Form 4: Replimune Group Chief Medical Officer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Konstantinos Xynos, Chief Medical Officer of Replimune Group, sold 7,952 shares of common stock to cover tax withholding obligations related to the vesting of restricted stock units.
Summary
- On May 20, 2025, Konstantinos Xynos, the Chief Medical Officer of Replimune Group, Inc., sold 7,952 shares of the company's common stock.
- The sale was executed to cover tax withholding obligations associated with the partial vesting of his 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, Xynos directly owns 146,933 shares of Replimune Group, Inc.
- The sale was conducted according to a pre-arranged 'sell to cover' provision in the RSU award agreements, not representing a discretionary sale.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The transaction is a routine sale of shares to cover tax obligations, which is a common practice and doesn't necessarily reflect a positive or negative outlook on the company.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among company executives and do not necessarily indicate a negative outlook on the company's future.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of the stock sale transaction. |
| 05/22/2025 | Date of signature on the Form 4 filing. |
Keywords
Replimune Group, Konstantinos Xynos, Chief Medical Officer, Stock Sale, Form 4, Tax Withholding, Restricted Stock Units, REPL
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