Form 4: Allovir Inc. General Counsel Sells Shares to Cover Tax Obligations

Edward Miller, General Counsel of Allovir, Inc., sold 106 shares of common stock on February 21, 2025, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On February 21, 2025, Edward Miller, the General Counsel of Allovir, Inc., sold 106 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 of $10.0758, with individual transactions ranging from $10.06 to $10.13.
• Following the transaction, Miller directly owns 6,517 shares and indirectly owns 15,058 shares through The Miller Family 2019 Irrevocable Dynasty Trust.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing relates to a routine transaction for tax purposes and doesn't indicate any significant positive or negative development for the company.

Industry Context

This is a routine Form 4 filing, indicating a transaction by a company insider. Such filings are common and provide transparency into the trading activities of company executives and directors. The sale appears to be related to tax obligations, which is a typical reason for insider sales.

Stakeholder Impact

• The sale of a small number of shares is unlikely to have a significant impact on shareholders.

Key Dates