Form 4: 2seventy bio CFO Victoria Eatwell Sells Shares to Cover Tax Obligations

Victoria Eatwell, CFO of 2seventy bio, sold 1,167 shares of common stock on June 3, 2024, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On June 3, 2024, Victoria Eatwell, the Chief Financial Officer of 2seventy bio, Inc. (TSVT), sold 1,167 shares of the company's common stock.
• The sale was executed to cover tax withholding obligations incurred in connection with the vesting of restricted stock units.
• The shares were sold at a weighted average price of $4.1823, with individual transactions ranging from $4.12 to $4.25.
• Following the transaction, Eatwell directly owns 95,480 shares of 2seventy bio common stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a routine transaction to cover tax obligations.

Industry Context

This is a routine transaction for covering tax obligations related to stock-based compensation. It is common for executives to sell shares to cover these obligations.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates