Form 4: Roivant Sciences Director Melissa Epperly Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Director Melissa Epperly sold 4,245 common shares of Roivant Sciences to cover tax obligations related to the vesting of Restricted Stock Units (RSUs).
Summary
- Melissa Epperly, a director of Roivant Sciences Ltd., sold 4,245 common shares on September 12, 2024.
- The sale was executed at a price of $12.12 per share.
- The transaction was a 'net settlement' by Roivant Sciences to cover tax withholding obligations related to the vesting and settlement of previously granted RSUs.
- Following the transaction, Epperly directly owns 36,424 common shares of Roivant Sciences.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover tax obligations) and does not contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Sales of shares to cover tax obligations upon vesting of RSUs are a common practice among company executives and directors.
Key Dates
| Date | Description |
|---|---|
| 09/12/2024 | Date of transaction: Sale of 4,245 common shares. |
| 09/16/2024 | Date of signature on the Form 4 filing. |
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