Form 4: Gossamer Bio Chief Medical Officer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Richard Aranda, Chief Medical Officer of Gossamer Bio, Inc., sold 1,908 shares of common stock on June 24, 2024, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On June 24, 2024, Richard Aranda, the Chief Medical Officer of Gossamer Bio, Inc., sold 1,908 shares of the company's common stock.
- The sale was executed at a price of $0.6605 per share.
- The transaction was a broker-assisted sale to satisfy the reporting person's tax withholding obligations in connection with the vesting of restricted stock units.
- Following the transaction, Aranda directly owns 196,891 shares of Gossamer Bio, Inc.
- Aranda also indirectly owns 2,539 shares through a family trust.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover tax obligations) and does not contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Sales of shares by company officers are a routine part of corporate governance, especially when related to covering tax obligations from vesting equity. It is important to consider the size of the sale relative to the officer's total holdings in the company.
Key Dates
| Date | Description |
|---|---|
| 06/24/2024 | Date of the stock sale transaction |
| 06/25/2024 | Date of signature by Attorney-in-Fact |
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