Form 4: Personalis Executive Richard Chen Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Richard Chen, Chief Medical Officer and EVP of Personalis, Inc., sold 519 shares of common stock on January 28, 2025, to cover tax withholding obligations.
Summary
- On January 28, 2025, Richard Chen, the Chief Medical Officer and EVP of Personalis, Inc., sold 519 shares of the company's common stock.
- The sale was executed at a price of $5.79 per share.
- The transaction was conducted to cover tax withholding obligations arising from the settlement of vested restricted stock units.
- Following the transaction, Chen directly owns 123,367 shares of Personalis, Inc.
Sentiment
Score: 5
Explanation: The document describes a routine stock sale for tax purposes, which is neutral in sentiment.
Industry Context
Executive stock sales are a common occurrence, often related to compensation and tax planning. This transaction appears to be a routine sale to cover tax obligations and doesn't necessarily indicate a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 01/28/2025 | Date of stock sale transaction. |
| 01/30/2025 | Date of signature on the Form 4 filing. |
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