Form 4: 2seventy bio CFO Victoria Eatwell Sells Shares to Cover Tax Obligations
SEC Form 4
Victoria Eatwell, CFO of 2seventy bio, Inc., sold shares of common stock on August 5, 2024, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On August 5, 2024, Victoria Eatwell, the Chief Financial Officer of 2seventy bio, Inc. (TSVT), sold shares of the company's common stock.
- The transaction involved the sale of 13 shares at a price of $3.985 per share.
- This sale was executed to cover tax withholding obligations arising from the vesting of restricted stock units.
- Following the transaction, Eatwell directly owns 341,319 shares of 2seventy bio, Inc.
Sentiment
Score: 5
Explanation: The document reports a routine transaction (sale of shares for tax obligations) by a company executive, which is neither particularly positive nor negative.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives.
Key Dates
| Date | Description |
|---|---|
| 08/05/2024 | Date of transaction: Victoria Eatwell sold shares of 2seventy bio common stock. |
| 08/07/2024 | Date of signature on the Form 4 filing. |
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