Form 4: Rapid Micro Biosystems CEO Robert Spignesi Jr. Reports Stock Transaction
SEC Form 4 Filing
Robert G. Spignesi Jr., CEO of Rapid Micro Biosystems, reports the withholding of 10,323 shares to cover tax obligations related to vesting restricted stock units on March 11, 2024.
Summary
- On March 11, 2024, Robert G. Spignesi Jr., the President and CEO of Rapid Micro Biosystems, Inc. [RPID], had 10,323 shares of Class A Common Stock withheld to cover tax obligations.
- The shares were withheld at a price of $0.981 per share.
- Following the transaction, Spignesi directly owns 468,824 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine filing related to insider transactions and is a common occurrence for executives receiving stock-based compensation.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax withholding.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of transaction: withholding of shares for tax obligations. |
| 03/12/2024 | Date of signature for the report. |
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