Form 4: Arcellx CMO Sells Shares for Tax Obligations
Insider Transaction Report
Arcellx's Chief Medical Officer, Christopher Heery, sold 6,131 shares of common stock to cover tax withholding obligations related to RSU vesting.
Summary
- Christopher Heery, Arcellx's Chief Medical Officer, acquired 13,021 shares of common stock on January 2, 2026, through the vesting of restricted stock units (RSUs).
- On January 12, 2026, Mr. Heery sold 6,131 shares of Arcellx common stock at a weighted average price of $64.1471 per share.
- The sale was a broker-assisted transaction specifically to satisfy tax withholding obligations associated with the RSU vesting.
- Following these transactions, Mr. Heery directly beneficially owns 37,068 shares of Arcellx common stock.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction involving the sale of shares to cover tax obligations from RSU vesting, which is a neutral event and does not indicate a change in sentiment towards the company.
Future Outlook
NA
Industry Context
NA
Related Party Transactions
- Christopher Heery, Chief Medical Officer, engaged in a transaction involving the sale of company stock, which is a related party transaction as he is an insider.
Stakeholder Impact
- Minimal direct impact on shareholders as the transaction is a routine tax-related sale by an executive and not indicative of a change in company fundamentals or executive confidence.
Key Dates
| Date | Description |
|---|---|
| 01/02/2026 | Acquisition of 13,021 shares of common stock through RSU vesting. |
| 01/12/2026 | Sale of 6,131 shares of common stock to satisfy tax withholding obligations. |
Keywords
Arcellx, ACLX, Christopher Heery, Chief Medical Officer, Form 4, insider trading, RSU vesting, stock sale, tax withholding, beneficial ownership
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