Form 4: OnKure Therapeutics CFO Sells Shares to Cover Tax Obligations
SEC Form 4
Jason A. Leverone, CFO of OnKure Therapeutics, sold shares of Class A Common Stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On April 4, 2025, Jason A. Leverone, the Chief Financial Officer of OnKure Therapeutics, sold 1,278 shares of Class A Common Stock at a weighted average price of $3.3276.
- The sales were executed to cover tax withholding obligations related to the vesting of restricted stock units (RSUs) under the company's 2023 RSU Equity Incentive Plan.
- Following the transaction on April 4, Leverone beneficially owned 15,053 shares.
- On April 7, 2025, Leverone sold 1,844 shares of Class A Common Stock at a weighted average price of $2.671.
- Following the transaction on April 7, Leverone beneficially owned 13,209 shares.
- The price per share for the April 4 transaction ranged from $3.10 to $3.58, and for the April 7 transaction, it ranged from $2.57 to $3.03.
Sentiment
Score: 5
Explanation: This is a routine transaction (Form 4 filing) related to tax obligations, so the sentiment is neutral.
Industry Context
Sales of shares by company executives are a common occurrence, often related to compensation or personal financial planning. It's typical for executives to sell shares to cover tax obligations when RSUs vest.
Stakeholder Impact
- The sale of shares by the CFO could have a minor, temporary impact on the stock price, but is unlikely to have a significant long-term effect on shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/04/2025 | CFO sold 1,278 shares of Class A Common Stock at a weighted average price of $3.3276. |
| 04/07/2025 | CFO sold 1,844 shares of Class A Common Stock at a weighted average price of $2.671. |
| 04/08/2025 | Date of signature by power of attorney. |
Keywords
Form 4, OnKure Therapeutics, Jason A. Leverone, CFO, Class A Common Stock, Share Sale, RSU, Tax Withholding
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