Form 4: Ironwood Pharmaceuticals Officer Sells Shares to Cover Tax Obligations

Ronald Silver, Principal Accounting Officer of Ironwood Pharmaceuticals, sold 12,048 shares of Class A Common Stock to cover tax withholding obligations related to vesting restricted stock units.

Summary

• Ronald Silver, the Principal Accounting Officer of Ironwood Pharmaceuticals, sold 12,048 shares of Class A Common Stock on February 10, 2025.
• The sale was executed to cover tax withholding obligations associated with the vesting of restricted stock units.
• The shares were sold at a weighted average price of $1.76, with individual transactions ranging from $1.60 to $1.84.
• Following the transaction, Silver directly owns 279,655 shares of Ironwood Pharmaceuticals.
• A power of attorney was executed on February 7, 2025, granting certain individuals the authority to act on behalf of Ronald Silver for SEC filings.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (sale of shares to cover taxes) and doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among company executives and officers.

Key Dates

Keywords

Form 4, Ironwood Pharmaceuticals, Ronald Silver, Share Sale, Tax Obligations, Restricted Stock Units, Power of Attorney, SEC Filing