Form 4: Rapid Micro Biosystems CFO Sean Wirtjes Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Sean Wirtjes, CFO of Rapid Micro Biosystems, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 11, 2024, Sean M. Wirtjes, CFO of Rapid Micro Biosystems, Inc. [RPID], had 7,454 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, Wirtjes directly owns 325,403 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral event related to tax obligations and doesn't inherently reflect positive or negative sentiment towards the company.
Industry Context
This is a standard SEC Form 4 filing, reflecting a common practice of share withholding to cover tax obligations upon the vesting of restricted stock units. It is a routine transaction and doesn't necessarily indicate a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of transaction: Share withholding for tax obligations. |
| 03/12/2024 | Date of signature for the Form 4 filing. |
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