Form 4: Personalis CMO Sells Shares for Tax Obligations
Insider Transaction Report
Personalis, Inc.'s Chief Medical Officer, Richard Chen, sold 452 shares of common stock to cover tax withholding obligations related to vested restricted stock units.
Summary
- Richard Chen, Chief Medical Officer and EVP of Personalis, Inc. (PSNL), sold 452 shares of common stock.
- The transaction occurred on July 28, 2025, at a price of $6.57 per share.
- The sale was an automatic transaction to cover tax withholding obligations arising from the settlement of vested restricted stock units.
- Following this transaction, Richard Chen beneficially owns 124,505 shares of Personalis, Inc. common stock.
Sentiment
Score: 5
Explanation: The transaction is a routine, automatic sale to cover tax obligations from vested equity, which is neutral in sentiment. It does not indicate a change in management's view of the company's prospects.
Stakeholder Impact
- Minimal direct impact on shareholders as this is a small, routine tax-related sale by an executive, not indicative of a change in company fundamentals or executive confidence.
Key Dates
| Date | Description |
|---|---|
| 07/28/2025 | Date of earliest transaction (sale of common stock) |
| 07/30/2025 | Signature date of the reporting person's attorney-in-fact |
Keywords
Personalis Inc., PSNL, Richard Chen, Chief Medical Officer, Insider Trading, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, Equity Compensation
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