Form 4: Ginkgo Bioworks Executive Steven P. Coen Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Steven P. Coen, Chief Accounting Officer of Ginkgo Bioworks Holdings, Inc., reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units to cover tax obligations.

Summary

  • On April 17, 2025, Steven P. Coen, Chief Accounting Officer of Ginkgo Bioworks Holdings, Inc., engaged in multiple transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
  • These transactions included the acquisition of shares through the vesting of RSUs and the disposal of shares to cover tax withholding obligations.
  • Specifically, Coen acquired 587, 156, and 1,061 shares of Class A Common Stock through RSU vesting on April 17, 2025.
  • He also sold 997 shares on April 21, 2025, at a price of $7.283 per share to cover tax obligations related to the vesting of restricted stock and/or RSUs.
  • Following these transactions, Coen directly owns 8,819 shares of Class A Common Stock and holds derivative securities including 14,688, 5,471, and 3,184 Restricted Stock Units.
  • The RSUs vest in installments, with varying schedules depending on the grant date.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about insider activity.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.

Stakeholder Impact

  • Shareholders can monitor insider transactions to gain insights into management's perspective on the company's stock.

Key Dates

DateDescription
04/17/2025Acquisition of Class A Common Stock through RSU vesting.
04/17/2025Vesting of 25% of RSUs.
04/21/2025Sale of Class A Common Stock to cover tax obligations.
04/23/2025Date of signature for the Form 4 filing.

Keywords

Ginkgo Bioworks, DNA, Form 4, SEC Filing, Insider Trading, Steven P. Coen, Restricted Stock Units, Class A Common Stock, Tax Withholding

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