Form 4: REGENXBIO Officer Sells Shares for Tax Obligations
Insider Transaction Report
REGENXBIO's Chief Strategy & Legal Officer, Patrick J. Christmas, disposed of 9,793 common shares to cover tax liabilities related to RSU vesting.
Summary
- Patrick J. Christmas, Chief Strategy & Legal Officer of REGENXBIO Inc. (RGNX), reported a disposition of common stock.
- The transaction involved 9,793 shares of common stock, withheld to pay taxes upon the vesting of restricted stock units (RSUs).
- The shares were valued at $14.4 per share for the purpose of this transaction.
- The RSUs were originally granted on January 3, 2022, January 3, 2023, and January 2, 2024.
- The number of shares withheld was determined on January 2, 2026, based on the closing price of the issuer's common stock on December 31, 2025.
- Following this transaction, Patrick J. Christmas beneficially owns 141,618 shares of common stock directly.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary disposition of shares for tax purposes upon RSU vesting, which is a neutral event for company sentiment.
Future Outlook
This filing is a routine report of an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This is a standard insider transaction filing (Form 4) reporting a tax-related disposition of shares by a company officer. It does not provide information relevant to broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, non-discretionary tax-related transaction by an insider, not indicative of a change in confidence or strategic shift.
Key Dates
| Date | Description |
|---|---|
| 01/03/2022 | Original grant date for a portion of the restricted stock units. |
| 01/03/2023 | Original grant date for a portion of the restricted stock units. |
| 01/02/2024 | Original grant date for a portion of the restricted stock units. |
| 12/31/2025 | Closing price of common stock used to determine the number of shares withheld for taxes. |
| 01/02/2026 | Transaction date for the disposition of shares due to tax withholding upon RSU vesting. |
| 01/06/2026 | Date the Form 4 was signed by the reporting person. |
Keywords
REGENXBIO, RGNX, Form 4, Insider Transaction, Stock Sale, RSU Vesting, Tax Withholding, Patrick J. Christmas
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