Form 4: Phathom Pharmaceuticals Officer Sells Shares for Tax
Insider Transaction Report
Phathom Pharmaceuticals' Principal Accounting Officer, Robert Charles Breedlove, sold 461 shares of common stock to cover tax withholding obligations.
Summary
- Robert Charles Breedlove, Principal Accounting Officer of Phathom Pharmaceuticals, Inc. (PHAT), reported a transaction on September 5, 2025.
- The transaction involved the sale of 461 shares of common stock at a price of $12.09 per share.
- The purpose of this sale was to satisfy tax withholding obligations upon the settlement of restricted stock units.
- Following this transaction, Mr. Breedlove directly beneficially owns 47,931 shares of common stock.
- Additionally, Mr. Breedlove indirectly beneficially owns 6,945.4 shares of common stock through a 401(k) plan.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary sale of shares by an officer to cover tax obligations, which is a common occurrence and generally neutral in sentiment regarding the company's prospects.
Future Outlook
NA
Industry Context
This is a routine insider transaction filing (Form 4) and does not provide information directly related to broader industry trends or competitive landscape. It reflects an individual's stock activity rather than company-wide strategic or operational updates.
Stakeholder Impact
- Shareholders: This is a routine, non-discretionary transaction by an officer to cover tax obligations, which typically has minimal impact on shareholder perception or company valuation.
Key Dates
| Date | Description |
|---|---|
| 09/05/2025 | Date of common stock transaction (sale). |
| 09/09/2025 | Date the Form 4 was signed by the reporting person. |
Keywords
Phathom Pharmaceuticals, PHAT, Insider Trading, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, Officer Transaction
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