Form 4: Replimune CEO Sells Shares to Cover Tax Obligations

Replimune Group, Inc.'s CEO, Sushil Patel, sold shares to cover tax withholding obligations related to the vesting of restricted stock units.

Summary

• On May 20, 2025, Sushil Patel, the CEO of Replimune Group, Inc., sold 25,105 shares of common stock.
• The sale was executed to cover tax withholding obligations associated with the partial vesting of Patel's Restricted Stock Units (RSUs).
• The shares were sold at a weighted average price of $8.06, with individual transactions ranging from $8.05 to $8.80 per share.
• Following the transaction, Patel still beneficially owns 343,576 shares of Replimune Group, Inc.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (selling shares to cover taxes on vested RSUs). It doesn't inherently indicate positive or negative sentiment regarding the company's performance.

Industry Context

Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among company executives and are generally not indicative of the company's performance or future prospects.

Stakeholder Impact

• The sale of shares by the CEO could have a minor, temporary impact on the stock price due to increased selling pressure.

Key Dates

Keywords

Replimune, Sushil Patel, SEC Form 4, Share Sale, Restricted Stock Units, Tax Withholding, Beneficial Ownership