy bio, Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as the transaction is a routine sale to cover tax obligations.
Industry Context
This is a routine transaction for covering tax obligations, and is a normal part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 10/03/2024 | Date of the stock sale transaction. |
| 10/07/2024 | Date of signature for the Form 4 filing. |
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