Form 4: Replimune Group Officer Andrew Schwendenman Sells Shares to Cover Tax Obligations

Andrew Schwendenman, Chief Accounting Officer of Replimune Group, sold 3,287 shares of common stock to cover tax withholding obligations related to the vesting of restricted stock units.

Summary

• On May 20, 2025, Andrew Schwendenman, Chief Accounting Officer of Replimune Group, Inc., sold 3,287 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 $8.05, with individual transactions ranging from $8.05 to $8.80 per share.
• Following the transaction, Schwendenman directly owns 68,284 shares of Replimune Group, Inc.
• The sale was conducted according to an irrevocable 'sell to cover' provision in the RSU award agreements, not as a discretionary sale.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (sell to cover taxes on vested RSUs) and does not contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among company executives and officers. This transaction is a routine part of executive compensation and does not necessarily indicate a change in the officer's confidence in the company.

Stakeholder Impact

• The sale of shares by an officer could have a minor, temporary impact on the stock price, but is unlikely to have a significant long-term effect.

Key Dates

Keywords

Replimune Group, Andrew Schwendenman, Form 4, Share Sale, Restricted Stock Units, Tax Withholding, Officer Transaction, REPL