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

Ted Yednock, EVP & Chief Innovation Officer of Annexon, Inc., sold 1,783 shares of common stock on February 13, 2025, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On February 13, 2025, Ted Yednock, the EVP & Chief Innovation Officer of Annexon, Inc., sold 1,783 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 $2.99, with individual trades ranging from $2.895 to $3.0297.
• Following the transaction, Yednock directly owns 69,582 shares of Annexon common stock.

Sentiment

Score: 5

Explanation: This Form 4 filing represents a routine transaction (sale of shares to cover taxes) and doesn't inherently indicate positive or negative sentiment regarding the company's prospects.

Industry Context

This is a routine Form 4 filing, reflecting an insider's stock sale to cover tax obligations, a common practice among executives receiving equity compensation. It doesn't necessarily indicate a change in the executive's confidence in the company.

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.

Key Dates