Form 4: DBV Technologies' Chief Medical Officer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
DBV Technologies' Chief Medical Officer, Pharis Mohideen, sold 1,785 ordinary shares to cover withholding tax obligations, retaining a beneficial ownership of 79,367 shares.
Summary
- On July 29, 2024, Pharis Mohideen, the Chief Medical Officer of DBV Technologies S.A., sold 1,785 ordinary shares.
- The sale was executed to satisfy withholding tax obligations upon the vesting of restricted stock units.
- The shares were sold at a price of $0.98 per share.
- Following the transaction, Mohideen directly owns 79,367 ordinary shares of DBV Technologies S.A.
Sentiment
Score: 5
Explanation: This is a routine transaction (sale of shares to cover tax obligations) and doesn't necessarily reflect a positive or negative sentiment towards the company.
Industry Context
Sales of shares to cover tax obligations are a routine part of equity compensation for executives. This transaction is not necessarily indicative of the executive's sentiment about the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 07/29/2024 | Date of the transaction: Pharis Mohideen sold 1,785 ordinary shares. |
| 07/31/2024 | Date of signature on the Form 4 filing. |
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