Form 4: Ionis Pharmaceuticals EVP Eric Swayze Reports Stock Transactions
SEC Form 4 Filing
EVP of Research at Ionis Pharmaceuticals, Eric Swayze, reports acquisition and disposal of common stock and restricted stock units.
Summary
- Eric Swayze, EVP of Research at Ionis Pharmaceuticals, reported transactions involving Ionis common stock and restricted stock units.
- On October 15, 2024, Swayze acquired 125 shares of common stock through the vesting of restricted stock units.
- Also on October 15, 2024, Swayze disposed of shares to cover tax withholding obligations.
- On October 16, 2024, Swayze sold 53 shares of common stock at a price of $38.313 per share.
- Following these transactions, Swayze directly owns 34,907 shares of common stock.
- Swayze also indirectly owns 210 shares of common stock and 426 restricted stock units through his son.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel at Ionis Pharmaceuticals.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
Key Dates
| Date | Description |
|---|---|
| 10/15/2024 | Acquisition of 125 shares of common stock through vesting of restricted stock units and disposal of shares for tax withholding. |
| 10/16/2024 | Sale of 53 shares of common stock at $38.313 per share. |
| 10/17/2024 | Date of signature for the Form 4 filing. |
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