Form 4: REGENXBIO Officer's Tax-Related Stock Disposition

REGENXBIO's Chief Strategy & Legal Officer, Patrick J. Christmas, reported a disposition of 4,700 common shares to cover tax obligations related to vested restricted stock units.

Summary

• Patrick J. Christmas, Chief Strategy & Legal Officer of REGENXBIO Inc., reported a disposition of 4,700 shares of common stock.
• This disposition was to satisfy tax withholding obligations upon the vesting of restricted stock units (RSUs) that were originally granted on August 1, 2024.
• The shares were valued at $11.16 per share for tax purposes, based on the closing price of the issuer's common stock on February 1, 2026.
• Following this transaction, Mr. Christmas beneficially owns 210,667 shares of REGENXBIO common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative transaction for tax purposes, which does not reflect a change in the reporting person's investment thesis or the company's operational performance.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that tax-related dispositions of shares upon restricted stock unit vesting are a common and routine aspect of executive compensation. Such transactions are generally not indicative of management's sentiment towards the company's future prospects, unlike open market sales.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related disposition, not a voluntary sale, and does not signal a change in the executive's confidence.
• Employees: Reflects standard equity compensation practices for executives within the company.

Key Dates

Recommendation

This Form 4 reports a routine tax-related disposition of shares upon RSU vesting by an executive. It does not signal any change in the company's fundamentals or the executive's long-term view, thus it provides no new information to alter an existing investment thesis.

Keywords

REGENXBIO, RGNX, Form 4, insider transaction, stock disposition, tax withholding, restricted stock units, Patrick J. Christmas