Form 4: Annexon EVP Ted Yednock Sells Shares to Cover Tax Obligations

Ted Yednock, EVP & Chief Innovation Officer of Annexon, Inc., sold 8,345 shares of common stock on February 18, 2025, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On February 18, 2025, Ted Yednock, the EVP & Chief Innovation Officer of Annexon, Inc., sold 8,345 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 $2.91, with individual trades ranging from $2.77 to $3.1376.
• Following the transaction, Yednock directly owns 61,237 shares of Annexon's common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to an insider stock sale for tax purposes. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.

Industry Context

Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. This particular filing indicates a sale of shares to cover tax obligations, which is a common practice.

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 stated reason for the sale.

Key Dates