Form 4: Replimune Group Officer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Christopher Sarchi, Chief Commercial Officer of Replimune Group, sold shares to cover tax withholding obligations related to the vesting of restricted stock units.
Summary
- Christopher Sarchi, the Chief Commercial Officer of Replimune Group, Inc., sold 3,749 shares of common stock on May 20, 2025.
- 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, Sarchi still beneficially owns 128,296 shares of Replimune Group, Inc.
- The sale was conducted according to a pre-arranged '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) and doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Sales of shares by company officers to cover tax obligations upon vesting of stock options or restricted stock units are a common practice and generally don't indicate a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of the stock sale transaction. |
| 05/22/2025 | Date of signature for the Form 4 filing. |
Keywords
Replimune Group, Christopher Sarchi, stock sale, Form 4, tax withholding, restricted stock units, REPL
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