Form 4: Repligen Corp Executive Bylund James Reports Tax Withholding Share Disposals
SEC Form 4 Filing
Chief Operating Officer James Bylund of Repligen Corp reports disposals of common stock to cover tax obligations arising from the release of performance stock units.
Summary
- On March 4, 2024, James Bylund, Chief Operating Officer of Repligen Corp, disposed of 197 shares of common stock at a price of $193.99.
- On March 5, 2024, Bylund disposed of an additional 22 shares of common stock at a price of $195.52.
- These disposals were to satisfy tax withholding obligations related to the release of performance stock units.
- Following these transactions, Bylund directly owns 22,241 shares of Repligen Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing relates to routine tax-related share disposals by an executive. It doesn't indicate a significant positive or negative outlook for the company.
Industry Context
Executive share disposals for tax obligations are a common occurrence and generally don't reflect a change in the executive's long-term outlook for the company.
Stakeholder Impact
- The share disposals have a minimal impact on shareholders as they are related to tax obligations and do not represent a significant change in the executive's holdings.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Disposal of 197 shares of common stock at $193.99. |
| 03/05/2024 | Disposal of 22 shares of common stock at $195.52. |
| 03/06/2024 | Date of signature for the Form 4 filing. |
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