Form 4: Repligen Corp Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Christine Gebski, SVP at Repligen Corp, disposed of 334 shares to cover tax withholding obligations related to the release of restricted stock units.
Summary
- On May 14, 2024, Christine Gebski, a Senior Vice President at Repligen Corporation, disposed of 334 shares of common stock.
- The transaction was executed to cover tax withholding obligations arising from the release of restricted stock units.
- The shares were sold at a price of $163.34 per share.
- Following the transaction, Gebski directly owns 27,419 shares of Repligen Corp.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (stock sale for tax obligations) and does not indicate any significant positive or negative sentiment.
Industry Context
Executive stock sales for tax purposes are a common occurrence, particularly after the vesting of restricted stock units. This transaction is a routine part of executive compensation and financial planning.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/14/2024 | Date of transaction: Christine Gebski disposed of shares to cover tax obligations. |
| 05/15/2024 | Date of signature on the Form 4 filing. |
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