RGNX.NASDAQRegenxbio INC

Form 4: REGENXBIO CEO Sells Shares for Tax Obligations Following RSU Vesting

Sentiment:

Insider Transaction Report


REGENXBIO Inc.'s Chief Executive Officer, Curran Simpson, disposed of 4,701 shares of common stock valued at $8.23 per share to cover tax obligations related to the vesting of restricted stock units.

Summary

  • Curran Simpson, the Chief Executive Officer and a Director of REGENXBIO Inc. (RGNX), reported a transaction involving the company's common stock.
  • On July 1, 2025, Mr. Simpson disposed of 4,701 shares of common stock.
  • The disposition was a 'F' transaction code, indicating shares withheld to pay taxes upon the vesting of restricted stock units (RSUs).
  • These RSUs were originally granted to Mr. Simpson on July 1, 2024.
  • The price per share for the disposition was $8.23, which was determined based on the closing price of REGENXBIO's common stock on July 1, 2025.
  • Following this reported transaction, Curran Simpson beneficially owns 252,331 shares of REGENXBIO Inc. common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary event related to executive compensation (tax withholding upon RSU vesting) and does not reflect a change in sentiment or strategic direction for the company. It is neutral in its implications for investors.

Positives

  • The transaction represents the vesting of restricted stock units, which is a form of compensation and indicates continued employment and performance by the CEO.

Negatives

  • The disposition of shares was solely for tax withholding purposes upon the vesting of restricted stock units, and not a discretionary sale, therefore it does not indicate a negative outlook on the company by the insider.

Future Outlook

NA

Industry Context

This is a routine insider transaction related to executive compensation and does not provide specific insights into broader industry trends or competitive landscape.

Stakeholder Impact

  • Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not a sale indicating lack of confidence.
  • Employees: No direct impact mentioned.

Key Dates

DateDescription
07/01/2024Original grant date of restricted stock units to Curran Simpson.
07/01/2025Date of transaction where shares were disposed of for tax withholding upon RSU vesting; also the date the closing price was determined for the shares withheld.
07/03/2025Date the Form 4 filing was signed.

Recommendation

hold

Keywords

REGENXBIO, RGNX, Curran Simpson, CEO, Insider Transaction, Form 4, Restricted Stock Units, RSU Vesting, Tax Withholding, Common Stock

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.