Form 4: IGM Biosciences Director, Kathleen Behrens, Reports Acquisition of Common Stock
SEC Form 4
Director Kathleen Behrens reports acquiring 1,471 shares of IGM Biosciences common stock through fully vested restricted stock units.
Summary
- On March 31, 2025, Kathleen Behrens, a director of IGM Biosciences, acquired 1,471 shares of common stock.
- The acquisition was through fully vested restricted stock units (RSUs), each representing a contingent right to receive one share of IGM Biosciences common stock.
- The RSUs were acquired at a price of $0, reflecting payment of a quarterly retainer in common stock pursuant to the Issuer's Outside Director Compensation Policy.
- Following the transaction, Behrens directly owns 20,751 shares of common stock.
- Behrens also indirectly owns 330,700 shares through the KBW 2005 Trust, 29,807 shares through the Non-Exempt Trust for Patrick R. Wilsey, and 29,806 shares through the Non-Exempt Trust for Shannon K. Wilsey, for which she serves as Trustee.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a routine transaction. Director acquiring shares can be seen as a slightly positive sign, but it's part of a compensation plan.
Positives
- The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of the transaction where Kathleen Behrens acquired common stock. |
| 04/02/2025 | Date of signature for the Form 4 filing. |
Keywords
IGM Biosciences, Kathleen Behrens, Form 4, Director, Common Stock, Restricted Stock Units, Beneficial Ownership, Acquisition
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