Form 4: Annexon EVP Jennifer Lew Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
EVP and CFO of Annexon, Jennifer Lew, sold 6,912 shares of common stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On February 18, 2025, Jennifer Lew, the EVP & CFO of Annexon, Inc., sold 6,912 shares of Annexon's common stock.
- The sale was executed to cover tax withholding obligations associated with the vesting of restricted stock units (RSUs).
- The shares were sold at a weighted average price of $2.92, with individual trades ranging from $2.79 to $3.12.
- Following the transaction, Lew directly owns 77,770 shares of Annexon common stock.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (sale of shares for tax obligations) and doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading activity and are required by the SEC to provide transparency into the transactions of company executives and directors.
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
| Date | Description |
|---|---|
| 02/18/2025 | Date of stock sale transaction |
| 02/20/2025 | Date of signature on the Form 4 filing |
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