Form 4: Gossamer Bio Executive VP Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Caryn Peterson, EVP of Regulatory Affairs at Gossamer Bio, sold 4,018 shares of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- Caryn Peterson, the EVP of Regulatory Affairs at Gossamer Bio, sold 4,018 shares of common stock on March 18, 2024.
- The sale was executed to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The shares were sold at a weighted average price of $1.3297, with individual trades ranging from $1.329 to $1.335 per share.
- Following the transaction, Peterson directly owns 49,833 shares of Gossamer Bio stock.
Sentiment
Score: 5
Explanation: The document describes a routine stock sale to cover tax obligations, which is neutral in sentiment.
Industry Context
Sales of shares to cover tax obligations are a routine part of executive compensation and are not necessarily indicative of the executive's view of the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 03/18/2024 | Date of stock sale transaction |
| 03/19/2024 | Date of signature on the Form 4 filing |
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