Form 4: Metagenomi Executive Sells Shares to Cover Tax Obligations

Matthew Wein, a Metagenomi executive, sold 930 shares of common stock on March 5, 2025, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On March 5, 2025, Matthew Wein, Senior Vice President, Head of Legal, Compliance Officer and Corporate Secretary of Metagenomi, Inc. (MGX), sold 930 shares of common stock.
• The sale was executed to satisfy tax withholding obligations upon the vesting of restricted stock units.
• The shares were sold at a weighted average price of $1.8748, with individual transactions ranging from $1.85 to $1.90.
• Following the transaction, Wein beneficially owns 9,467 shares of Metagenomi common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction (sale of shares for tax obligations) and doesn't inherently indicate positive or negative sentiment regarding the company's prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. This provides transparency to the market regarding insider transactions.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale (tax obligations).

Key Dates