Form 4: Replimune Executive Sells Shares for Tax Withholding

Replimune Group Inc. Chief Accounting Officer Andrew Schwendenman sold 7,894 shares of common stock to cover tax obligations related to RSU vesting.

Summary

• Andrew Schwendenman, Chief Accounting Officer at Replimune Group, Inc., sold 7,894 shares of common stock on May 18, 2026.
• The sale was executed to cover tax withholding obligations arising from the partial vesting of Restricted Stock Units (RSUs).
• This transaction was conducted under an irrevocable 'sell to cover' provision within the RSU award agreements, not as a discretionary sale.
• The shares were sold at a weighted average price of $5.08, with individual transactions ranging from $5.01 to $5.08 per share.
• Following the sale, Schwendenman beneficially owns 107,057 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as the transaction is a standard procedure for covering tax obligations upon RSU vesting and does not reflect a change in the executive's investment sentiment towards the company.

Negatives

• A company executive sold a portion of their shares, although this was for tax withholding purposes and not a discretionary sale.

Future Outlook

No specific future outlook or guidance is provided in this filing.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures for insider transactions, often related to RSU vesting and associated tax liabilities, and do not typically indicate a change in management's fundamental view of the company's prospects.

Stakeholder Impact

• Shareholders: The sale is a routine tax-related event and is not expected to have a significant impact on the share price or overall shareholder value.

Key Dates

Keywords

Replimune Group, REPL, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, RSU Vesting, Chief Accounting Officer