Form 4: Annexon EVP Sells Shares to Cover Tax Obligations

Annexon, Inc.'s EVP & Chief Innovation Officer, Ted Yednock, sold 1,116 shares of common stock on July 14, 2025, at a weighted average price of $2.58 to cover tax withholding obligations.

Summary

• Ted Yednock, EVP & Chief Innovation Officer of Annexon, Inc. (ANNX), reported a transaction on July 14, 2025.
• He sold 1,116 shares of Annexon common stock.
• The shares were sold at a weighted average price of $2.58 per share, with individual trades ranging from $2.57 to $2.64.
• The purpose of the sale was to cover tax withholding obligations related to the vesting of restricted stock units (RSUs).
• Following this transaction, Ted Yednock beneficially owns 105,084 shares of Annexon common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine sale to cover tax obligations related to RSU vesting, which is a common practice and does not indicate a change in sentiment towards the company's prospects.

Future Outlook

NA

Management Comments

• Shares were sold to cover tax withholding obligations in connection with the vesting of restricted stock units (RSUs).

Industry Context

NA

Stakeholder Impact

• Shareholders: Minor dilution from the sale, but the purpose is routine tax coverage, not a signal of lack of confidence.

Key Dates

Keywords

Annexon Inc., ANNX, Form 4, Insider Transaction, Stock Sale, Ted Yednock, Restricted Stock Units, RSU, Tax Withholding