Form 4: Repligen Corp Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Ralf Kuriyel, Senior VP of R&D at Repligen Corp, disposed of 386 shares to cover tax withholding obligations.
Summary
- On March 7, 2024, Ralf Kuriyel, Senior VP of R&D at Repligen Corp, disposed of 386 shares of common stock to cover tax withholding obligations.
- The shares were sold at a price of $195.72 per share.
- Following the transaction, Kuriyel directly owns 26,506 shares of Repligen Corp.
- The transaction was executed to satisfy tax obligations arising from the release of restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't indicate a change in the executive's confidence in the company.
Industry Context
Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations related to stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of transaction: Ralf Kuriyel disposed of 386 shares to cover tax obligations. |
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