Form 4: Annexon EVP Richard Artis Sells Shares to Cover Tax Obligations

EVP and Chief Scientific Officer of Annexon, Richard Artis, sold 5,515 shares of common stock on February 18, 2025, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• Richard Artis, the EVP & Chief Scientific Officer of Annexon, Inc., sold 5,515 shares of Annexon's common stock on February 18, 2025.
• 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 $2.97, with individual trades ranging from $2.86 to $3.1376.
• Following the transaction, Artis directly owns 83,814 shares of Annexon's common stock.

Sentiment

Score: 5

Explanation: This is a neutral event. An executive selling shares to cover taxes is a normal occurrence and doesn't necessarily indicate a positive or negative outlook 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.

Stakeholder Impact

• The sale of shares by an executive could have a minor, temporary impact on the stock price, but is unlikely to have a significant long-term effect on shareholders.

Key Dates

Keywords

Annexon, Richard Artis, stock sale, Form 4, insider trading, EVP, Chief Scientific Officer, tax obligations, RSUs, ANNX