Form 4: Ginkgo Bioworks CFO Mark Dmytruk Reports Stock Transactions
SEC Form 4 Filing
Mark Dmytruk, CFO of Ginkgo Bioworks, reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units related to vesting and tax obligations.
Summary
- On March 3, 2025, Mark Dmytruk, CFO of Ginkgo Bioworks Holdings, Inc., acquired Class A Common Stock through the vesting of Restricted Stock Units (RSUs).
- Specifically, 454, 453, and 572 shares were acquired from RSU conversions.
- Dmytruk also disposed of 790 shares of Class A Common Stock on March 4, 2025, at a price of $7.725 per share.
- These sales were to cover tax withholding obligations associated with the vesting of restricted stock and/or RSUs and do not represent discretionary trades.
- Following these transactions, Dmytruk directly owns 34,652 shares of Class A Common Stock, 4,522 RSUs vesting from April 1, 2023, 10,876 RSUs vesting from April 1, 2023, and 20,632 RSUs vesting from April 1, 2024.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document primarily reports routine stock transactions related to compensation and tax obligations.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 04/01/2023 | Start date for vesting of 453 RSUs in 48 equal monthly installments |
| 04/01/2024 | Start date for vesting of 572 RSUs in 48 equal monthly installments |
| 03/03/2025 | Acquisition of Class A Common Stock through RSU conversions (454, 453, and 572 shares) |
| 03/04/2025 | Disposal of 790 shares of Class A Common Stock at $7.725 per share |
| 03/06/2025 | Date of Form 4 signature |
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