Form 4: Replimune Group Director Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Director Robert Coffin sold 11,464 shares of Replimune Group, Inc. to cover tax withholding obligations related to the vesting of restricted stock units.
Summary
- On May 16, 2024, Robert Coffin, a director of Replimune Group, Inc., sold 11,464 shares of 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 $6.47, with individual transactions ranging from $6.46 to $6.56 per share.
- Following the transaction, Coffin still beneficially owns 1,821,872 shares of Replimune Group, Inc.
Sentiment
Score: 5
Explanation: The document reports a routine transaction (sale of shares to cover taxes). It doesn't inherently convey positive or negative sentiment about the company's prospects.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among company executives and directors. This transaction is not necessarily indicative of the director's sentiment towards the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of the share sale transaction. |
| 05/20/2024 | Date of signature for the Form 4 filing. |
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