Form 4: Aura Biosciences CEO Elisabet de los Pinos Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Elisabet de los Pinos, CEO of Aura Biosciences, sold 20,221 shares of common stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On February 18, 2025, Elisabet de los Pinos, the President and CEO of Aura Biosciences, sold 20,221 shares of common stock.
- The sale was executed to cover tax withholding obligations associated with the vesting of restricted stock units.
- The shares were sold at a weighted average price of $7.7541, with individual transactions ranging from $7.75 to $8.00.
- Following the transaction, de los Pinos directly owns 482,440 shares and indirectly owns 127,763 shares through the Elisabet de los Pinos Revocable Trust.
Sentiment
Score: 6
Explanation: The document reflects a routine transaction (selling shares to cover taxes), so the sentiment is neutral. It's a standard practice and doesn't indicate any fundamental change in the company's prospects.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives and are generally viewed as routine transactions.
Stakeholder Impact
- The sale of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| April 8, 2016 | Date of the Elisabet de los Pinos Revocable Trust U/D/T |
| February 18, 2025 | Date of the stock sale transaction |
Keywords
Aura Biosciences, Elisabet de los Pinos, Stock Sale, Form 4, Insider Trading, Tax Obligations, Restricted Stock Units
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