Form 4: Ginkgo Bioworks CFO Mark Dmytruk Reports Stock Transactions
SEC Form 4 Filing
Mark Dmytruk, CFO of Ginkgo Bioworks Holdings, reports the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.
Summary
- On May 20 and 21, 2025, Mark Dmytruk, the CFO of Ginkgo Bioworks Holdings, engaged in transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
- Dmytruk acquired 454, 453, and 572 shares of Class A Common Stock through the vesting of RSUs on May 20, 2025.
- He then sold 706 shares of Class A Common Stock on May 21, 2025, at a price of $7.585 per share.
- These sales were to cover tax withholding obligations related to the vesting of the RSUs and do not represent discretionary trades.
- The RSUs vest in 48 equal monthly installments, beginning on April 1, 2023, and April 1, 2024, respectively.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the sale of shares, but the impact is likely minimal given the purpose of covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| April 1, 2023 | Start date for 48-month vesting of some Restricted Stock Units |
| April 1, 2024 | Start date for 48-month vesting of some Restricted Stock Units |
| May 20, 2025 | Vesting of Restricted Stock Units and acquisition of Class A Common Stock |
| May 21, 2025 | Sale of Class A Common Stock to cover tax withholding obligations |
| May 22, 2025 | Date of signature by Attorney-in-Fact |
Keywords
Ginkgo Bioworks, Dmytruk, CFO, DNA, Form 4, SEC, Stock, RSU, Restricted Stock Units, Vesting, Tax Withholding, Class A Common Stock
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