Form 4: Allovir Inc. Chief Accounting Officer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Brett Hagen, Chief Accounting Officer of Allovir, Inc., sold 332 shares of common stock on January 10, 2025, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On January 10, 2025, Brett Hagen, the Chief Accounting Officer of Allovir, Inc., sold 332 shares of common stock.
- The sale was executed to cover tax withholding obligations associated with the vesting of restricted stock units.
- The shares were sold at a weighted average price ranging from $0.44 to $0.462.
- Following the transaction, Hagen directly owns 68,174 shares of Allovir, Inc. common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes), so the sentiment is neutral.
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 |
|---|---|
| 01/10/2025 | Date of stock sale transaction. |
| 01/13/2025 | Date of signature on the Form 4 filing. |
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