Form 4: Dynavax Technologies Corp: Chief Accounting Officer Justin Burgess Reports Stock Transactions
SEC Form 4 Filing
Chief Accounting Officer Justin Burgess of Dynavax Technologies Corp. reports exercising stock options and selling shares on March 1, 2024.
Summary
- On March 1, 2024, Justin Burgess, Chief Accounting Officer of Dynavax Technologies Corp., executed transactions involving the company's stock.
- Burgess exercised stock options to acquire 4,334 shares at $11.12 and 2,767 shares at $9.41.
- He then sold 7,101 shares and 13,425 shares at a weighted average price of $12.78.
- Following these transactions, Burgess directly owns 0 shares of Dynavax Technologies Corp.
- The sales were executed in multiple trades with prices ranging from $12.73 to $12.81.
Sentiment
Score: 5
Explanation: This is a neutral reporting of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company officer.
- The impact on employees, customers, suppliers, and creditors is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 02/03/2021 | Grant date for stock options that vest over three years. |
| 02/16/2023 | Grant date for stock options that vest over three years. |
| 02/02/2028 | Expiration date for some stock options. |
| 02/15/2030 | Expiration date for some stock options. |
| 03/01/2024 | Date of stock option exercises and sales. |
| 03/04/2024 | Date of signature on the SEC Form 4. |
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